[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
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  • 2026.11.06 16:21
  • [The highest altitude ultra supercritical thermal power project in China]
  • 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
  • 2026.11.06 16:21
  • [Maersk's third quarter profit improvement]
  • 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
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