[South Africa: Install 18GW of renewable energy generation projects by 2030]South Africa is one of the best places in the world to develop photovoltaic projects due to its abundant photovoltaic power resources. The country has set a target of installing 18GW of renewable energy generation facilities by 2030, and photovoltaic systems are expected to make up a large part of that target. The South African Government's Renewable Energy Independent Generator Procurement Program (REIPPP) has been successful in attracting investment and supporting the development of photovoltaic projects in the country. The Renewable Energy Independent Generator Procurement Program (REIPPP) launched its sixth bid window in April 2022. The goal is to add 2,600MW of renewable energy to South Africa's energy mix. Meanwhile, South Africa's national energy regulator NERSA approved the establishment of 15 independent power generators in May 2022 and June 2022. Editor/Xu Shengpeng
The first ultra-high voltage project in Shanghai during the 15th Five Year Plan period, the main transformer expansion project of Liantang 1000 kV substation, has recently started construction. As the core hub for East China Power's entry into Shanghai, the project has a total investment of 350 million yuan and is planned to be put into operation in June 2027. It will add 3 million kVA main transformers and increase Shanghai's external power receiving capacity by 50%. This expansion will be connected with the Mongolian Electric Power's Shanghai Ultra High Voltage Direct Current Project, which is expected to introduce 40 billion kilowatt hours of clean electricity from Inner Mongolia annually, with green electricity accounting for over 50%.Editor/Cheng Liting
Uzbekistan's President Mirziyoyev signed a decree officially establishing the Tashkent International Financial Center and the International Commercial Court. The center covers the entire financial chain including banking, investment, securities, digital assets, and Islamic green finance, and is subject to special legal systems. The central management agency has the authority to issue normative documents in multiple fields and directly apply the principles of English common law and equity in the Ukrainian legal system for the first time. The commercial court has two levels of first instance and appeal, providing new legal protection for international capital.Editor/Cheng Liting