[3 billion yuan layout for 800MW/3.2GWh energy storage projects] The EPC of an 800MW/3.2GWh energy storage project with a total investment of 3 billion yuan has been implemented, creating a large-scale benchmark project for new energy storage. The project adopts an efficient liquid cooled energy storage system and intelligent EMS management technology, which can achieve peak shaving and valley filling, frequency and pressure regulation functions, and assist in the efficient consumption of new energy. After completion, it will significantly enhance the regional power grid regulation capacity, reduce a large amount of carbon emissions every year, respond to the requirements of the "Action Plan for Accelerating the Construction of a New Power System", inject strong momentum into green and low-carbon development, and demonstrate the trend of large-scale development of the energy storage industry.Editor/Bian Wenjun

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• 2026.01.15 17:22
• [Ningde Times Saudi Service Center is now operational]
• On January 10, 2026, CATL's "Ningjia Service" Middle East's first experience center was opened in Riyadh, Saudi Arabia, which is also its largest overseas new energy aftermarket service facility. The center covers an area of over 7000 square meters and provides full lifecycle services such as battery diagnosis, maintenance, and recycling, covering seven major categories including passenger cars and energy storage systems, and is suitable for the high-temperature sand and dust environment in the Middle East. Relying on a localized certification team and a global spare parts network, it will radiate to countries such as the United Arab Emirates and Qatar, helping Saudi Arabia's "2030 Vision" and injecting momentum into the energy transformation of the Middle East.Editor/Bian Wenjun

• 2026.01.15 17:22
• [Saudi Basic Industries Company sells two major assets worth 6.6 billion yuan]
• On January 8, 2026, Saudi Basic Industries Corporation (SABIC) announced the sale of two major assets for 6.6 billion yuan (950 million US dollars), selling its European petrochemical business to Aequita for 500 million US dollars and its European and American engineering plastics business to Mutares for 450 million US dollars. The sale of assets covers multiple countries' pharmaceutical production bases and various polymer facilities, aiming to divest non core businesses, alleviate high cost pressures in Europe, concentrate resources on high profit areas and growth markets such as China, and optimize capital returns and cash flow.Editor/Bian Wenjun