[Russia approves gas supply agreement with Cosco East Route]It is reported that the Russian State Duma passed a bill on the approval of Russia and Cosco East route gas supply cooperation agreement. According to earlier news, Russia and China plan to build a pipeline from Dalinelechensk in Russia to Hulin in China across the Ussuri River under the Far East Pipeline cooperation project. In early February 2022, Gazprom and petrochina signed a long-term contract on the annual export of 10 billion cubic meters of natural gas to China via the Far East Route. After the project is implemented, the total supply of natural gas from Russia to China will reach 48 billion cubic meters. Russian Prime Minister Mikhail Mishustin said earlier that the implementation of the Russia-China cooperation agreement on gas supply from Russia to China via the Far East Route is beneficial to both countries and will further promote the development of Russia's Far East region. Editor/Xu Shengpeng
On May 25, 2026, CGN announced the candidates for the EPC general contracting of two mountain wind power projects in Lingyun, Guangxi. The total installed capacity of this project is 212.5MW, and a 6.25MW large model is uniformly used, which belongs to the Guixi Mountain Wind Power Project with high construction difficulty. Gezhouba Third Company ranked first with a quotation of 244.5 million yuan, followed closely by two energy construction companies. The total quotation difference among the top three companies was only about 13 million yuan, and the market competition was extremely fierce. The unit cost of this project is relatively low, and the industry believes that mountainous construction experience and local coordination ability will become the core winning factors in the final bid.Editor/Gong Ziwei
Recently, Guotou (Jinsha) Electric Power Co., Ltd. officially landed with a registered capital of 200 million yuan, fully owned by Guotou Electric Power. The enterprise's business covers areas such as wind power, photovoltaics, energy storage, carbon reduction, CCUS, and power transmission and distribution, achieving a full chain layout of source, grid, load, and storage of carbon. As of the end of the third quarter of 2025, the installed capacity of Guotou Electric Power Holdings has steadily increased, forming a comprehensive energy platform development pattern. On May 24, 2026, Guotou Yalong River Company's new energy daily power generation exceeded 20 million kilowatt hours for the first time, breaking the historical record and confirming the significant effectiveness of the multi energy complementary development model of China's first water wind solar integrated base.Editor/Gong Ziwei