[Australia: 120 gigawatt hours of energy storage can provide 98.5% renewable energy supply]The latest simulation study shows that the Australian national electricity market can achieve nearly 100% renewable energy supply with only 24 gigawatts/120 gigawatt hours of energy storage, of which renewable energy accounts for 98.5% and the remaining 1.5% is supplemented by other energy sources. This simulation is based on actual electricity data since August 2021, scaling wind and photovoltaic power generation to 60% and 45% of annual demand, respectively, and utilizing existing hydropower synergy balance. The estimated power supply cost is $126 per megawatt hour, which is equivalent to the wholesale electricity price level in the past five years.Editor/Yang Meiling
The Songjiang G60 Curvature Engine Hard Technology Pioneer Technology Park has recently started construction in Jiuliting Street. As a key project in Shanghai in 2024, it has a total construction area of 141000 square meters and is expected to be completed in August 2028. The project is located adjacent to the Hongqiao Business District and will focus on semiconductor, photonics artificial intelligence, and intelligent manufacturing, creating an "incubation super factory" and a full chain innovation rainforest ecosystem, helping to promote the agglomeration of hard technology industries and the cultivation of new quality productivity in the Yangtze River Delta.Editor/Cheng Liting
The runway overlay project at Yinchuan Hedong Airport has been approved and is scheduled to start construction in May 2026 and be put into operation in October. We will implement asphalt paving and update navigation facilities, adopting a night non-stop construction mode to significantly improve runway strength and smoothness, ensuring flight safety and stable hub operation. Editor/Cheng Liting