[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
The Zhejiang Electric Power Trading Center has issued an information disclosure reminder stating that virtual power plants (including load aggregators and distributed new energy aggregators) will continue to meet registration requirements for the year 2026. According to the requirements, registered virtual power plants must publicly disclose proof of continuous compliance with registration conditions, including assets, personnel, business premises, and technical support systems, through the electricity trading platform before the end of March each year. This regulation is implemented in accordance with the Basic Rules for Electricity Market Registration and the Management Measures for Electricity Sales Companies, in order to strengthen the compliance management of market entities.Editor/Yang Meiling
The EPC project of 200MW/800MWh energy storage power station in Baixiang County, Xingtai City recently announced the winning bid results. China Power Construction Group Kunming Survey and Design Institute Co., Ltd. successfully won the bid with 660 million yuan. The project is located in Beijiang Village, Guchengdian Town, Baixiang County. The construction includes an energy storage system, a 220kV substation, and transmission lines, with a planned construction period of 120 calendar days.Editor/Yang Meiling