[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
In June 2026, the National Energy Administration held a monthly video conference on renewable energy scheduling. The conference reviewed the development of the industry in the first four months of 2026. As of the end of April, the installed capacity of renewable energy exceeded 2.4 billion kilowatts, accounting for 60.5% of the total installed capacity. The scale of wind and solar installed capacity continued to increase, highlighting the role of green power supply transformation. The meeting analyzed the existing development difficulties, deployed seven key tasks around the beginning of the 15th Five Year Plan, focused on new energy consumption, base construction, market mechanism improvement, enterprise transformation, and other contents. Multiple units participated in the meeting to jointly promote the high-quality development of renewable energy.Editor/Gong Ziwei
Gansu Power Investment Runneng (Wuwei) New Energy Co., Ltd., a subsidiary of Gansu Energy Holding, invested in the construction of two major new energy projects in Tengger Desert, with a total installed capacity of 4 million kilowatts and a total investment of 12.917 billion yuan. The company and China Resources Power hold 51% and 49% of the shares respectively, with the project capital accounting for 20%, and the rest relying on loans. The construction period is 24 months and will start in batches. Photovoltaic and wind power projects have been implemented in Liangzhou District and Minqin County respectively, with good revenue indicators and basic completion of relevant filing and approval procedures. The project belongs to the key project of Shagehuang. After completion, it will expand the scale of clean energy for the enterprise, enhance the supply of green electricity in the northwest, and help achieve the dual carbon goals.Editor/Gong Ziwei