[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
The Xinjiang Energy Group's new energy 2.5 million kilowatt wind power project has officially started construction in Qitai County, marking a landmark project for a large-scale clean energy base in the autonomous region. The project is divided into three sub projects, supporting three 220 kV collection stations. After being put into operation, the annual clean electricity transmission capacity will reach 4.36 billion kilowatt hours, saving about 1.32 million tons of standard coal and reducing 330000 tons of carbon dioxide emissions annually. It will effectively promote the green transformation of energy structure in northern Xinjiang. Editor/Cheng Liting
On October 8, 2026, Indonesian President Prabowo presided over the launch ceremony of 11 Chinese funded mining downstream projects at the Weidabe Industrial Park in Central Hamahira District, North Maluku Province. These projects have a total investment of approximately 10.2 billion US dollars and involve fields such as power batteries, nickel cobalt materials, electrolytic aluminum, new energy engineering machinery, and commercial vehicle manufacturing. Editor/Cheng Liting