[Changyuan Power plans to invest 7 billion yuan in new energy projects] On July 24, 2024, Changyuan Power Co., Ltd., a subsidiary of the State Energy Group, officially announced the latest progress of its cooperation with the People's Government of Songzi City. The two parties have signed a strategic cooperation announcement on the investment and development of new energy projects. This move aims to actively respond to the country's ambitious goals of carbon peak and carbon neutrality, and accelerate the vigorous development of the new energy industry in Songzi area by integrating the resources and expertise between local governments and enterprises. On July 20, 2024, the Songzi Municipal Government and Changyuan Power jointly signed the "State Energy Changyuan Songzi City New Energy Project Investment and Development Cooperation Agreement", marking a substantial step forward in the cooperation between the two parties in the new energy construction in Songzi City, Jingzhou City, Hubei Province. The cooperation agreement clearly states that the two parties will work together to plan and implement a series of new energy projects in the region, with a total installed capacity target of no less than 1.5 million kilowatts, of which the installed capacity of wind power projects will be no less than 650,000 kilowatts, and the total investment amount of the overall project is expected to be as high as 7 billion yuan. This cooperation not only reflects the firm confidence of both parties in the future development of the new energy field, but also demonstrates their determination to jointly commit to the green transformation and sustainable development of the local economy.Editor/Zhang Liyuan

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• 2024.10.09 10:18
• [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
• On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen

• 2024.10.09 10:15
• [Malaysia's energy transition has made progress]
• On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen