[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 09:34
• [Saudi Arabia signs contract for Syria 760000 kW solar project]
• Saudi Arabia's Hafei Company has signed a 760MW photovoltaic plus 1077MWh energy storage purchase agreement with Syrian Electricity Company, with a term of 20 to 25 years and a starting price of 3 cents per kilowatt hour. It has also signed technical cooperation agreements with Saudi Electricity Company and Siemens Energy.Editor/Gao Xue

• 2026.08.20 09:32
• [Ambassador Zeng Jixin pays a visit to the General Secretary of Abu Dhabi Press Club]
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