[Chinese enterprises to build! Construction starts on Kimba Road in Cambodia] On the morning of June 7, 2023, the construction ceremony of the highway project from Phnom Penh to Pakuah City in the province of Sah Rieng was held in Kandan Province, Cambodia, attended by nearly 7,000 Cambodian people. The Jinba Expressway is invested and constructed by China Road and Bridge Engineering Co., LTD. The main highway project is 135.1 km long, two-way four lanes, and the design speed is 100 km/h. The construction period of the Gimba Expressway project is four years, and after completion, it will be operated by China Road and Bridge for 50 years before being handed over to Cambodia. During the construction period of the Jimba Expressway project, it is expected to directly employ more than 5,000 Cambodian local employees and create nearly 10,000 local jobs. Editor/Xue Ma
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  • 2026.01.05 10:41
  • [Hubei establishes an independent energy storage capacity compensation mechanism]
  • On January 4, 2026, the Development and Reform Commission and Energy Bureau of Hubei Province issued a notice clarifying the establishment of a new energy storage pricing mechanism from February 1, 2026. Establish a capacity compensation mechanism for independent energy storage projects on the grid side, with a standard of 165 yuan per kilowatt per year, and the compensation cost is shared by industrial and commercial users. Projects eligible for capacity compensation must be included in the regularly published list and are not allowed to lease capacity. This mechanism is tentatively scheduled to be implemented for one year to promote the healthy development of the new energy storage industry.Editor/Yang Meiling
  • 2026.01.05 10:41
  • [Inner Mongolia launches preliminary selection of energy storage projects for 2026]
  • On January 4th, Wengniute Banner in Chifeng, Inner Mongolia released the preliminary registration announcement for the 2026 Autonomous Region Independent New Energy Storage List project. The planned construction scale of the project is 300000 kilowatts/1.2 million kilowatt hours, and it is recommended to connect to the Zicheng 500 kV substation. The promotion of this independent energy storage power station will assist in the construction of regional energy storage infrastructure and the optimization of energy structure.Editor/Yang Meiling
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