time：2025-05-12Views：
01. State Grid Investment Hits Record High
In Q1, State Grid completed fixed-asset investments exceeding ¥90 billion, up nearly 30% YoY, setting a historical record. Key investments include ultra-high voltage (UHV) projects, renewable energy grid integration, and digital grid upgrades. Additionally, by 2025, plans aim to boost cross-regional and inter-provincial power transmission capacity to over 340 million kilowatts, accelerating the construction of a new-type power system.
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02. Xinjiang Accelerates Ultra/Extra-High Voltage Grid Expansion
By the end of 2023, Xinjiang had established three 10-million-kilowatt-level renewable energy bases in Hami, Zhundong, and the Tarim Basin. To support efficient clean energy integration and long-distance transmission, Xinjiang plans to initiate or resume 41 ultra-high voltage projects in 2025, a 50% YoY increase, marking a new phase of "large-scale, high-intensity, high-quality" grid development.
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03. Vietnam Accelerates Energy Transition
In April 2025, Vietnam approved a revised National Power Development Plan (PDP8), allocating $136 billion to prioritize nuclear energy and raise renewables to over 30% of the energy mix by 2030. The plan also emphasizes cross-border power interconnections with neighboring countries.
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04. Europe Upgrades Grids and Cross-Border Links
Belgium’s Elia will increase capital expenditure from 2024 to 2028, focusing on German offshore projects and Belgian grid upgrades. The UK’s National Grid Group (NGG) expects significant investment growth in transmission and distribution, with transmission as the priority.
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05. Guangxi Grid Plans ¥7 Billion for Rural Grid Upgrades in 2024
Since the 14th Five-Year Plan, Guangxi Grid has invested ¥34.6 billion in rural grids, completing 38,500 projects. This year’s ¥7 billion plan targets overload and low-voltage issues, including 305 key 110 kV+ transmission projects and 40,000+ rural grid upgrades to enhance digitalization and support rural revitalization.
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06. Qinghai Allocates ¥1.664 Billion for Rural Grid Modernization
State Grid Qinghai plans to invest ¥1.664 billion in 2024 for grid reinforcement, including the Yushu Second 330 kV Line to improve remote area reliability. A ¥772 million rural grid upgrade will focus on 25 key rural revitalization counties, while ¥324 million will extend main grid coverage to four off-grid solar towns in Yushu.
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07. Leadership Reshuffles at Power Grid Companies
China Southern Power Grid:He Xiaobai appointed Director and Deputy Party Secretary, previously Vice President.
tate Grid Ningxia:Zhao Qiang promoted to General Manager and Deputy Party Secretary; Yan Chengshan steps down.
State Grid Hubei:Li Xinguo removed from leadership.
State Grid Beijing:Lai Xiangsheng named General Manager and Deputy Party Secretary; Liu Mingzhi promoted to Director.
State Grid Tianjin:Wu Dengfeng appointed General Manager; Shi Xueqian transitions to senior advisor.
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08. Yunnan to Invest ¥9.678 Billion in Modern Rural Grids in 2025
Yunnan Grid will strengthen county-grid links, implement county-specific outage prevention measures, expand 220 kV coverage, and prioritize rural electrification in remote and revolutionary areas. A rapid-response mechanism will enhance grid reliability and capacity.
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09. Mexico’s CFE Announces $2.286 Billion Grid Overhaul
Mexico’s Federal Electricity Commission (CFE) will invest $2.286 billion to modernize its 110,000-km national transmission network supported by 340,000 towers. Concurrently, President Sheinbaum nationalized CFE and Pemex via decree.
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10. Iran to Launch 14 Power Projects in FY2025
Iran’s Energy Minister Ali Akbar Abbasi announced plans to address power shortages through 14 projects in 2025. Tehran Chamber of Commerce estimates a 10,000 MW deficit, requiring $35 billion for plant construction and grid modernization.
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