BRI, BRICS, & Global South~

Serbia – growing importance of BRI 

February 1, 2024 CEN_com 0

Serbia’s Green Horizon: The $2.2 Billion Investment from China in a Sustainable Future In a move that signals a transformative wave across the European energy lands, Serbia has announced a monumental $2.2 billion investment commitment from China. This landmark commitment strives to steer Serbia onto the path of renewable energy, setting a new stride toward a sustainable and economically vibrant future. Serbia’s Renewable Energy Leap Within the contours of this ambitious endeavor […]

China-built UAE solar farm largest on Earth

January 28, 2024 CEN_com 0

Chinese engineers complete largest solar farm on Earth in UAE The world’s largest single-site solar power plant – a flagship project under China’s Belt and Road Initiative – was inaugurated by the United Arab Emirates (UAE), days ahead of the UN climate change conference Cop28 in Dubai, in November-December 2023. However the project had already commenced supplying clean, emissions-free electricity to the UAE national grid in May 2023. The UAE became a […]

Russia to double renewable energy generation

January 7, 2024 CEN_com 0

Russia will double the capacity of renewable energy generation by 2050. By 2050, demand for hydrocarbons is expected to decrease, but new low-carbon energy markets are already opening up. Ilya Torosov, First Deputy Minister of Economic Development of Russia, said this at COP 28 in Dubai. According to him, Russia focuses on the development of new highly efficient industries, products with high added value. The export sector for hydrogen production […]

China and Uruguay elevate bilateral relations

January 6, 2024 CEN_com 0

On the fifth anniversary of Uruguay’s participation in the Belt & Road Initiative (BRI), China and Uruguay announced they will upgrade bilateral ties to a comprehensive strategic partnership during talks between the two heads of state, and agreed to deepen cooperation in a range of aspects including trade, agriculture and cultural exchanges, as well as the co-construction of the BRI.  The two heads of state witnessed the signing of the […]

Twenty more countries apply to join BRICS+

January 4, 2024 CEN_com 0

Over 20 more countries apply to join the now 10 member BRICS+ group. From 1 January 2024, the existing five member BRICS group (Brazil, Russia, India, China and South Africa) grew to become BRICS PLUS, with the addition of five new members – Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates. BRICS Ambassador at large, South Africa’s Anil Sooklal, has revealed that there is a huge demand from […]

Eurasian Economic Union moves closer to BRICS

January 3, 2024 CEN_com 0

At the heart of the connection between the BRI and EAEU is the mutual coordination of China’s and Russia’s economic interests in Eurasia. The Eurasian Economic Union (EAEU) groups Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Starting from January 1, 2024, Armenia will take over from Russia the rotating EAEU chairmanship with a one-year tenure. During a meeting of the Supreme Eurasian Economic Council on 1 January 2024, heads of EAEU […]

Russia 2024 BRICS presidency – objectives

January 3, 2024 CEN_com 0

Russia has assumed the one-year rotating presidency of BRICS following its groundbreaking expansion in 2023. Russia holds the chairmanship of BRICS bloc, that from 1 January has expanded to ten members with the entry of Egypt, Ethiopia, Saudi Arabia, the United Arab Emirates, and Iran. Russian President Vladimir Putin has vowed that Moscow will do its best to promote cooperation within the economic bloc. In a statement released by the […]

China key to Mexico’s Electric Vehicle market

January 3, 2024 CEN_com 0

China key player in Mexico’s growing Electric Vehicle market. Mexico Business News reports that Chinese automakers such as BYD, Geely, GAC, JAC, MG, and Chery are taking center stage in Mexico’s automotive industry, becoming instrumental in propelling the development of electric and hybrid vehicles. These companies are poised to dominate the market for battery-powered and hybrid vehicles in the country, according to the Mexican Association of Automotive Distributors (AMDA). China, the […]

China will easily triple renewables by 2030

January 3, 2024 CEN_com 0

China will easily triple renewables by 2030 – So why didn’t China sign the COP28 global pledge ? China Dialogue asked experts why China, despite being a world leader in renewables, has not signed the pledge to triple triple renewable power capacity and double energy efficiency by 2030. The general picture they gave is that the tripling is achievable, but the doubling is a sticking point. Energy efficiency is the size […]

Indonesia wants China water investment

December 28, 2023 CEN_com 0

Indonesia invites China to invest in its water infrastructure projects Antara News reported on 11 September 2023 that Indonesia has invited China to invest in water infrastructure projects in Indonesia and in the development of the new national capital (IKN) Nusantara. The announcement was made on the sidelines of the 18th World Water Congress held in Beijing in September 2023. Indonesia’s Minister for technology, industry, and environment, Endra Saleh Atmawidjaja, […]