First turbine of Yangjiang Qingzhou III offshore wind project has been hoisted

First turbine of Yangjiang Qingzhou III offshore wind project has been hoisted

The first turbine of the Yangjiang Qingzhou III Offshore Wind Farm has been successfully hoisted.

Guangxi general commercial and industrial sectors start to use peak-valley electricity price

Guangxi general commercial and industrial sectors start to use peak-valley electricity price

In order to give full play to the regulating role of price leverage, the Guangxi government has expressed plans to guide power users to actively participate in power grid peak shaving, as well as plans to optimize power resource allocation, improve power utilization efficiency, and promote the healthy development of the power industry.

Average market-based electricity price was cut by 30.37CNY/MWh in SGCC territory in 2020

Average market-based electricity price was cut by 30.37CNY/MWh in SGCC territory in 2020

Beijing Power Exchange has recently released its annual report for 2020.

Shandong’s renewable energy to reach 80GW by 2025

Shandong’s renewable energy to reach 80GW by 2025

The Shandong Provincial Government has issued the 14th Five-Year Plan for National Economic and Social Development of Shandong Province and the Outline of Vision Goals for 2035 (hereinafter referred to as 14FYP).

Oil and gas drilling platforms are being transformed into wind power installation platforms

Oil and gas drilling platforms are being transformed into wind power installation platforms

Domestic oil and gas drilling platforms that were once idle due to the drop in oil prices have been delivered for export one after another.

New grid-connected utility-scale wind and solar projects in Shandong are required to have energy storage system by 10% of the project installed capacity

New grid-connected utility-scale wind and solar projects in Shandong are required to have energy storage system by 10% of the project installed capacity

Shandong has recently issued an Implementation Opinion on energy storage demonstration application in the province.