[Pengyue Technology's Liuzhou Semiconductor Project Formally Starts Construction] On May 6, 2026, Pengyue Technology's Liuzhou semiconductor glass wafer and optical waveguide module project officially started construction. The company is a wholly-owned subsidiary of Guangzhou Semiconductor, and the project is undertaken by Alco. This is the second cooperation between the two parties after the Wuxi project. Guangzhou Semiconductor is a high-tech, specialized, and innovative enterprise that deeply cultivates high-end optical semiconductor technologies such as optical waveguides. It has cooperated with several leading smart glasses companies. The company has established a production base in Wuxi with a total investment of over 300 million yuan. After reaching production capacity, the annual output of optical waveguide modules can reach 1 million sets.Editor/Gong Ziwei

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• 2026.06.18 18:24
• [Chinese enterprise wins 900MW Ningxia photovoltaic project with 900 million yuan]
• China Power Construction Corporation has announced the candidates for the EPC bidding of two major photovoltaic composite projects with a total capacity of 900MW in Lingwu, Ningxia. The total bid amount is about 903.7 million yuan, and the cost per watt is about 1.004 yuan. The consortium of China Electric Power Construction Qinghai Institute, China Construction Third Engineering Bureau, and China Hydropower Tenth Engineering Bureau will take on two first places. The project is located in the Lingwu Gobi Desert, with a new technology demonstration test zone. It will start construction in July 2026 and be fully connected to the grid by the end of December, with a tight schedule. The contractor is responsible for the full cycle EPC and most of the land coordination work. The consortium of state-owned enterprises relies on design and construction advantages to control costs. After the power station is completed, it will be connected to the Ningxia high-voltage main network for external transmission of green electricity, helping local consumption indicators and the transmission of electricity from the west to the east.Editor/Gong Ziwei

• 2026.06.18 17:55
• [Myanmar President visits China to deepen cooperation in energy and economic sectors]
• At the invitation of the President of the People's Republic of China, Myanmar President Myint Aung Hlaing will pay a state visit to the People's Republic of China from June 15 to 19, 2026. The statement states that both sides agree to continue to leverage the role of the China Myanmar oil and gas pipeline, steadily promote power interconnection, and explore the construction of an economically and environmentally sustainable energy partnership. Both sides agree to implement a direct settlement mechanism between RMB and Burmese kyat to promote trade, and support strengthening trade and investment cooperation in areas of common interest such as agricultural product processing, oil, and energy.Editor/Gong Ziwei