China Southern Power Grid WeChat capacity increased by 380

What is southern power grid's target for Guangdong?

Southern Power Grid has planned to step up the dispatch of surplus electricity – mostly from hydro and renewable sources – to Guangdong from Guizhou and Yunnan. The target is a 40 per cent increase for the 2021-25 period from the preceding five years. In Guangdong, rationing has been tightened to conserve supply.

What's behind China's record-breaking electricity consumption?

A heatwave and brisk economic activities have combined to set off record-breaking electricity consumption in southern Chinese provinces, prompting the state-owned power grid operator to ration power to factories and commercial services providers.

How much money did China invest in power grid projects?

During the first four months of this year alone, China invested Rmb122.9bn ($17bn) in its power grid projects, a 24.9 per cent year-on-year increase. That compares with the $3.5bn announced last October by US President Joe Biden’s administration, which covers 58 projects across 44 states.

Why is China's power grid creaking?

China ’s creaking grid represents a major constraint to progress on its green energy transition. During the first four months of this year alone, China invested Rmb122.9bn ($17bn) in its power grid projects, a 24.9 per cent year-on-year increase.

Is Yunnan facing a power shortage?

Check your internet connection or browser settings. Yunnan, the debt-ridden south-western province, is facing a potential shortfall of about 10 per cent in power supply this year despite doubling the installed capacity of renewable energy last year, according to local media reports.

How much yuan will China invest in grid network construction?

The company had promised to invest 473 billion yuan last year in grid network infrastructure after investing 460.5 billion yuan in 2020.In all, it plans to invest 2.23 trillion yuan in grid network construction during the 2021-25 period.