[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
Guangzhou Metro and two Vietnamese companies have won the feasibility study and design consulting contract for the first phase of Ho Chi Minh City Metro Line 6, with an amount equivalent to 11.98 million US dollars. This is the third subway project they have won locally. The consortium will take 270 days to complete the preliminary core work such as line planning and TOD development research.Editor/Min Jing
The national railway procurement platform has released a pre qualification announcement for the first phase of the China Thailand high-speed railway in Bangkok's Nakhon Ratchasima section, covering the entire track, power supply and communication signal construction in four sections. The bidding qualification thresholds for each section have been clarified, and the project has bid farewell to civil construction and entered a critical stage of track equipment installation.Editor/Min Jing