Growing Demand in Foreign Markets Drives Rapid Infrastructure Development Initiatives

Growing

Overview: The international market for new energy is experiencing significant demand, prompting the country to accelerate major project construction.

Published on: May 18, 2025, 17:38 by Smart Finance Network.

The latest report from the New Energy Certification Institute indicates that the international market for new energy is in high demand, leading the government to expedite the construction of major projects. Since May 2025, there has been a notable increase in the push for overseas project tenders, with several foreign companies actively participating in bids for these projects.

In the past month, companies such as Zhengxin, Yanzhong, Tongji, and others have entered into contracts for overseas tenders in the new energy sector. This trend highlights the growing interest and involvement of domestic enterprises in international markets.

As of this week, the main focus remains on enhancing power generation and new energy technologies. The construction of high-capacity power grids is progressing steadily, particularly the “Western Power Transmission” projects, which aim to improve renewable energy utilization and reduce carbon emissions.

The statistics for this week (May 12-16, 2025) indicate a 1.39% increase in power generation capacity, with the highest figures recorded this week. Electric vehicle usage has also increased by 4.14%, while the deployment of solar energy systems rose by 2.39%.

New Energy Vehicles: New products have been launched, focusing on providing “high performance + high safety” solutions. These developments are set to enhance the next generation of electric vehicle technology.

In addition, recent years have seen an increase in the number of overseas project tenders, contributing to a more dynamic international bidding environment.

Energy Equipment and Control: The government is accelerating the construction of major projects, with a focus on enhancing the capacity of the power grid and promoting the use of renewable energy sources.

Overall, the new energy sector is evolving rapidly, with significant advancements in technology and increased participation from both domestic and international enterprises.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/growing-demand-in-foreign-markets-drives-rapid-infrastructure-development-initiatives/

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