[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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• 2026.06.12 17:04
• [Saban wins Saudi Arabia 's EPC contract for more than $ 1 billion gas plant]
• Recently, the Italian oilfield service giant Seban Group has won a large list of overseas energy engineering projects, and the Saudi billion-level gas plant project has landed, consolidating its position in the Middle East market and broadening the layout of global oil and gas infrastructure. It is reported that the Saipan Group has won the bid for the Saudi Usmaniyah natural gas compression plant project through a Saudi joint venture. The contract value is USD 1.04 billion, and the project cycle is 42 months. It is responsible for the overall project, procurement and construction work, which can extend the production life of the local gas field and ensure the supply of Saudi energy. In addition, in April this year, the company won a USD 400 million offshore water injection facility contract for the Safaniya Oilfield in Saudi Arabia.At the same time, it won a USD 150 million pre-project order for the offshore project in Guyana, and made more efforts to expand the overseas oil and gas engineering market.Editor / Li Xiaohua

• 2026.06.12 16:05
• [New shipping route from Yangpu to India opened]
• On June 9, 2026, the Xintaicang ship departed from Yangpu International Container Terminal, and the new container shipping route from Yangpu to India was officially opened. The route passes through the South Vietnam Sea Defense Port, Singapore Port, and India's Mundra Port, making it the second sea freight channel connecting Yangpu and South Asia. Hainan rapeseed oil, chemical products, etc. can be directly transported to India, and domestic goods can also be transshipped through Yangpu to South Asia, forming a two-way logistics pattern between the north and south. Yangpu Maritime Bureau provides full escort throughout the process, simplifies inspection procedures, and effectively reduces logistics costs. Editor/Cheng Liting