[EPC bid opening for China Power Construction's 40MW Agricultural Photovoltaic] As the construction of photovoltaic projects enters a critical stage at the end of the year, a 40MW agricultural photovoltaic complementary photovoltaic project located in Yunhe County, Lishui City, Zhejiang Province, has made significant progress. Recently, Power Construction New Energy Company, a subsidiary of China Electric Power Construction Corporation, officially announced the list of candidates for the EPC general contracting of this clean energy project, marking the start of substantive construction. According to the announcement released on December 11, 2025, a total of three candidates have been shortlisted for the final competition for the EPC general contracting of this project. This bidding is calculated based on a DC side capacity of 52.01 MWp, with a unit price range between 1.732 yuan and 1.750 yuan per watt, which reflects the current competitive situation in the photovoltaic construction market. The project is located in Shitang Town, Yunhe County, Lishui City, Zhejiang Province. It adopts the agricultural photovoltaic complementary mode, with a planned installed capacity of 52.01 MWp on the DC side and a rated capacity of 40 MW on the AC side. The project is scheduled to officially start construction on December 25, 2025, and on-site construction will begin on December 30. All photovoltaic arrays are planned to achieve grid connected power generation before September 30, 2026. The overall project is expected to be completed and accepted on October 30, 2026. This compact construction schedule demonstrates the goal of efficiently advancing the project and achieving power generation benefits as soon as possible. From an industry perspective, the bidding unit price announced this time is 1.732-1.750 yuan per watt, providing a new price reference for the photovoltaic EPC market. Against the backdrop of the sustained development of the photovoltaic industry, this price range reflects China's current level of cost control and market competition in projects such as agricultural photovoltaic complementarity, and has reference significance for the investment and construction of similar projects in the industry in the future. Editor/Yang Beihua

Click to see more live >>

• 2025.12.16 10:41
• [Shenhua Baotou Coal to Olefins Upgrade Project Enters Equipment Installation Stage]
• In the vast city of Baotou, Inner Mongolia, a landmark project leading the upgrading and development of modern coal chemical industry is emerging. On December 14, 2025, with the successful hoisting and installation of the first synthesis reactor, the Shenhua Baotou coal to olefin upgrade demonstration project with a total investment of 17.15 billion yuan officially entered the installation peak period from the civil engineering stage, laying a solid foundation for the promotion of 2025 and subsequent projects. This project is an upgrade project of the world's first coal to olefin demonstration plant, with a construction scale of producing 2 million tons of methanol and 750000 tons of polyolefin annually. Its core highlight lies in the deep promotion of low-carbon transformation, exploring the integrated development path of coal chemical industry with green electricity, green hydrogen, and green oxygen through coupling with new energy, reflecting the upgrading direction of high-end and diversified industries. The project also shoulders the mission of significant technological self-reliance. It adopts a single furnace daily coal feeding 2000 ton level pulverized coal gasification technology with completely independent intellectual property rights, and for the first time tested a new process for co firing coal chemical wastewater. These innovations are not only exemplary of collaborative innovation in China's modern coal chemical industry chain, but also open up new technological routes for the green and low-carbon development of the entire industry, which has pioneering significance. Editor/Yang Beihua

• 2025.12.16 10:37
• [Yichun's nearly 6000 ton lithium carbonate technological renovation project approved]
• Against the backdrop of the rebound in demand for lithium carbonate industry, the upgrading of the industrial chain in Yichun, Jiangxi is quietly accelerating. On December 13, 2025, the Ecological Environment Bureau of Yichun City announced the proposed approval for the battery grade lithium carbonate technology renovation project of Jiangxi Huasai New Materials Co., Ltd., marking the substantive stage of a key capacity upgrade plan. This technological upgrade is located in Wanzai Industrial Park, with a total investment of 80 million yuan. By adding carbonization processes to the existing production line, the original industrial grade lithium carbonate production capacity will be upgraded to battery grade products, ultimately achieving an annual output of 5980 tons of battery grade lithium carbonate. This not only enhances the added value of the product, but also further strengthens Yichun's supply capacity as a national lithium material core base. Faced with market price fluctuations and cost pressures, multiple lithium carbonate enterprises in Jiangxi are actively promoting technological transformation. In addition to Jiangxi Huasai, companies such as Yongxing New Energy and Jiangxi Colan Intelligence have also launched production line renovations since 2025, aiming to reduce costs and increase efficiency by optimizing processes and switching raw materials. With the gradual recovery of downstream demand, the industry generally expects a mild rebound in lithium prices in the future, which also provides a key window for the continuous adjustment and upgrading of the lithium mica industry in Jiangxi. Editor/Yang Beihua