[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 September 8, 2026, the Cangzhou Mingzhu South China Base officially started construction in Xiancun Town, Zengcheng, Guangzhou. The total investment of the project is 3.38 billion yuan, expected to be completed in September 2028. It focuses on 5 μ m high-end wet process lithium battery separators and high-end PE pipelines, deeply embedded in the energy storage supply chains of CATL and BYD. Guangzhou State owned Assets will promote the implementation of projects within six months of taking over. After production, the company's total wet diaphragm production capacity will reach 4.19 billion square meters, and the company's revenue and net profit in the first half of 2026 will increase by nearly 60% year-on-year.Editor/Cheng Liting
The 2026 project for the continued construction, supporting facilities, and modernization of the medium-sized irrigation area in the central flower sea of Shule River, Gansu Province has recently been fully launched. The total investment of the project is 241.9 million yuan, with a renovated irrigation area of 201300 acres, covering 5 townships and 1 state-owned farm in Yumen City, benefiting a population of 41400 people. This year, an investment of 93.097 million yuan will be made to promote the reconstruction of canal heads, the renovation of main and branch canals, and the upgrading of information technology, to fill the water conservancy gaps in irrigation areas, and to assist in regional agricultural water conservation and rural revitalization.Editor/Cheng Liting