[PowerChina Newly Signed Zambia Photovoltaic Grid Connection Project] Recently, PowerChina Hydropower 11th Bureau signed a contract with Zambia Copper Strip Energy Company for the grid connection project of the Itingpi photovoltaic power station. This project is invested and developed by Copper Strip Energy Company, located in the Kitwei Itingpi area of Zambia's Economic and Electrical Load Copper Strip Province. It is a grid connected supporting facility for the Itingpi Photovoltaic Power Station under construction by the 11th Hydroelectric Bureau. The main work includes the design, procurement, and full process construction of the 50 MW photovoltaic power station grid connected transmission, including civil engineering, electromechanical, control and monitoring, and all other on-site engineering. After the completion of the project, it will provide guarantees for the smooth generation and grid connection of photovoltaic power stations, which is of great significance in alleviating regional electricity demand conflicts and enhancing green power supply capabilities. Editor/Ma Xue

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• 2026.08.06 11:13
• [Jizhong Energy Zhangjialiang Coal Mine Reconstruction Project Starts Construction]
• The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting

• 2026.08.06 11:02
• [Saudi Aramco's Q2 net profit increased by 44% year-on-year]
• Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting