Participation of Chinese enterprises! 1.7 GW PV + 14 GWh Energy Storage Project Signed!

2026-01-14 10:43:39

On January 11, 2026, Egyptian state television reported that the Egyptian government had announced the formal signing of a strategic cooperation agreement with Sunshine Power, a Chinese energy storage company, and Scatec, a Norwegian renewable energy transport developer, with a total investment of more than $1.8 billion (about 12.622 billion yuan).

On January 11

, 2026, according to Egyptian state television, The Egyptian government has announced that it has formally signed a strategic cooperation agreement with Sunshine Power, a Chinese energy storage company, and Scatec, a Norwegian renewable energy transport developer, with a total investment of more than $ 1.8 billion (about 12.622 billion yuan).

It is understood that the investment will be used for the construction of large-scale solar energy and energy storage projects.

Specifically, Scatec, a Norwegian renewable energy transport developer, will develop the "Energy Valley" project in Minya Province, Egypt, and plan to build a 1.7 GW photovoltaic power plant . And supporting the construction of 4G Wh battery energy storage system . It is noteworthy that Scatec has signed a 25-year power purchase agreement with the Egyptian Transmission Company (EETC). Commitment to deliver 1.95 GW of solar power and 3.9 GWh of energy storage capacity to the Egyptian grid.

At the same time, Sunshine Power, a Chinese energy storage company, will build a battery energy storage system manufacturing plant in the Suez Canal Economic Zone with an annual capacity of 10g Wh . It is reported that part of the capacity of the plant will be supplied to the above-mentioned "Energy Valley" project . The plant covers an area of 50,000 square meters and is expected to start production in April 2027,

the report said.

All can be viewed after purchase

Correlation

Participation of Chinese enterprises! 1.7 GW PV + 14 GWh Energy Storage Project Signed!

On January 11, 2026, Egyptian state television reported that the Egyptian government had announced the formal signing of a strategic cooperation agreement with Sunshine Power, a Chinese energy storage company, and Scatec, a Norwegian renewable energy transport developer, with a total investment of more than $1.8 billion (about 12.622 billion yuan).

2026-01-14 10:43:39

CEMPI

102.01

+1.6 +1.59%

CONCPI

86.65

-0.03 -0.03%

CLKPI

105.00

+2.12 +2.06%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

Jiangxi Provincial Department of Industry and Information Technology: Implementation Rules for Abolishing Capacity Replacement of Cement and Glass Industry in Jiangxi Province

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.