[South Africa plans to add 8GW a year to the grid]On June 2, 2023, South Africa's current rollout of solar and wind power to increase the share of solar and wind in the country's energy mix from 7% to 40% by 2030 is the fastest way out of the electricity crisis, according to the South African Presidency's Climate Commission (PCC). It is also the cheapest option to build the energy sector South Africa needs to stick to its global climate commitments. The PCC, which was set up by President Cyril Ramaphosa in 2020 to advise on issues such as a just energy transition, released a set of recommendations on electricity planning in South Africa on June 1. The PCC said South Africa aimed to solve its power crisis by integrating at least 8GW of wind and solar power into the grid annually over the next two to four years. About 2.5GW of new renewable energy projects are now registered with South Africa's national energy regulator. Experience shows that this target is achievable in the first three months of 2023. Ultimately, South Africa will need to add 50 to 60Gw of renewable energy by 2030. Steve Nicholls, head of mitigation issues at the PCC and climate change adviser at the National Business Initiative, said this would take the share of renewables in South Africa's energy mix to about 40 per cent. According to the Council for Scientific and Industrial Research, coal-fired power will account for around 80% of electricity generation by 2022, with renewables (excluding hydropower) accounting for 7%. Editor/Xu Shengpeng
Recently, China Chemical Fifth Ring Engineering Co., Ltd. successfully signed an EPC general contracting project for a 300000 ton annual polypropylene project in Indonesia. The project is located in Indramayu County, West Java Province, Indonesia, and the partner is Politama Company, a well-known local petrochemical enterprise in Indonesia. After the completion of the project, the cooperative enterprise will form a dual production line operation mode, significantly improving the local high-end polypropylene production capacity, filling the gaps in the petrochemical industry chain, and optimizing the overall structure of Indonesia's chemical industry. This cooperation is a new achievement of practical cooperation along the the Belt and Road. In the future, China will promote project construction with high standards and continue to cultivate overseas markets.Editor/Li Xiaohua
Bangladesh plans to take advantage of the Prime Minister's visit to China to seek Chinese financing for nearly 20 transportation infrastructure projects, covering multiple fields such as bridges, railways, and subways. The focus of this project is on promoting the construction of nine bridges, including the second Padma Bridge, and the relevant feasibility studies have been completed. At the same time, we plan to restart multiple stalled double track railway renovation projects, purchase railway locomotives and vehicles, and build maintenance bases. In addition, Bangladesh plans a total length of 238 kilometers for the Dhaka Metro network, with an initial investment of approximately 340 billion taka in four lines. Chinese companies will participate deeply in Bangladesh's infrastructure construction for a long time, and the new round of planning will deepen cooperation between the two sides.Editor/Li Xiaohua