Sri Lanka’s Tambuttegama Water Supply Project Finished by Chinese JV
On July 10, 2026, the Sri Lankan Tambutangama Water Supply Project, undertaken by a joint venture of Chinese enterprises, was completed, and the President of Sri Lanka attended the ceremony. The project is equipped with water plants, pipelines and other facilities, benefiting over 25000 households and effectively solving the local drinking water problem. It is an important livelihood cooperation project between the two countries. Editor/Min Jing
CHNG Achieves First Criticality of Hualong One Unit in Hainan Free Trade Port
CHNG's Hainan Changjiang Nuclear Power Unit 3 achieved its first criticality and entered the stage of power operation. This project is the first Hualong No.1 nuclear power project in Hainan Free Trade Port. After completion, the annual power generation will be 18 billion kilowatt hours, which can significantly reduce carbon emissions and promote the development of green energy in the region. Editor/Min Jing
LSHEC Boosts Construction of Xinjiang Dongming Plastic Coal-to-Olefin Project
During the high temperature and scorching heat, the LSHEC construction team worked in the Wucaiwan Industrial Park in Xinjiang to develop six key equipment for the 800000 ton coal to olefin project of Dongming Plastics in Xinjiang. The project adopts a segmented prefabrication and on-site assembly mode, and each process is carried out in an orderly manner. Currently, the construction is steadily progressing, and we will make every effort to ensure the timely delivery of equipment. Editor/Min Jing
Zijin's $4 billion acquisition of Ethiopian gold mine approved
Ethiopia approves Zijin Gold International's acquisition of United Gold Company, with a transaction value of 4 billion US dollars. The Kurmuk gold mine is about to start production and is expected to produce the first batch of gold by mid-2026. The delivery deadline is July 29th.Editor/Gao Xue
Türkiye Launches 2.4GW Scenery Bidding
Türkiye announced to start bidding for 2.4GW wind power YEKA within the year, including 900MW photovoltaic and 1.5GW wind power. The bidding deadline is October 13. The electricity price is capped at 0.055 euros/kWh, and winning the bid can enjoy a 20-year power purchase agreement, helping to achieve the 120GW installation target by 2035.Editor/Gao Xue
Qatar launches bidding for gas field expansion
Recently, Qatar Energy Company launched the EPCI bidding for the subsea pipeline of the North Oilfield West Expansion Project, which will connect the newly built platform with onshore facilities. The project will add two production lines with an annual output of 16 million tons of LNG, which will be put into operation in 2031.Editor/Gao Xue
The trading volume of green electricity in Xinjiang has exceeded 16 billion kilowatt hours
As of July 8, 2026, the green electricity trading volume in Xinjiang this year reached 16.17 billion kilowatt hours, which is twice the total trading volume of last year. Among them, the green power trading within the province reached 10.23 billion kilowatt hours, a year-on-year increase of 414%, ranking first among all provinces and regions in Northwest China in terms of trading scale; The inter provincial green power trading reached 5.94 billion kilowatt hours, a year-on-year increase of 41%, and the scale of intra provincial and inter provincial green power trading reached a new historical high for the same period. Editor/Cheng Liting
The national electricity load has reached a historic high of 1.518 billion kilowatts
On July 10, 2026, the national electricity load hit a historic high for the first time this year, reaching a maximum of 1.518 billion kilowatts, an increase of 10 million kilowatts from the historical peak. Since the beginning of summer, the electricity load of the southern regional power grid and multiple provincial-level power grids such as Guangdong, Guangxi, Hainan, Ningxia, Gansu, Fujian, and Shaanxi has reached a historical high more than 20 times. Editor/Cheng Liting
Three Year Plan for Energy Conservation and Carbon Reduction in the Energy Sector
On July 10, 2026, the National Energy Administration released the "Action Plan for Energy Conservation and Carbon Reduction in the Energy Sector (2026-2028)", which stated that by 2028, the proportion of non fossil energy consumption will increase by about 1 percentage point annually; Reasonably control the coal consumption of coal-fired power units and strive to increase the proportion of coal-fired power production capacity to the current energy efficiency benchmark level by 15 percentage points; Build a batch of zero carbon and low-carbon coal mining areas and oil areas; Supporting the construction of a number of zero carbon parks, significant progress has been made in energy conservation and carbon reduction in key industries, and the level of green energy consumption continues to improve.Editor/Cheng Liting