[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
On June 6, 2026, the first arch of the underground powerhouse of the largest pumped storage power station under construction in western China, Qinghai Wanrang Pumped Storage Power Station, officially began construction, marking the beginning of the main construction period of the cavern for this giant energy heart rooted in the Qinghai Tibet Plateau. The construction of the underground powerhouse has reached an important milestone, and the project construction has entered a new stage of construction.Editor/Gong Ziwei
On June 4, 2026, China Southern Power Grid Corporation and the Ministry of Industry and Trade of Laos signed a joint construction agreement for the China Laos New Power System Technology Joint Laboratory in Beijing. The China Laos Joint Laboratory of Electric Power will focus on scientific research cooperation in the fields of green energy, digital power grid, power artificial intelligence, energy planning, etc., promote the systematic construction and sharing of China Laos electric power technology standards, collaborate on energy strategy research and think tank cooperation, and strive to create a global benchmark for clean energy cooperation in the South.Editor/Gong Ziwei