China was ready to step up cooperation with Africa in industry, agriculture, infrastructure, trade and investment, Xi told delegates from more than 50 African nations gathered in Beijing for the three-yearly Forum on China-Africa Cooperation Summit.

The CNY7.1bn (US$998m) transmission project will run for 1,271 km between the cities of Shenmu in northern Shaanxi to Lantian in the south.

From 2019 to 2023, the number of new reactors approved in China was six, four, five, 10 and 10 respectively, "showing an overall positive, safe and orderly development momentum", state-run China Energy News reported.

The nation added 25 gigawatts of turbines and panels in July, expanding total capacity to 1,206 gigawatts, according to a statement from the National Energy Administration on Friday. Xi set a goal in December 2020 for at least 1,200 gigawatts from the clean energy sources by 2030.

The investments will support a program of equipment upgrades and consumer goods trade-ins launched by China's cabinet in March, the notice said.

State Grid Corp. of China, which covers more than 80% of the country, will increase spending 13% to 600 billion yuan ($83 billion) this year, the Economic Information Daily reported, citing a budget plan.

Thermal power, which accounts for the bulk of China’s carbon footprint, fell 4.3% in May from the previous year, the biggest drop since 2022, the statistics bureau reported on Monday.

In the end, it isn’t that complicated: If climate change is an existential risk, surging output of good, cheap Chinese EVs is a good thing.

Gazprom, which holds about 16% of global gas reserves and employs 492,200 people, was once one of Russia's most powerful corporate empires - so powerful it was known as "a state within the state".

"Our plan is that by the beginning of the next decade the share of Hungary's energy provided by nuclear power will be between 60 and 70 per cent."