[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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• 2026.03.13 11:33
• [Colin Electric and Intelligent Interconnection Reached Strategic Cooperation]
• Colin Electric and Intelligent Communication Technology Co., Ltd. recently signed a strategic cooperation and mutual procurement framework agreement in Colin Industrial Park, Shijiazhuang. Both parties announced that they will carry out in-depth cooperation around AI high-precision sensing products, charging piles, and new energy products, integrate their respective technology and market advantages, and jointly explore the global new energy market. Liu Guojun, General Manager of Colin Electric's Intelligent Electricity Business Unit, and Zhang Dong, General Manager of the New Energy Business Unit, attended the signing ceremony.Editor/Yang Meiling

• 2026.03.13 11:32
• [CEE6.9 billion centralized procurement and energy storage battery cells]
• China Electric Equipment Group recently launched a large-scale centralized procurement of energy storage batteries. The product purchased this time is 314 ampere hour lithium iron phosphate battery cells, with an estimated total purchase of approximately 19.80 gigawatt hours and a purchase amount of approximately 6.9 billion yuan. Based on this calculation, the purchase price of battery cells is approximately 0.3484 yuan/watt hour.Editor/Yang Meiling