[Petrochemical giants advance westward to lay out coal chemical industry]Since 2025, several large private petrochemical enterprises have accelerated their layout of the coal chemical industry in the western region. Rongsheng Petrochemical has launched a green coalification integration project with an investment of about 160 billion yuan in Inner Mongolia, Hengyi Petrochemical has promoted a 25.7 billion yuan coal to ethylene glycol project in Xinjiang, and Tongkun Group has also laid out upstream resources in related areas. This move aims to leverage the advantages of coal resources in the western region, reduce dependence on international crude oil, and upgrade to the field of high value-added chemical new materials, promoting the industry's transformation from traditional fuels to high-end materials.Editor/Gao Xue
The Dalat Mengxi 1000 kV AC transmission and transformation project has been approved by the National Development and Reform Commission. The project is scheduled to start construction in April 2026 and be put into operation in September 2027, with a total investment of 4.374 billion yuan. The project is a key supporting facility for the Mengxi Beijing Tianjin Hebei ultra-high voltage direct current project, which will enhance the power transmission capacity from Mengxi to the east and serve the clean energy consumption and coordinated development of the Beijing Tianjin Hebei region.Editor/Gao Xue
Indian solar manufacturer Saatvik Green Energy announced an investment of 2.51 billion rupees to build a photovoltaic module manufacturing plant in Odisha state. The investment was completed through a wholly-owned subsidiary, with funding sourced from the company's IPO last year. The local photovoltaic manufacturing capacity in India continues to improve, and the current ALMM certified module production capacity has exceeded 109GW.Editor/Gao Xue