[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 11, 2026, the World Bank raised its forecast for Oman's economic growth in 2026 to 3.1%. On the same day, the MSX 30 index of the Muscat Stock Exchange closed up 19.9 points to 7852.11 points, an increase of 0.25%, with a total trading volume of 65.49 million riyals and a market value of approximately 39.92 billion riyals. Against the backdrop of escalating regional tensions, the Omani economy has shown some resilience, with previous World Bank data showing a year-on-year GDP growth of 5.1% in the second quarter. Editor/Cheng Liting
The first offshore wind power project started by China National Energy Corporation during the 15th Five Year Plan period in Jiangsu Province - the first batch of units of China National Energy Corporation Longyuan Power Sheyang 1 million offshore wind power project Phase I were connected to the grid for power generation on the 9th. The project is designed to install 35 8.5 MW wind turbines with a total installed capacity of 297.5 MW. After completion and operation, the expected annual power generation is 3.1 billion kilowatt hours. Editor/Cheng Liting