[Vietnam released the implementation plan of the national Energy Master Plan] Deputy Prime Minister Tran Hong Ha recently issued government Decree No. 338 on approving the Implementation Plan of the National Energy Master Plan 2021-2030 and Vision 2050. The National Energy Master Plan covers industries such as oil and gas, coal, electricity, new energy and renewable energy, including activities related to energy basic investigation, exploration, exploitation, production, storage, distribution and use, according to the government order. The investment demand for the energy industry in 2021-2030 is about VND 4.13-4.8 trillion (about 1.2-1.4 billion yuan), and the government order clearly requires that all investments in energy projects use capital other than public investment. The government decree announces key and priority projects in the energy sector and their specific progress, energy potential projects and other projects. From 2021 to 2030, the land demand for energy industry infrastructure construction is about 93,000 to 97,000 hectares, and from 2031 to 2050, it is about 171,000 to 196,000 hectares. By 2030, the area of offshore projects is expected to be 334,800 hectares and about 1.3-1.7 million hectares by 2050. Editor/Xu Shengpeng

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• 2026.03.05 10:51
• [6 billion lithium iron phosphate material project starts construction]
• Recently, the annual production of 500000 tons of high-end energy storage lithium iron phosphate project by Inner Mongolia Times Fulin New Materials Co., Ltd., with a total investment of up to 6 billion yuan, has officially started construction. The project is located in Ordos City, Inner Mongolia, and the foundation treatment construction part has been awarded to Northwest Nonferrous Engineering Co., Ltd.Editor/Yang Meiling

• 2026.03.05 10:50
• [State Grid Gansu releases its 15th Five Year Plan for the power grid]
• At the press conference on March 2, 2026, State Grid Gansu Electric Power Company announced the latest progress of the 15th Five Year Plan as a pioneer of the power grid. It is reported that Gansu ranks first in the northwest in terms of approved construction scale in the field of pumped storage, and four projects have entered the main construction phase. Of particular note is that the installed capacity of new energy storage in Gansu Province has exceeded 7.9 million kilowatts in the first year of the 15th Five Year Plan.Editor/Yang Meiling