Recently, China Electric Power International and China Machinery Corporation completed the delivery of the acquisition of the Tiszafured 54MWp photovoltaic development rights project in Hungary. This is the first new energy project of China Electric Power International in the European market since its restructuring as the main overseas development platform of State Power Investment Corporation in 2019, which is of milestone significance for China Electric Power International to optimize its global business layout.

The Hungarian government attaches great importance to the development of new energy and plans to vigorously develop clean energy such as nuclear and solar energy, striving to achieve the goal of zero carbon emissions from 90% of electricity production by 2030. To achieve this goal, Hungary will vigorously increase its photovoltaic installed capacity, which is six times higher than the end of 2019.. Keywords: overseas engineering, international engineering construction, foreign engineering construction news

The Tiszafured project in Hungary is a successful overseas state-owned enterprise cooperation jointly invested by China Electric Power International, a subsidiary of State Power Investment Corporation, and China Machinery Corporation, a subsidiary of General Technology Group. This cooperation is a practical action to actively implement the the Belt and Road Initiative and implement Hungary's new energy development goals, which will help strengthen China Hungary clean energy cooperation and contribute to China Hungary relations. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen