[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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  • 2026.06.16 18:38
  • [Completion of the construction section by Chinese enterprises!]
  • Recently,in Taolanaru, Madagascar, the first section of the first phase of National Highway 12, which was constructed by China Railway 18th Bureau, was officially completed. Officials such as the interim head of state and prime minister of Malaysia attended the completion ceremony. The total length of this section is about 45 kilometers, with 5 supporting bridges built, and it is the core transportation artery in southeastern Malaysia. The implementation of the project greatly improves local travel conditions, reduces logistics costs, and supports the development of industries such as fishing, mining, and tourism along the route. At the same time, the second phase of the project has also been officially launched.Editor/Li Xiaohua
  • 2026.06.16 18:28
  • [Qingdao signs contract for Namibia Energy Port project]
  • On June 16, 2026, China Chemical Engineering 14th Construction Co., Ltd. and Hong Kong HSBC Source International Co., Ltd. signed an EPC general contract for the Namibia Energy Hub Port project in Qingdao. The relevant enterprise leaders attended and witnessed the signing. This key livelihood project in Namibia will be built into an integrated large-scale energy hub base, which can effectively alleviate the local energy shortage and help regional development. Relying on the opportunity of the Namibian President's visit to China, this signing is the result of China Namibia the Belt and Road practical cooperation, and also opens a new journey for the 14th China National Chemical Construction Co., Ltd. to deeply cultivate the African market.Editor/Li Xiaohua
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