[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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• 2026.05.15 11:59
• [China and Kazakhstan sign potato processing cooperation project]
• Pavlodar Oblast of Kazakhstan signed a memorandum of cooperation with Xuechuan Agriculture of China to implement a large-scale potato processing project. The project plans to build a modern agricultural and industrial park, with an annual processing capacity of 100000 to 200000 tons of potatoes, covering planting, research and development, processing, and supporting facilities, with a total investment of 100-200 million US dollars. Xuechuan Agriculture has strong capabilities, and this cooperation will make up for the shortcomings in local agricultural deep processing, create employment opportunities, and both parties have expressed their long-term willingness to cooperate and provide support.Editor/Gong Ziwei

• 2026.05.15 11:53
• [Sinopec achieves breakthrough in exploration of ultra deep shale gas fields]
• On May 13, 2026, Sinopec Deep Ground Engineering achieved a new breakthrough in the Sichuan Chongqing Natural Gas Base, with the proven geological reserves of the Ziyang Dongfeng shale gas field in Sichuan reaching 235.687 billion cubic meters, marking the birth of China's ultra deep shale gas field with a capacity of billions of cubic meters. The gas field is buried over 4500 meters deep, and the research team has overcome multiple technical challenges, achieving a strategic leap from deep to ultra deep shale gas in China, which is of great significance for strengthening national energy security.Editor/Gong Ziwei