[Greece has huge potential for future development of renewable energy]Since the outbreak of the conflict between Russia and Ukraine, the global energy transition has witnessed amazing progress in renewable energy. The pain brought by the energy crisis and high inflation to the energy sector in Greece has made the Greek government more determined to push forward the energy transition and implement the gas change target. First of all, in the area of policies and regulations, the Greek government has formulated a road map and removed obstacles for the development of green energy. Second, we should vigorously increase the proportion of sustainable energy supply, improve the energy mix and promote energy transformation. Greece has embarked on a fast track of green energy development with huge potential for future development. Thanks to its unique natural and geographical environment, Greece is rich in solar energy, wind energy and hydropower resources, which provide important basic conditions for green development. Since the outbreak of the Russia-Ukraine conflict, the ongoing geopolitical crisis in Europe and the pain brought by the energy crisis and high inflation to the energy sector in Greece have strengthened the determination of the Greek government to promote energy transformation and implement the target of gas transformation. Green energy development in Greece has entered the fast track with huge potential for future development. This follows the Greek Government's National Energy and Climate Plan 2030 on climate and energy issues, which sets out a detailed road map for achieving specific energy and climate targets by 2030, as well as streamlining the renewable energy licensing process, with a target of 35% renewable energy consumption in Greece by 2030, Installed renewable energy capacity increased from 8.62 gigawatts to 25 gigawatts, and 70% of the renewable energy will be used for domestic electricity production. Of this total, photovoltaic capacity reached 7.7 gigawatts, wind capacity increased to 7 gigawatts, hydropower to 3.7 gigawatts, biomass to 300 megawatts and geothermal power to 100 megawatts. Editor/Xu Shengpeng
On November 5, 2026, Unit 1 of Qinghai Huadian Golmud Phase I Thermal Power Project, the highest altitude ultra supercritical thermal power project in China, successfully completed a 168 hour trial operation and officially entered commercial operation. The project is located in Golmud City, Haixi Prefecture, Qinghai Province, with an average altitude of about 2850 meters. It will construct two 660MW ultra supercritical indirect air-cooled condensing thermal power units. Editor/Cheng Liting
Maersk announced its third quarter financial report for 2026 on November 5th, with revenue of $18.1 billion, a year-on-year increase of 27%; The profit before interest, tax, depreciation, and amortization was $4.7 billion, and the profit before interest, tax, depreciation, and amortization was $3.3 billion, both higher than the same period last year and the second quarter of this year. Maersk stated that, against the backdrop of maintaining trade resilience and limited capacity due to congestion, the company has achieved revenue growth and significant profit growth by leveraging its strong execution capabilities in business and operations while helping customers cope with ongoing supply chain challenges. Editor/Cheng Liting