Overseas

17:22 2022.11.25

China Energy Construction Group won the bid for Türkiye project

Recently, China Energy Construction Group won the bid for the front area project of the Hunutru coal-fired power plant in Türkiye. This is another market project in Türkiye signed by the company after winning the bid of Türkiye Modern Paper PM6 Paperboard Plant, Türkiye Hunutru PV Power Plant and Türkiye Hunutru Power Plant Maintenance and Operation Project this year, which has become a model of high-quality performance of the project to extend market development. Editor/Xing Wentao

17:22 2022.11.25

China Road and Bridge Corporation Signed Indonesian Highway Project

Recently, CRBC signed a consortium implementation agreement with Indonesian state-owned enterprises WIKA and PP on Section 1B of the Semarang Demark Toll Road Project (Section 1B of the Semarang Project), and the tripartite cooperation entered a substantive stage. Chen Chong, Deputy General Manager of CCCC Group, and Wang Lijun, General Manager of CRBC attended the signing ceremony. The three contracting parties all said that through sincere cooperation, the project will be built into another landmark project benefiting the people's livelihood, adding luster to China Indonesia bilateral cooperation. Section 1B of Semarang Project is located in Semarang City, Central Java Province, Indonesia, with a total length of 6.73km. It is a national key strategic project in Indonesia and the first seawall highway in Indonesia. After the completion of the project, it will be of great significance to improve the expressway network of Java Island, improve the logistics efficiency, improve the living environment of local people and promote the development of local economy. Editor/Xing Wentao

17:21 2022.11.25

MCC International Signed Indonesia Ferronickel Smelting Project

On November 18, 2022, MCC International and PT Indonesia ISN held a contract signing ceremony for Indonesia RKEF ferronickel smelting project in Jakarta, the capital, marking that the project has officially entered the implementation stage. The project is located in North Konawe District, Sulawesi Province, and plans to build a nickel industrial park with the whole industrial chain. The project owner spoke highly of the technical advantages and successful experience of MCC in the nickel smelting construction industry. The industry prospect, technical development, overall planning and professional opinions provided by MCC at the initial stage of the project played an important role in the investment decisions of the owner's board of directors. With the cooperation of this ferronickel smelting project, the two sides will lay a solid foundation for in-depth cooperation in technical training, production, operation and maintenance, product underwriting, HPAL hydrometallurgy and other aspects, which is a key step in expanding the ferronickel smelting industry. Editor/Xing Wentao

17:21 2022.11.25

ChemChina won the bid for Qatar Natural Gas Project

Recently, the 11th Construction Co., Ltd. of China Chemical Engineering, affiliated to China National Chemical Corporation, signed the EPC-3 project for the eastern expansion of the northern gas field of Qatar Natural Gas Corporation with Spanish TR, with a contract amount of about 1.7 billion yuan. This project is the first project of a Chinese enterprise in the Rasrafan Industrial City, Qatar. Editor/Xing Wentao

17:21 2022.11.25

Atlas Renewable Energy Launches 300 MW Solar Energy Project in Mexico

Atlas Renewable Energy has launched a 300 MW solar power plant in Campeche, Mexico. The $340 million La Pimienta solar project will sell electricity to the Federal Power Commission of the Mexican State Power Company under a 15 year power purchase agreement. Editor/Xing Wentao

17:20 2022.11.25

President Mirziyoyev of Uzbekistan Holds Talks with President Makron of France

President Mirziyoyev of Uzbekistan and President Makron of France held talks at the Elysee Palace in Paris on November 22, 2022. The two sides discussed in detail the issue of further strengthening mutually beneficial cooperation between the two countries and reached agreement on the high-level development of the comprehensive partnership. The two heads of state noted with satisfaction that on the occasion of the 30th anniversary of the establishment of diplomatic relations between the two countries, bilateral relations have flourished, political dialogue has been deepened, mutual support has been provided in international organizations, and inter parliamentary dialogue has been promoted. In recent years, the number of cooperative projects and joint ventures involving French enterprises has tripled. At present, Uzbekistan is actively carrying out cooperation projects of more than 5 billion euros. Editor/Xing Wentao

