In the current era of accelerated global energy transition and surging green development, international cooperation in the field of new energy has become an important force in promoting global sustainable development. Recently, there has been exciting news in the field of energy construction in China. The joint venture formed by the company's subsidiaries, China Energy Construction International Construction Group Co., Ltd., China Energy Construction Group Guangdong Thermal Power Engineering Co., Ltd., and China Power Engineering Consulting Group Northwest Electric Power Design Institute Co., Ltd., has achieved significant results in the overseas new energy market with excellent technical strength and rich project experience. It has successfully signed three new energy general contracting engineering contracts with Saudi Arabia, adding a new chapter to the energy cooperation between China and Saudi Arabia.

The total contract amount signed between the Chinese enterprise joint venture and the project companies established by Saudi International Power and Water Company, Saudi Public Investment Fund, and Saudi Aramco Power Company is about 2.745 billion US dollars, equivalent to about 19.554 billion yuan, which is a considerable scale. Specifically, it includes three important projects:

Saudi Arabia PIF Phase 5 Shakira 1GW Wind Power Project EPC Contract: The contract amount for the project is 663 million US dollars, and the construction period is 26 months. After the completion of the project, it will effectively enhance the local wind power supply capacity in Saudi Arabia and contribute to the optimization of regional energy structure.

Saudi Arabia PIF Phase V Stella 2GW Wind Power Project EPC Contract: The contract amount is 1.251 billion US dollars, and the project construction period is 30 months. As a large-scale wind power project, it is of great significance in promoting the development of Saudi Arabia's wind power industry and reducing dependence on traditional energy.

Saudi Arabia PIF Phase VI Fulis 2GW Photovoltaic Project EPC Contract: Contract amount of 831 million US dollars, project construction period of 26 months. The implementation of photovoltaic projects will fully utilize Saudi Arabia's abundant solar energy resources and help achieve efficient utilization of clean energy locally. Keywords: the Belt and Road, the Belt and Road News

The successful signing of the Saudi Arabia new energy general contracting project contract by the Chinese enterprise joint venture not only demonstrates the technological advantages and international competitiveness of Chinese enterprises in the field of new energy, but also sets a new example for the deep cooperation between China and Saudi Arabia in the energy field. As the project progresses, these new energy projects will shine like brilliant stars on the land of Saudi Arabia, bringing clean and sustainable energy to the region and promoting green economic and social development. At the same time, it will also provide valuable experience for Chinese enterprises to further expand their overseas markets and participate in global energy governance, opening a new chapter in overseas new energy cooperation between Chinese enterprises.Editor/Cheng Liting