[Huaneng Hydropower: plans to invest in Xizang Hydropower project]On May 30, 2023, Huaneng Hydropower held the 16th meeting of the third Board of Directors, deliberating and passing the Motion on the investment and construction of hydropower Station Project in Tibet, which intends to invest and construct hydropower station project in Tibet (hereinafter referred to as the project). The project was approved by the National Development and Reform Commission in April 2023. At present, the project technology is feasible, all conditions have been basically implemented, the project risk is controllable, and the project investment and construction conditions have been met. It is reported that the installed capacity of this project is 2.6 million kW, the annual average power generation is 11.281 billion KWH, the total construction time is 132 months (excluding the preparation period), calculated according to the price level in the third quarter of 2022, the total investment of the project is 58.381 billion yuan. Huaneng Hydropower said that this project investment is an important hub for the company to build a clean energy base in the Xizang section of Lancang River, and plays a significant role in giving full play to the advantages of cascade joint operation in the Lancang River basin, improving the utilization rate of cascade water energy and comprehensive power generation benefits. The economic indicators of the project construction are feasible, and the subsequent cooperation with other power supplies delivered to the clean energy base in Xizang section of the upper reaches of Lancang River is conducive to improving the company's core competitiveness in the market. Editor/Xu Shengpeng
On September 7, 2026, the two railway ports of Khorgos and Alashankou in Xinjiang will run 12473 China Europe Central Asia trains in the first eight months, up 5% year on year, with 25.1 million tons of cargo passing, up 8.2%. There are 91 regular trains at Khorgos Port and 129 at Alashan Pass, with the shortest customs clearance time reduced to 30 minutes.Editor/Gao Xue
In September 2026, Jerry New Energy officially launched the construction of the KOC oil-based rock debris treatment project in Kuwait, becoming the first enterprise among the four winning contractors to enter the site for construction. The project adopts self-developed thermal phase separation technology to achieve oil-water solid three-phase separation and resource recovery, with a construction period of 300 days, to assist in the green and low-carbon operation of Kuwait oil fields.Editor/Gao Xue