[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
China has implemented 100% zero tariffs on 53 African countries with diplomatic relations, which has led to a significant increase in Nigeria's exports to China. In the first half of 2026, the bilateral trade volume between China and Nigeria reached 18 billion US dollars, a year-on-year increase of 35%. China imported 2.3 billion US dollars from Nigeria, a significant increase of 80% year-on-year. Nepal hopes to take advantage of policy opportunities to promote export diversification, develop industries such as agricultural product processing, and fill gaps in infrastructure and certification. China will assist Nigeria in upgrading its industries through investment, technology transfer, exhibition platforms, and other means, and transform trade dividends into driving forces for industrial development.Editor/Gong Ziwei
Recently, the Egyptian National Shipping Company received two 82000 ton Kamsa type bulk carriers built by China's New Hantong Shipyard, helping to modernize and upgrade the Egyptian merchant fleet. The two ships are named Nile Valley and Moon Valley, suitable for international dry bulk transportation. The ship is equipped with energy-saving engines and environmental protection systems, which comply with international maritime environmental standards. The endurance and water purification facilities are complete, and the performance is advanced. This delivery demonstrates China's shipbuilding strength and deepens cooperation in the fields of China Egypt shipping and high-end equipment manufacturing.Editor/Gong Ziwei