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China's total installed power capacity has exceeded 4 billion kilowatts, marking a new milestone for the nation's power infrastructure. The achievement reflects the continued expansion of China's electricity generation capabilities.
Anhui Province reported a first-half 2026 GDP of 2.737 trillion yuan, up 5.6% year-on-year, overtaking Hunan by 33.64 billion yuan to enter the top 10 provincial economies. Governor Wang Qingxian chaired a meeting on emerging pillar industries in northern Anhui, emphasizing the need to integrate into the provincial industrial system and leverage comparative advantages. Northern Anhui, with nearly 40% of the province's land and half its population, contributes only 30% of GDP, significantly below the provincial average.
In 2025, China's 'three new' economy generated a value added of 25.79 trillion yuan, up 6.2% year-on-year at current prices, representing 18.39% of gross domestic product. The growth rate exceeded the overall GDP growth by 2.2 percentage points, and the share rose by 0.38 percentage points from the previous year.
The ongoing rollout of new energy vehicle policies in rural areas is promoting profound changes in county-level transportation electrification and consumer behavior. This initiative continues to reshape related sectors as adoption spreads beyond urban centers.
Times Green Energy Co. , Ltd. , a wholly-owned subsidiary of CATL, has increased its registered capital from 2 billion yuan to 3.5 billion yuan, according to recent industrial and commercial registration changes. Founded in 2006, the company focuses on research and development of offshore wind power systems, wind farm systems, emerging energy technologies, and online energy monitoring technologies.
A subsidiary of Goldwind Technology has jointly established Hengfeng Lvneng (Shanghai) New Energy Co. , Ltd. with registered capital of 100 million yuan. The company, with Zhang Yupeng as legal representative, will engage in power generation, transmission, distribution and wind, solar and energy storage technology services. Shareholders include Donggang City Haitou Energy Technology Co. and Goldwind's wholly-owned unit Ningbo Tianshuo New Energy Investment Co.
Tesla and ContourGlobal have signed a long-term power purchase agreement (PPA) for the Sterling renewable energy project. The PPA will supply Tesla with 1 TWh of electricity per year from the project, supporting the company's renewable energy targets. This partnership underscores the increasing role of corporate PPAs in driving renewable energy development.
On July 28, Shuangliang Group Co. , Ltd. and Zhejiang Huaxia Smart Energy Group Co. signed a strategic cooperation agreement. The partnership will leverage their respective technical and resource advantages to focus on zero-carbon cities, industrial parks, and buildings. They will explore a "product supply plus investment" model, encompassing contract energy management (EMC) and investment-financing-construction-operation (F+EPC+O) pathways.
Yalong River (Kangding) Energy Technology Co. , Ltd. was established on July 28 with registered capital of RMB 50 million. The joint venture is jointly held by Yalong River Basin Hydropower Development Co. , a subsidiary of SDIC Power, and Kangding City Natural Energy Co. Its business scope includes power generation, transmission, distribution, wind power technology services, energy storage services, and new energy technology research and development. Wang Lin is the legal representative.
PowerChina has completed construction of Zambia's first hydro-solar hybrid project, the Lushenfa Solar PV Project, and received the handover certificate. The project integrates solar power with existing hydropower regulation, using a 'solar priority, hydropower regulation' model for multi-energy coordination.