[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 July 21, 2026, Li Singh, an official of the United Nations Economic Commission for Africa, said that strengthening China Africa artificial intelligence cooperation would help Africa's digital transformation. China's open source model would reduce Africa's R&D costs and help the Belt and Road science and technology connectivity.Editor/Gao Xue
China Petroleum's ethylene production in the first half of the year increased by 21% year-on-year, reaching a historic high. Dushanzi Petrochemical Tarim 1.2 million ton ethylene project was put into operation on July 16, with a total capacity of more than 10 million tons, which effectively guaranteed the supply of the chemical market and helped stabilize the the Belt and Road energy industry chain.Editor/Gao Xue