[China Power Construction Iraq 750MW Solar Energy Project Approved]On May 30, 2023, the Iraqi Cabinet stated in a foreign statement that it had approved China Power Construction's photovoltaic project in the southern province of Musana, with a total installed capacity of 750MW and a total investment of 520 million US dollars. In August 2021, China Power Construction Corporation signed a cooperation agreement with the Ministry of Electricity of Iraq to develop 2GW photovoltaic power generation projects within Iraq, with the first phase investing in the development of 750MW. The Iraqi government has set a renewable energy development goal and plans to achieve a total installed capacity of 10GW of solar power generation by 2030, mainly relying on investment and development by private sector enterprises. Editor/Ma Xue
In the first quarter of 2026, the overseas expansion of China's robotics industry accelerated, with a total export value of 11.32 billion yuan for various listed robots, sold to 148 countries and regions worldwide. The export value of newly added tax number category cleaning robots was 7.75 billion yuan, accounting for 68.5% of the total export value of robots and firmly ranking as the main export force. Industrial robots exported 3.16 billion yuan in the first quarter, a year-on-year increase of 42%. The Chinese robotics industry is transforming from a single product output to a comprehensive output of technology, solutions, and services, gradually becoming a new business card for China's foreign trade.Editor/Gong Ziwei
On May 5, 2026, Hengli Heavy Industries held a naming ceremony for two 82000 deadweight ton bulk carriers, which were built by Greek shipowner Dynacom. The two sides have previously cooperated on multiple VLCC and bulk carriers. On that day, Hengli Heavy Industries also collaborated for the first time with European shipowner Beacon Tankers, signing contracts for 2+2 158000 deadweight ton Suezmax tankers. Since 2026, Hengli Heavy Industry has signed a total of 20 oil tankers of this type, which has become the main construction vessel.Editor/Gong Ziwei