[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 core equipment of the Yangshan Island offshore converter station in Yangjiang set sail from Nantong, Jiangsu, heading towards the Yangjiang sea area in Guangdong. The world's first new type of converter valve with energy self balancing function has officially entered the offshore installation stage. This equipment is developed by Changzhou Borui Electric Power and will be applied to the world's largest offshore wind power direct current transmission project. The project is scheduled to be put into operation in October 2025 and can provide approximately 6 billion kilowatt hours of clean electricity to the Guangdong Hong Kong Macao Greater Bay Area annually, significantly reducing regional carbon emissions. Yes, it is equivalent to saving 1.74 million tons of standard coal and reducing carbon dioxide emissions by approximately 4.62 million tons. Editor/Cheng Liting
Recently, with the commissioning of the Huaneng Dezhou Xiaomiao Zhuang 30000 kW wind power project, the total installed capacity of wind and photovoltaic power in Shandong has reached 130.56 million kW, accounting for 50.18% of the province's total installed capacity of electricity, achieving a historic achievement of more than half of the installed capacity of wind and solar power. As a major industrial and energy consuming province, Shandong has previously achieved a new energy installed capacity surpassing coal-fired power. The proportion of wind and solar installed capacity has exceeded 50%, marking the continuous deepening of the local green and low-carbon transformation, which will inject solid green power support into industrial green upgrading. Editor/Cheng Liting