[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
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  • 2026.01.30 16:55
  • [Liaoyuan will welcome its first high-speed railway]
  • On January 29, 2026, Jilin Province announced that the route and station location of the Liaoyuan section of the Changsi Liaotong high-speed railway have been determined. The project is designed with a speed of 350 kilometers per hour and a total length of approximately 334 kilometers, which will end the history of Liaoyuan not being connected to high-speed railways. The Provincial Development and Reform Commission stated that it is making every effort to promote the approval of pre feasibility studies and ensure their completion and opening to traffic by the end of the 15th Five Year Plan period. At that time, the travel time from Changchun to Liaoyuan will be shortened to about 45 minutes, and it will help Jilin achieve the goal of "connecting cities with high-speed rail".Editor/Gao Xue
  • 2026.01.30 16:52
  • [Zhiguang Electric's profit forecast increases]
  • At the beginning of the 15th Five Year Plan in 2026, State Grid and Southern Power Grid launched a nearly 5 trillion yuan investment plan, with energy storage becoming a key development focus. Zhiguang Electric announced on the evening of January 27th that it expects a net profit attributable to the parent company of 110 million to 160 million yuan in 2025, a year-on-year increase of 133.69% to 149.01%, achieving a turnaround from losses to profits, mainly due to the rapid development of energy storage business and significant growth in orders and revenue. The company's cascaded high-voltage energy storage system is adapted to the three major upgrade areas of the power grid and has been successfully implemented in energy storage projects in Inner Mongolia, Gansu and other places. It is expected to further grow in the new round of power grid construction.Editor/Gao Xue
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