Kenya seeks $5 billion in funding to build oil pipeline--Seetao

[Kenya seeks $5 billion in funding to build oil pipeline] <p>Kenyan Secretary of the Mining and Petroleum Cabinet, John Muñez, revealed that the country is seeking US$5 billion in funding to develop and expand fuel facilities from the Rocky Char Basin in northwest Kenya to coastal areas through public-private partnerships. The funds will be used to fund pipeline construction, central processing, storage facilities, and refinery facilities upgrades in Lamu and Mombasa. Editor/Huang Lijun<b label="见道logo" style="background-image: url("https://oss.seetao.com/upload/image/20240122/1022a171b1bf1b200ae8558fd16fd262.svg"); display: inline-block; vertical-align: middle; background-repeat: no-repeat; transform: scale(0.7); margin-top: 0.05rem; width: 20px; height: 25px;"></b></p>

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2025.12.26 09:50
[Hubei Luotian Independent Energy Storage Power Station EPC Project Bidding]
On December 24, 2025, Baofeng (Luotian County) Energy Storage Technology Co., Ltd. officially tendered and launched the EPC (Design, Procurement, Construction) general contracting work for the Baofeng Luotian 200MW/400MWh independent energy storage power station project. The project is located in Luotian County, Huanggang City, Hubei Province, with a planned construction land of approximately 40 acres (26680 square meters). The project will construct a 200MW/400MWh lithium iron phosphate electrochemical energy storage system, and simultaneously build a new 220kV boosting station, install 2 main transformers with a capacity of 120MVA, and ultimately connect to the existing 220kV Bodaofeng substation in the local area through 2 220kV lines. The total investment of the project is approximately 540 million yuan, with a unit cost of approximately 1.35 yuan/Wh. The project funds will be self raised by the enterprise.Editor/Yang Meiling

2025.12.26 09:50
[China's 2025 Catalogue of Encouragement for Foreign Investment Released]
On December 24, 2025, the National Development and Reform Commission of China officially released the "Catalogue of Industries Encouraged for Foreign Investment (2025 Edition)". In the new version of the directory, the operation of independent energy storage power stations, the integration of source, network, load, and storage, the construction of multi energy complementary projects, the operation of virtual power plants, and related technology research and development are clearly included in the encouraged scope. In addition, in the encouraged directory of Jiangxi Province, the investment orientation for the research and development, manufacturing, and engineering installation of distributed energy storage equipment is particularly highlighted. The adjustment of this policy demonstrates China's further expansion of opening-up in the field of energy transformation, actively guiding foreign investment towards key industries such as new energy storage.Editor/Yang Meiling