17:19 2022.11.25

ACWA Power will develop 575 MW power generation facility with Pertamina NRE

ACWA Power is a leading developer, investor and operator of global power generation, seawater desalination and green hydrogen plants in Saudi Arabia. It has signed a joint development agreement with PERTAMINA New&Renewable Energy to develop core utilities for Tuban grass root refinery and petrochemical projects. Editor/Xing Wentao

17:18 2022.11.25

Shell and Alternative will develop 5GW offshore project in the Philippines

Shell has cooperated with Alternative, a British renewable energy company, to develop offshore wind power projects in the Philippines. The partnership will be conducted through the department of Alternative, Pililla AVPC. Vince Perez, Chairman of Alternergy, said that the partnership planned to develop an offshore wind power project with a potential capacity of 5GW in Calavite Passage. The company will also develop 1GW of offshore wind capacity in the northwest corner of Mindoro Island. Editor/Xing Wentao

17:18 2022.11.25

SABIC plans to build a petrochemical plant

SABIC is planning to build a plant to convert crude oil into petrochemicals to take advantage of growing demand. In a statement to the Tadawul Stock Exchange, the company said that the crude oil to chemicals complex in Ras Al Khair, eastern Saudi Arabia, is expected to convert 400000 barrels of oil into chemicals every day. Editor/Xing Wentao

17:18 2022.11.25

UAE enacts laws to regulate renewable energy production

The United Arab Emirates has announced a federal law regulating the connection of distributed renewable energy devices to the country's power grid, as it seeks to increase the share of clean energy in its overall power structure. The Ministry of Energy and Infrastructure said on Monday that the law aims to reduce the carbon footprint and reduce the power demand during the peak hours of the distribution network. Distributed generation refers to technologies that generate electricity in or near the place where they will be used, such as solar panels and fuel cells. It can serve a single structure, such as a home or enterprise, or it can be part of a micro grid. Editor/Xing Wentao

15:41 2022.11.25

Eurasian Development Bank to establish Central Asia hydropower complex

The EBRD plans to build the Central Asia Hydropower Complex with Kazakhstan, Kyrgyzstan, Tajikistan and Russia, which is expected to boost regional GDP by 1.5% a year, increase water supply by 40% and attract investment of $22 billion. The project is also one of the three major projects in the EADB's development strategy through 2026. Editor/Xu Shengpeng

15:41 2022.11.25

Argentina will turn Patagonia into a green hydrogen production center

Argentine Economy Minister Felipe Massa said recently that the Argentine government will submit to the National Assembly a "bill on the development of hydrogen energy" and create up to 30 years of tax incentives for the development of hydrogen energy, modeled on the "Mining Investment Bill", in order to keep the industry attractive for investment. With many countries around the world seeking major players in renewable energy, wind power in South America could be a major development in the coming years. Editor/Xu Shengpeng

17:15 2022.11.24

President of Mozambique Niuxi unveils the US $8 billion Coral South FLNG project

Eni said that Mozambican President Felipe Hasintoh Niuxi had launched the Coral South Floating LNG Project worth 8 billion US dollars in the ultra deep waters of the Ruvuma Basin in the East African country. Other government dignitaries and company officials attended the inauguration ceremony, following the first LNG shipment earlier this month. The Coral South FLNG project operated by Eni is located in Zone 4. Eni cooperates with ExxonMobil, Kogas, PetroChina, Galp and Empresa Nacional de Hidrocarbonetos in offshore areas near the coast of Cabo Delgado Province. Editor/Xing Wentao

17:15 2022.11.24

Phase I grid connection of Cambodia 60MW national photovoltaic project

On November 20, the first phase 60 MW project of Cambodia National PV Park was completed and connected to the Cambodian national grid, which reached the capacity of public projects in Southeast Asia. At the same time, the grid connected project also achieved a record level of electricity price (US $0.039 per kWh). The project will be subject to bidding in 2019, and the development authority will be granted to Prime Road Alternative, a developer of renewable energy projects. Editor/Xing Wentao

