[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
Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua
On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua