[Wuhan New City Science and Technology Innovation Financial Project Commences] On November 17, 2023, the first phase of the Wuhan New City Science and Technology Innovation Financial Headquarters project officially began. As one of the top ten key projects along the central axis of Wuhan New City, this project is positioned as a benchmark for China's science and technology innovation financial center. It will form a "science and technology+finance" ecosystem with financial headquarters office and investor building as the core, and the financial technology exhibition hall gathering. The headquarters of Hancheng Science and Technology Innovation Finance is located on the west side of the north-south mountain and water axis of Wuhan New City, in the core area of the central area of Wuhan New City, with a total construction area of approximately 179400 square meters. At present, the Financial Technology Service Center, Investor Building, and its affiliated buildings on the southwest side of the plot are the first areas to be opened, with a construction area of approximately 90000 square meters. They are implemented by the Urban Investment and Operation Company of China Construction Third Bureau, and constructed by the Central South Company of China Construction Third Bureau. Editor/Zhao E

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• 2023.12.05 17:41
• [China will introduce a power storage system to Kazakhstan]
• According to the press office of the State Grid Management Corporation of Kazakhstan (KEGOC), China Power International Development Co., Ltd. will introduce a power storage system to Kazakhstan. KEGOC pointed out in the news that the implementation agreement of the pilot project for the introduction of energy storage systems in Kazakhstan's unified energy system was signed in Beijing on December 4. "Under the agreement, China Power International Development Co., Ltd. will install a power storage system with a maximum capacity of 5 MW at the Kazakh State Grid Management Joint Stock Company substation," KEGOC said in a statement. According to KEGOC, the project aims to "study the impact of the power storage system on the distribution of the power system when the renewable energy power is incorporated into the unified power system of Kazakhstan." Editor/Xu Shengpeng

• 2023.12.05 17:41
• [Mauritania launched a large-scale renewable energy hydrogen storage project]
• Denmark's GreenGo has launched the Megaton Moon project in Mauritania, a 60 GW solar-wind power facility equipped with 35 GW of green hydrogen capacity. The project developer submitted a development application to the Mauritanian Ministry of Petroleum, Energy and Mines this week. The Megaton Moon project will be built in several phases, with the initial pilot phase expected to be completed in 2028 and the final phase to be completed between 2033 and 2035. In addition, the project will generate more than 70 million tons of desalinated water per year, which will be three times the amount of water consumed by the Megaton facility to produce green hydrogen itself. GreenGo said the project will also use more than 10 TWh of surplus energy to promote the development of large-scale agricultural industries and local supply chains in the desert region. "Developing a project of this scale requires close cooperation with the supply chain and purchasers," said Anders Heine Jensen, CEO of GreenGo. "The scale of the project will attract manufacturers to produce photovoltaic panels, wind turbine blades and electrolytic components locally. We are currently negotiating a Memorandum of Agreement with the manufacturer." Editor/Xu Shengpeng