[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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• 2026.03.06 10:39
• [Announcement of Winning Bid for Ningxia Photovoltaic Storage Project]
• Recently, the bidding candidates for the procurement of energy storage system equipment for the 2026 stock photovoltaic power supply side energy storage project in Ningxia were announced. Xuchang Xuji Electric Energy Storage Technology Co., Ltd. ranks as the first candidate for winning the bid with a total quotation of approximately 35.7715 million yuan, equivalent to a unit price of approximately 0.745 yuan/watt hour. TBEA Xinjiang New Energy Co., Ltd. and Beijing Tiancheng Tongchuang Electric Co., Ltd. ranked second and third respectively, with quotations of approximately 33.5448 million yuan and 32.6424 million yuan, corresponding to unit prices of approximately 0.697 yuan/watt hour and 0.68 yuan/watt hour, respectively.Editor/Yang Meiling

• 2026.03.06 10:39
• [Xiehe New Energy and Bain Capital join hands to explore hydrogen energy solutions]
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