[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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• 2025.12.17 08:53
• [Zhejiang Jiashan provides special subsidies for energy storage photovoltaic projects]
• On December 15, 2025, the Development and Reform Bureau of Jiashan County, Zhejiang Province organized the application for special funds for distributed photovoltaic county-level subsidies. The policy is clear that for photovoltaic power generation projects that are equipped with energy storage systems and subject to grid coordinated scheduling, an additional one-time energy storage capacity subsidy will be implemented. Among them, the subsidy standards for projects put into operation in 2021, 2022, and 2023 are 200 yuan, 180 yuan, and 170 yuan/kilowatt year, respectively. Projects that meet the requirements must be approved and filed, and the annual utilization hours must not be less than 600 hours. Projects that have already received subsidies from higher authorities will not be eligible for this subsidy again.Editor/Yang Meiling

• 2025.12.17 08:52
• [The first hybrid energy storage station in the country has been put into operation]
• The first large-scale lithium sodium hybrid grid type energy storage station in China, Qiubei Baochi Energy Storage Station, has been officially put into operation in Wenshan Prefecture, Yunnan Province, marking a key leap from technological research and development to engineering application of sodium ion battery energy storage in China. The total installed capacity of the station is 400000 kilowatts, with green electricity accounting for as much as 98%. It is expected to be able to regulate approximately 580 million kilowatt hours of electricity per year, equivalent to the annual electricity consumption of 270000 households. The power station can provide stable regulation support for more than 30 new energy projects such as Jinping Xifeng Electric Field and Honghuashan Photovoltaic Power Station. As of December 2025, the power station has completed 612 charging and discharging cycles, with a cumulative charging and discharging capacity of 210 million kilowatt hours, and an expected annual output value of 68 million yuan.Editor/Yang Meiling