[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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• 2025.10.27 10:33
• [CNOOC Engineering signs the largest oil and gas engineering contract in the Middle East]
• On October 24, 2025, China National Offshore Oil Engineering Corporation (referred to as "CNOOC Engineering") and Qatar Energy Company officially signed an EPC contract for the Burhani offshore oil field project, valued at approximately 4 billion US dollars (28.5 billion yuan). The project will start in October 2025 and is expected to be completed by June 2031. According to the contract, CNOOC Engineering will be responsible for the design, procurement, construction, transportation, installation, and commissioning of over 60 independent offshore oil and gas facilities, as well as 40 subsea pipelines and cables. At the same time, it will undertake the tasks of renovating existing platforms and dismantling abandoned platforms. The steel processing volume of the project is expected to exceed 130000 tons, and its business coverage and engineering complexity have set world records. The Burhani oil field is located in the Persian Gulf, about 100 kilometers east of Qatar, with a maximum depth of about 40 meters. This cooperation is the largest contract amount for oil and gas engineering projects obtained by Chinese enterprises in the Middle East region, marking the international recognition of China's comprehensive strength in the field of high-end marine engineering. Editor/Yang Beihua

• 2025.10.27 09:22
• [China Automotive Intelligent Connected Technology Innovation Base starts construction]
• Recently, the first comprehensive base for intelligent connected vehicle technology innovation across the entire value chain in China, the China Automotive Center Intelligent Connected Technology Innovation Base, officially started construction in Dongli District. The benchmark project has a total investment of nearly 2 billion yuan, covers an area of over 140 acres, and has a total construction area of about 100000 square meters. It plans to build 36 advanced laboratory clusters such as intelligent driving and intelligent cockpit, covering multiple key areas of intelligent connected vehicles. It is expected to be completed and put into use by 2028, achieving full coverage of research and testing technology for intelligent connected vehicles and filling the gap in China's technological innovation infrastructure in this field. An Tiecheng, Secretary of the Party Committee and Chairman of the China Automotive Center, stated that this base is a key action to connect the "14th Five Year Plan" and implement the layout of the "15th Five Year Plan" intelligent networking field. It will focus on technological innovation throughout the entire value chain and create a comprehensive scientific and technological innovation platform. Editor/Cheng Liting