[Winning the bid for the urban renewal project in Yuhuan City, Zhejiang Province] On June 2, 2023, the Zhejiang Government Procurement Network released a bidding and winning announcement for the Yuhuan City Organic Renewal Central Business District Project. The project was won by a consortium of 8 units, including China Railway Construction Investment Group and China Railway Construction Investment Fund Management Co., Ltd., with a total investment of 7.438 billion yuan. The project covers an area of approximately 882.01 hectares, ranging from Jingba Road in the east to Waihuan West Road in the west, Wei Er Road in the north, Guangling South Road to Chezhan South Road to Liudao Avenue in the south, as well as the Yuhuan City Quality Improvement Base and Urban Balcony Block. The cooperation content includes: overall planning and services for project development; Investment in the development and consolidation of project land; Investment and construction of infrastructure and public service facilities; Investment and construction of resettlement housing; Smart city construction and urban operation, etc. The actual cooperation content of this project is subject to the preliminary design documents reviewed or filed for each sub project. The cooperation period of this project is 15 years, including a construction period of 5 years and an operation period of 10 years. Editor/Zhao E

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• 2026.06.05 15:25
• [The main project of Hubei Songzi Pumped Storage Power Station has started construction]
• Recently, the main project of Hubei Songzi Pumped Storage Power Station, which China Energy Engineering Gezhouba Group participated in, started construction. The power station is located in Songzi City, Jingzhou, with a total installed capacity of 1200 megawatts, and belongs to the first-class large (1) type project. Gezhouba Group undertakes the construction of the upper reservoir and the installation of metal structures, with a contract amount of 712 million yuan and a construction period of 48.5 months. After the completion of the power station, it will undertake tasks such as peak shaving, valley filling, energy storage, and frequency regulation, which is of great significance for ensuring the safety of the power grid and supporting the consumption of new energy.Editor/Cheng Liting

• 2026.06.05 15:24
• [Guangzhou Eastern Central Energy Storage Power Station starts construction]
• On June 1, 2026, the Guangzhou Eastern Center Intelligent Fusion New Energy Storage Industry Demonstration Project invested and constructed by Zengtou Energy Company, a subsidiary of Zengcheng Urban Investment Group, officially started construction. The total investment of the project is nearly 467 million yuan, and a new 150MW/300MWh electrochemical independent energy storage power station will be built. It will adopt lithium iron phosphate battery technology and be connected to the power grid at 110kV, with the functions of peak shaving, frequency regulation, and promoting the consumption of new energy. The project is supported by a comprehensive operation and maintenance building, an electrical building, and auxiliary facilities such as fire protection, and is promoted through an integrated construction and operation model.Editor/Cheng Liting