[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
On October 17, 2026, Türkiye's first floating natural gas production unit, Osman Gazi FPU, set sail from the Port of Felios in the Black Sea to Sakarya gas field. After the platform is put into operation, the daily output of local natural gas will double from 9.5 million cubic meters to 20 million cubic meters. When commercial production is realized in early 2027, it can cover one third of the domestic gas consumption in the country, contributing about 3.5 billion dollars to Türkiye's economy every year. Editor/Cheng Liting
On October 19, 2026, the latest data from the National Bureau of Statistics showed that in September, the output of 271 out of 626 products in industries above designated size increased year-on-year. Among them, there were 1.87 million new energy vehicles, an increase of 16.9%. Editor/Cheng Liting