[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
Yondr Group, a global developer of ultra large scale data centers, has completed two new financing rounds, consisting of a global letter of credit instrument and a European holding company financing instrument, respectively used to lock in power capacity for European and American projects and reduce leverage on European platforms. The current power generation has become a core bottleneck in data center development, and the surge in demand for AI and cloud computing has intensified this competition. The two financing rounds were participated by multiple institutions such as French Foreign Trade Bank, BNP Paribas, and IFM Investors, providing capital ammunition for Yondr's continued expansion. Editor/Cheng Liting
Hong Kong Chief Executive Carrie Lam led 40 business leaders and 30 representatives of mainland enterprises to visit Kazakhstan, marking the first visit of the Chief Executive to Central Asia and receiving a high-level reception from President Tokayev. The two sides signed seven cross disciplinary agreements covering fields such as science and technology innovation, finance, and information technology, connecting the cooperation channel between the Hong Kong Stock Exchange and Astana International Financial Center. As the first place of the the Belt and Road and the largest trading partner of Hong Kong in Central Asia, Kazakhstan is accelerating its industrial transformation. Editor/Cheng Liting