[Nord Group plans to build an energy power station in Huangshi, Hubei]On September 20, 2023, Nord Shengshi, a subsidiary of Nord Group, plans to sign a "Project Investment Contract" with Huangshi Economic and Technological Development Zone in Hubei Province to invest in the construction of the Nord Solar Energy Storage Power Station Zero Carbon Smart Industrial Park project, with a total planned fixed asset investment of 5.2 billion yuan. The project plans to build a 500MW distributed photovoltaic power station project, a 1500MWh industrial and commercial energy storage power station project, as well as facilities such as distribution networks and charging stations in the Huangshi Economic and Technological Development Zone. After the project is fully completed and put into operation, it can provide about 580 million kWh of clean energy green electricity annually, save 170000 tons of standard coal annually, and reduce carbon dioxide emissions by about 50000 tons annually. The first phase of the industrial park is planned to be completed and put into operation in June 2024, while the second and third phases of the project are planned to be completed and put into operation in April 2026. Editor/Zhao E
On October 23, 2026, the second phase of Wanhua Laizhou Green Power Industrial Park officially started construction, and the Laizhou base entered a new stage of first phase production sprint and second phase co construction simultaneously. As a major project in Shandong Province, the industrial park covers an area of 557 acres, with a planned 650000 tons/year battery grade lithium iron phosphate plant, relying on the integrated wind solar energy storage green power system to achieve coupling of the green power industry. At present, Wanhua Lithium Iron Phosphate has achieved mass production and import of its fourth generation products, and its fifth generation products have been recognized by top customers, continuously improving the layout of the entire battery material chain. Editor/Cheng Liting
The 1.2 million tons/year ethylene plant of Shanghai Petrochemical officially started construction on October 25, 2026. As a major project in Shanghai, the total investment of the project is about 21.3 billion yuan, and it is expected to be completed by the end of October 2028. The new facility adopts Sinopec's independent intellectual property low-energy ethylene separation technology. After it is put into operation, the existing 700000 tons/year ethylene plant will be shut down, and the annual ethylene production capacity will jump to 1.2 million tons. It can provide nearly 3 million tons of high-end chemical raw materials for downstream and help promote Shanghai's new industrialization and north-south transformation. Editor/Cheng Liting