[Sinopec and TR joint venture wins large-scale project in Kazakhstan] Recently, the joint venture between Sinopec and Spain's Tecnicas Reunidas successfully won the favor of the leading consortium of Kazakhstan National Oil and Gas Company and won a major contract to develop a large-scale cracking unit. With a total investment of up to 2.3 billion euros, the two companies will contribute 50% to the construction of an ethylene production plant with an annual capacity of 1.3 million tonnes, which is expected to be completed by the end of 2028. As part of the polyethylene production complex in Kazakhstan, the plant will use natural gas as a feedstock to promote the development of the local petrochemical industry. In addition, Lummus Technology of United States was selected as the technical service provider of the project to ensure technological advancement and production efficiency. Editor/Jiang Mingyue

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• 2026.03.06 10:39
• [Announcement of Winning Bid for Ningxia Photovoltaic Storage Project]
• Recently, the bidding candidates for the procurement of energy storage system equipment for the 2026 stock photovoltaic power supply side energy storage project in Ningxia were announced. Xuchang Xuji Electric Energy Storage Technology Co., Ltd. ranks as the first candidate for winning the bid with a total quotation of approximately 35.7715 million yuan, equivalent to a unit price of approximately 0.745 yuan/watt hour. TBEA Xinjiang New Energy Co., Ltd. and Beijing Tiancheng Tongchuang Electric Co., Ltd. ranked second and third respectively, with quotations of approximately 33.5448 million yuan and 32.6424 million yuan, corresponding to unit prices of approximately 0.697 yuan/watt hour and 0.68 yuan/watt hour, respectively.Editor/Yang Meiling

• 2026.03.06 10:39
• [Xiehe New Energy and Bain Capital join hands to explore hydrogen energy solutions]
• Recently, Xiehe New Energy Group signed a memorandum of understanding with Bridge Data Centers, a subsidiary of Bain Capital, in Singapore. According to the agreement, both parties will jointly explore diversified energy supply solutions that integrate renewable energy and hydrogen energy globally to support the low-carbon transformation of data centers. The focus of cooperation includes researching hydrogen power generation technology paths, conducting system integration design, evaluating energy storage deployment, and optimizing power procurement mechanisms. Among them, the plan is to launch Singapore's first barge based hydrogen power generation solution specifically designed for AI digital infrastructure.Editor/Yang Meiling