[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
Relying on the cooperation of the China Laos Corridor, Laos is accelerating the development of wind and solar new energy. The 72 MW photovoltaic project in Wanxiang Saiseta Development Zone has started construction with a total investment of 320 million yuan and received 121 million yuan in overseas loan support. China General Nuclear Power Laos million kilowatt photovoltaic base is under construction, and electricity can be sent to Yunnan. The institution predicts that by 2035, the installed capacity of wind and solar power in Laos will reach 9.8GW. The local government will focus on energy transformation, build a regional energy hub, and deepen the interconnection of electricity between China and Laos.Editor/Gong Ziwei
Vietnam has issued the latest directive to strengthen local responsibilities and promote the implementation of household rooftop photovoltaics. Require all provinces and cities to introduce incentive plans by the end of December 2026, with the Ministry of Industry and Trade setting installation targets and local governments independently developing subsidy mechanisms. The policy is synchronized with the development of energy storage, and the proportion of surplus electricity connected to the grid has been increased to 50%. The current installed capacity of rooftop photovoltaics in Vietnam exceeds 11.45GW, and there is a lack of supporting documents in many places. The new policy aims to alleviate the electricity shortage and ensure power supply.Editor/Gong Ziwei