[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

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• 2026.08.20 16:15
• [Hydroelectric consortium wins bid for Philippine water supply tunnel construction project]
• Recently, a consortium led by hydropower won the bid for the 1B and 1C sections of the East Manila Water Supply Tunnel in the Philippines. The project will construct a water supply tunnel and supporting facilities with a total length of about 15 kilometers. After completion, it can increase the local water supply scale, improve the water supply system in the eastern part of Metro Manila, and help improve people's livelihoods and local economic development. Editor/Min Jing

• 2026.08.20 16:15
• [Main Structure of Welfare Interchange Grand Bridge on Guizhong Expressway Completed]
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