[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
Recently, the Tianfa Energy Storage and Green Energy High end Equipment Manufacturing Base project started construction in Tianjin Future Science and Technology City, with a total land area of about 14700 square meters. It focuses on the manufacturing of hydro generator sets and supporting core components, covering high-end equipment fields such as pumped storage units, wind power, and solar energy. After the project reaches its production capacity, the annual output value is expected to exceed 300 million yuan, and the annual tax revenue will exceed 8 million yuan. It is planned to be put into operation within one year, which will fill the gap in high-end equipment manufacturing in Ninghe District. Editor/Cheng Liting
As of the end of April 2026, Inner Mongolia plans to implement 3668 major projects with a total investment of 3.7 trillion yuan and an annual planned investment of 1079.5 billion yuan. At present, 3200 units have resumed work, with a resumption rate of 87%. The completed investment is 245.2 billion yuan, with a completion rate of 23%. In the first quarter, the GDP of the entire region increased by 6.2% year-on-year, ranking among the top in the country in terms of growth rate. Major project investments are becoming the core engine of economic growth. Editor/Cheng Liting