[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 22, 2026, Zhonggong International announced that its wholly-owned subsidiary, China Zhongyuan International Engineering Co., Ltd., signed a general contract for the construction of a 100 MW/102 MW independent hybrid energy storage power station in Changfeng County, Hefei City, Anhui Province with Yuankong Storage and Charging. The contract amount was 1.127 billion yuan, accounting for 9.75% of Zhonggong International's total operating revenue in 2025. According to the announcement, the project construction mainly includes the survey and design, supply, construction, testing, commissioning, inspection, and acceptance of the energy storage power station. The project period is 244 days from the date of commencement. Yuankong Energy Storage is a subsidiary of Yuandian (Beijing) Flywheel Energy Storage Technology Co., Ltd., a technology-based enterprise specializing in the research and industrialization of magnetic levitation flywheel energy storage technology. Its business covers areas such as grid side frequency regulation, rail transit energy recovery, and new energy vehicle supercharging stations.Editor/Gong Ziwei
On June 22, 2026, the Three Gorges Group Xinjiang Jimsar Million Photovoltaic Supporting Vanadium Liquid Flow Energy Storage Project was fully put into commercial operation one month ahead of schedule. The project is located in Jimsar County, Changji, with an energy storage capacity of 200000 kilowatts/1 million kilowatt hours, making it the largest all vanadium liquid flow energy storage power station in China. Relying on long-term energy storage technology, the equipment is safe, durable, and easy to expand. The project generates an average of 1.72 billion kilowatt hours of electricity annually, saving 519000 tons of standard coal and reducing carbon dioxide emissions by 1.424 million tons.Editor/Gong Ziwei