17:14 2022.11.24

Austria will add 1.2 GW of new solar energy in 2022

Austria may become a gigawatt market for the first time in 2022. Its cumulative installed solar capacity may reach 4 GW, higher than 2.78 GW at the end of 2021. It is estimated that by 2030, more than 1 GW of solar energy will be installed in the country every year. Editor/Xing Wentao

17:14 2022.11.24

Sun Cable will establishinter island power grid connection project for Indonesia

Sun Cable, a renewable energy developer, will work with Indonesia to formulate inter island grid connection policies and technical plans, so that the government can maximize the growth of green industries in a country composed of more than 17500 islands. The cooperation was officially confirmed at the G-20 Summit held in Bali. David Griffin, CEO of Sun Cable, signed a memorandum of understanding with the Ministry of Energy and Mineral Resources of Indonesia. The agreement will see them push ahead with their technical plan for grid connection in the Islands. The transaction between Sun Cable and ESDM will include studying key potential areas of renewable power generation, defining available resources, identifying key energy intensive locations and industries, and then developing plans to unlock these opportunities. Editor/Xing Wentao

17:14 2022.11.24

Brazil reached the milestone of 22 GW

The installed capacity of solar energy in Brazil has exceeded 22 GW, according to the data cited by the Brazilian Photovoltaic Solar Association from Ag ê ncia Nacional de Energia El é trica. The utility scale sector also set a new record, reaching 7017 megawatts. The country's distributed generation sector currently has an installed capacity of 14986 megawatts. Editor/Xing Wentao

17:13 2022.11.24

Mozambique Launches Bidding for 60 MW Solar Energy

The Mozambique Energy Regulatory Authority (ARENE) launched a tender to select independent power producers to develop, build, operate and maintain two 30 MW solar power plants. It will select developers to build projects in Manje, Tete Province and Chimbunila, Nyasa Province. The Bidder may apply to develop one or two of the projects. Interested developers must submit their bids by January 17, 2023, and provide prequalification requirements to interested parties upon request. Editor/Xing Wentao

17:13 2022.11.24

Equinor submitted PDO's $1.5 billion Irpa natural gas project in Norwegian Sea

Equinor has submitted the development and operation plan of the $1.46 billion Irpa natural gas project in the Norwegian Sea to Terje Aasland, the Norwegian Minister of Oil and Energy. Irpa gas discovery in V ø ring basin was formerly called Asterix, with the goal of putting into production in the fourth quarter of 2026. Editor/Xing Wentao

17:13 2022.11.24

Indian Steel Company JNSP to Build Coal fired Power Plant Project in Botswana

Jindal Steel&Power, an Indian steel company, has been selected as the first bidder to build a 300MW coal-fired power plant in Botswana. This facility is the only fossil fuel based power plant that Botswana plans to purchase in the next 20 years. Editor/Xing Wentao

17:12 2022.11.24

The UK will spend 20 billion pounds to close 2000 oil and gas wells

An industry report said that the North Sea is expected to close more than 2000 oil and gas wells in the next decade, with a total cost of about 20 billion pounds. British Offshore Energy said in its annual retirement insight report that the surge of retirement activities has begun and is expected to continue in the next three years. It estimates that about 2100 North Sea wells will be shut down in the next decade. Editor/Xing Wentao

17:12 2022.11.24

The United States almost lost Saudi Arabia

China is so valued in the Middle East, which of course makes Americans look at it and worry about it. On 17 2022, the Biden government made a formal ruling declaring that Saudi Crown Prince Mohammed bin Salman enjoyed immunity in the case of Jamal Kashuji's murder. As we all know, the most important reason why Kashuji's murder has attracted worldwide attention is that the US government attaches great importance to it and vows to let Saudi Crown Prince Salman, the future king of Saudi Arabia, bear direct criminal responsibility for this case. Editor/Xing Wentao

16:24 2022.11.24

The Philippines has introduced an amendment to its renewable energy law

Recently, the Department of Energy of the Philippines announced the amendment to the Renewable Energy Law (2008), which removes the foreign ownership limit in the renewable energy industry and allows foreign citizens or foreign entities to participate in the exploration, development and utilization of renewable energy resources in the Philippines, such as solar, wind, biomass, Marine and tidal energy. Editor/Xu Shengpeng

