[SSE plans to invest £40bn in clean energy projects]SSE Plc, a power generator and grid operator, set out plans to invest as much as 40 billion pounds in clean-energy projects over a decade and called on the government to keep Britain competitive. The UK is working to boost its renewable power generation capacity to meet its goal of net zero emissions by 2050 and to become more independent of imported energy after geopolitical conflicts caused supply disruptions. What we want to see is an acceleration of pace and ensuring that Britain can compete with places like the United States with the Inflation Reduction Act (IRA), SSE chief executive Alistair Phillips-Davies said in a conference call with reporters. Mr Phillips-davies said SSE could not rule out future investments in the US, but expected Europe to remain its core market. The UK has a contract for difference (CfD) scheme to help stimulate investment in new renewable energy projects, offering a guaranteed minimum price for the electricity they produce. Editor/Xu Shengpeng
From January to April 2026, the freight volume of the Russia China railway increased by 3% year-on-year, reaching 62.7 million tons, and the container transportation volume steadily increased. Among them, Russia exports a considerable amount of resource goods such as coal, iron ore, petroleum products, and fertilizers to China, while the import of chemicals, industrial products, automotive parts, and other goods from China has increased significantly. Freight transportation is divided into two channels: port and border port. The freight performance of the Outer Baikal Port is impressive. The Russian side stated that the railway freight volume between Russia and China has reached a historic high in 2025, and it is expected that the railway freight volume between the two countries will set a new record in 2026.Editor/Gong Ziwei
During Putin's visit to China, China and Russia finalized a plan to upgrade the logistics of bulk commodities, focusing on optimizing the efficiency of customs clearance at ports such as Manzhouli and Heihe, simplifying the customs declaration and inspection process, and launching the Far East Logistics Infrastructure Expansion Plan to enhance border warehousing and transit capabilities. Both sides will enhance cross-border trunk transportation capacity around core commodities such as energy, minerals, and grain, reduce logistics costs, and improve turnover efficiency. This efficient and risk resistant commodity circulation corridor will bring medium - and long-term dividends to mainline logistics enterprises and supply chain service providers. Editor/Cheng Liting