Indonesia plans to phase out all fossil fuel power plants in the next 15 yearsThe Indonesian government recently announced plans to phase out all coal and other fossil fuel power plants over the next 15 years, while building over 75 gigawatts of renewable energy capacity during this period.At the 29th United Nations Climate Change Conference (COP29), the Indonesian government announced that it will invest $235 billion over the next 15 years to develop 100 gigawatts of new energy, of which 75% will be renewable energy.Of the 90 GW installed power generation capacity in Indonesia, coal power generation accounts for a large proportion, with less than 15% coming from renewable energy.According to data from global energy think tank Ember, Indonesia's dependence on coal has increased in recent years, reaching a record high of 61.8% last year.
See moreUnder the guidance of the national "14th Five Year Plan" and the 2035 Vision Goal Outline, the petrochemical and energy industries are accelerating their transformation towards green and intelligent development. Xi'an, as an important petrochemical industry base in the western region, has unique geographical advantages and industrial clusters. On this land of Sanqin, which carries a rich history and splendid culture, Shaanxi's petrochemical and energy industries are constantly developing and advancing with a vigorous momentum. From ancient times to the present, Shaanxi, as an important strategic location and resource rich area, has witnessed countless glories and changes.Petrochemical energy new materials, this dynamic and innovative field, not only brings endless convenience to our lives, but also plays an irreplaceable and important role in energy security, industrial development, and other aspects.In order to promote the high-quality development of the petrochemical energy new materials industry, accelerate technological innovation and industrial upgrading, and strengthen inter industry exchanges and cooperation, the "2025 China (Xi'an) International Petrochemical and Energy New Materials Industry Expo" is scheduled to be held from May 27 to 29, 2025 at the Xi'an Airport Convention and Exhibition Center. The theme of this expo is "Innovative Petrochemical Technology · Lighting up the Light of Industry", aiming to create an international platform that integrates exhibition display, technology exchange, and trade cooperation, and jointly explore the green and intelligent development path of the petrochemical energy new materials industry.
See moreOn November 14th, the last set of wind turbine blades for the Uzbehara wind power project, constructed by China Energy Engineering, safely arrived at the Zankerdi wind power site, marking the successful completion of the transportation of all project units and achieving another major contract milestone for the project, laying a solid foundation for grid connected power generation.The Bukhara wind power project in Uzbekistan has a total of 1422 oversized units, with a cabin body weighing 125 tons and blade lengths exceeding 84 meters. The maximum weight of a single tower is 93 tons, and the maximum diameter reaches 4.8 meters. The entire project unit departed from multiple locations in China, including Baotou, Jiuquan, and Bayannur, and underwent a land transportation journey of up to 5000 kilometers, crossing the customs of China, Kazakhstan, and Ukraine. During the transportation process, the project team withstood multiple tests such as severe weather, poor road conditions, and tight project schedules, making it one of the largest single projects in the history of wind turbine land transportation with the most complex logistics conditions.The Bukhara 1GW wind power project in Uzbekistan, jointly constructed by China Energy Engineering International Group, China Power Engineering International Corporation, Zhejiang Thermal Power, and North China Institute, is the largest single wind power project officially launched in Central Asia. It is located in the southern part of the Turkestan Desert in Uzbekistan and includes two 500MW wind farms, Bashi and Zankerdi. After the project is put into operation, it will greatly improve the local power supply capacity, enhance the local power structure, and assist the Uzbekistan government in achieving the national new energy strategy goals by 2030.
See more[Brief Introduction]China has established a fund of 10 billion U.S. dollars to support the country's industrial cooperation with Latin America, the central bank announced in August,2015.The CDB and China's foreign reserves raised 10 billion U.S. dollars to set up the Sino-Latin American Production Capacity Cooperation Investment Fund Co. Ltd.
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