[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
At the beginning of 2026, several provinces have held annual water conservancy work conferences and clarified investment plans. Fujian Province plans to invest 50 billion yuan, Henan Province aims to exceed 60 billion yuan, and Shanxi Province expects to invest over 22 billion yuan. Hebei Province emphasizes that it will continue to maintain a high level of water conservancy investment.
The official proposal is that by 2026, the national water conservancy construction will maintain a large-scale and high-level trend, and the planning of each province has formed a hierarchical layout. Hubei Province plans to promote a number of major water network projects and has established a billion yuan water conservancy industry fund by 2025 to prepare for major water conservancy project investments during the 15th Five Year Plan period.Editor/Gao Xue
At the beginning of 2026, data shows that China Power Construction and China Energy Construction will achieve significant growth in their wind power business by 2025. The newly signed contracts for wind power by China Power Construction increased by 54.67% year-on-year, reaching 182.874 billion yuan, while the solar energy business decreased by 33.36% during the same period. The signing amount of China Energy Construction's new energy business reached 592.578 billion yuan, a year-on-year increase of 6.70%.
Wind power has become a key investment focus due to its better grid adaptability, and energy storage business is growing synchronously. The two companies have achieved significant results in expanding their overseas markets, with overseas contract amounts increasing by 27.84% and 9.05% respectively, and have obtained multiple billion dollar new energy projects in countries such as Saudi Arabia.Editor/Gao Xue