[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 30, 2026, the excavation of the underground powerhouse of the Nanshankou Pumped Storage Power Station in Golmud, Qinghai, undertaken by Three Gorges Construction, was completed. The power station is the world's largest under construction pumped storage project at an altitude of over 3500 meters, with a total installed capacity of 2.4 million kilowatts. The project has entered the pouring and equipment installation stage, and the first batch of units is planned to be put into operation in 2028. Editor/Min Jing
On June 27, 2026, ENERGY CHINA Gezhouba Group began construction of the country's first integrated zero carbon highway project in Guangxi. Supporting photovoltaic energy storage and heavy-duty truck replenishment network, relying on ecological carbon sinks to achieve net zero carbon operation, in line with the national zero carbon channel construction deployment, and creating a demonstration model for low-carbon transformation of transportation. Editor/Min Jing