[CNCEC signed a strategic agreement with Sonangol in Angola]On June 6, 2023, CNCEC General Manager Wen Gang held talks with Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Natural Gas of Angola, at the group headquarters. The two sides had in-depth exchanges on promoting practical cooperation on key projects, and jointly witnessed the signing of a strategic cooperation agreement and a memorandum of project cooperation between CNCEC and Angolan National Oil Company. The two sides will build the Lobito Refinery in Benguela and strengthen in-depth cooperation in petrochemical, natural gas and chemical industries. Editor/Xue Ma
In March 2026, the CNNC Xinao Yumen solar thermal energy storage+photovoltaic+wind power project will be fully connected to the grid, with a total installed capacity of 700000 kilowatts and an annual power generation of 1.75 billion kilowatt hours. Yumen has formed a multi energy complementary system of wind, solar, water, fire, hydrogen storage, and has built the world's first 300 megawatt compressed air energy storage power station.Editor/Gao Xue