[Pinggao Group won the bid for a 5 * 10 MW photovoltaic project in South Africa] Recently, the China South New Energy Investment and Cooperation Conference was successfully held at Johannesburg Thornton International Convention Center, and Pinggao Group was invited to participate as an important guest. Prior to the meeting, Pinggao International Engineering won the bid for the South African 5 * 10 MW photovoltaic power plant project jointly developed by five investment and development companies, including the local Neogos Energy Company in South Africa, with a winning amount of approximately 200 million yuan. The scope of work for this project includes the survey, design, procurement, construction, commissioning, etc. of the photovoltaic plant area, 5km transmission line, 11kV connection, and 132kV interval expansion. The completion of the project will provide assistance for South Africa to alleviate the power crisis, inject new impetus into practical cooperation between China and South Africa, and is of great significance for promoting local economic and social development. Editor/Ma Xue

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• 2026.03.10 11:51
• [CPCC Energy and Power signed new contracts worth nearly 60 billion yuan]
• China Power Construction Corporation recently released an announcement on its main business operations for January 2026. According to the data, the company signed a total of 661 new projects in January 2026, with a total contract amount of 89.436 billion yuan. Among them, the energy and power business sector has performed outstandingly, with 428 newly signed projects and a total of 59.324 billion yuan in newly signed contracts. According to the announcement, the scope of energy and power business is extensive, covering hydropower, wind power, solar power generation, thermal power, new energy storage, nuclear power, power grid, as well as various types such as hydrogen energy, geothermal energy, ocean energy, biomass energy, etc.Editor/Yang Meiling

• 2026.03.10 11:50
• [Qinghai introduces new policies to support independent bidding for solar thermal projects]
• In order to promote the large-scale development of solar thermal power generation, the People's Government of Qinghai Province recently issued the "Several Measures for Promoting the Scale Development of Solar Thermal Power Generation in Qinghai Province". The document proposes to support incremental independent solar thermal projects included in the development and construction plan to independently conduct mechanism electricity price bidding one year before the prescribed completion deadline. The policy will comprehensively consider factors such as the comprehensive income of enterprises and the value of green electricity to set a reasonable upper limit for bidding, and set a lower limit for bidding based on the principle of not being lower than the project cost, with a starting lower limit of 0.55 yuan/kWh. The lower limit will moderately decrease year by year, with the goal of achieving comparable prices to coal-fired power by 2030.Editor/Yang Meiling