16:24 2022.11.24

Masdar will work with Jordan to develop 2GW of renewable energy projects

Masdar, the United Arab Emirates' clean energy company, has signed an agreement with Jordan to collaborate on renewable energy projects with a total capacity of up to 2 gigawatts (GW). Jordan gets about 29 percent of its electricity from renewable sources and aims to increase that to 50 percent by 2030. Editor/Xu Shengpeng

18:06 2022.11.23

The AIIB supports the installation of 10GW of renewable energy by 2028

The Asian Infrastructure Investment Bank has joined the cooperation agreement with the Egyptian government and is expected to mobilize 10 billion dollars of investment to deploy 10GW of solar and wind energy by 2028. The relationship between water, food and energy is a three pronged plan developed by Egypt's Ministry of Electricity and Renewable Energy, the Ministry of Environment and the Ministry of International Cooperation, which aims to improve the country's renewable energy capacity and promote climate action. Editor/Xing Wentao

18:06 2022.11.23

Atlas Renewable Energy Launches 300MW Photovoltaic Project in Mexico

Atlas Renewable Energy, headquartered in Miami, has started to operate its 300MW Mexican La Pimienta solar energy project in Campeche. It is estimated that the plant will generate 789GWh of electricity every year and has signed a 15 year power purchase agreement with the Federal Power Commission, a Mexican state-owned utility company. Atlas said that this project is the second largest photovoltaic device in Mexico and the first large-scale solar energy project in Campeche. Editor/Xing Wentao

18:05 2022.11.23

Masdar will develop 100 MW solar photovoltaic power station in Turkmenistan

Abu Dhabi clean energy company Masdar signed a joint development agreement with Turkmenistan Energy Gogol State Power Company to develop a 100 MW solar photovoltaic power station in Central Asian countries. The Ministry of Energy of Turkmenistan, subordinate to the Ministry of Energy of Turkmenistan, is the state agency responsible for power generation, transmission and distribution in the country. Editor/Xing Wentao

18:05 2022.11.23

Saudi Aramco signed a US $11 billion trade agreement with global manufacturers

Saudi Aramco signed an enterprise procurement agreement worth US $11 billion to promote the development of Saudi Arabia's manufacturing industry. The world's largest crude oil exporter signed agreements with 51 local and global manufacturers, and said this move could create 5000 jobs in Saudi Arabia in the next decade, while supporting Saudi Aramco's strong supply chain. Editor/Xing Wentao

18:04 2022.11.23

Guoxuan Gaoke and VinES cooperate with Vietnam LFP battery factory

On November 18, 2022, Guoxuan Gaoke and Vietnam Vin Group jointly started the battery factory in Ha Tinh Economic Development Zone, Vietnam. The first phase of the project is planned to have an annual capacity of 5GWh. It is the first lithium iron phosphate battery factory in Vietnam and is expected to be put into production by the end of 2023. Vietnam VinES belongs to Vin Group, the largest private enterprise in Vietnam, and is mainly responsible for the production of power batteries. The group's VinFast is a leading new energy vehicle manufacturer in the world, and its products are sold to Southeast Asian markets, Europe and the United States. The factory is jointly invested by Guoxuan Hi Tech and VinES under Vietnam Vin Group, of which Guoxuan Hi Tech holds 51% shares and VinES holds 49% shares. In the future, the products of the factory will meet the battery demand of Vietnam VinFast new energy vehicles. Editor/Xing Wentao

18:04 2022.11.23

The global hydrogen energy industry is expected to reach 183 billion dollars

Although hydrogen has great potential, it must be remembered that its production, transportation and transformation require energy and large investment, Irena said in the proposal of Accelerating G7 Hydrogen Deployment: Hydrogen Action Convention. Therefore, indiscriminate use of hydrogen may slow down the energy transition. By 2023, the value of the global hydrogen energy industry is expected to reach US $183 billion, higher than US $129 billion in 2017. Natixis, a French investment bank, estimates that hydrogen energy investment will exceed 300 billion dollars by 2030. Irena said that the first task should be to decarbonize existing hydrogen applications. At present, about three quarters of pure hydrogen is produced by fossil gas, and the rest comes from coal. Editor/Xing Wentao