SGCC deployed 181 billion USD into power grid upgrades
China’s largest power grid network operator, State Grid Corp of China, deployed 1.2 trillion CNY on updates over the last five years.
Source: Interfax-China
State Grid Corp of China, the country largest power grid network operator has deployed 181 billion USD on domestic power grid upgrades over the past five years.
SGCC said the 181 billion USD is larger than the combined domestic power grid network investments from 1949 to 2005.
SGCC, which operates 88% of China's power grid network, sold 2.7 trillion kW hours of electricity and achieved sales revenue of 227 billion USD in 2010. The company reported a profit of 6.8 billion USD in the same year and hopes to boost that figure to 11 billion USD by the end of 2015.
- Related News:
SGCC signs joint agreement to develop smart grid - 14.01.2011 11:23- Five reasons the Smart Grid will save business money - 05.01.2011 14:11
- 2010’s Biggest Renewable Energy Projects - 29.12.2010 13:42
- Investment dollars flow to green energy start-ups - 05.02.2010 15:30
- IEEE launches Smart Grid Web Portal - 22.01.2010 16:27
Case Study Database
Get more exposure for your case study by uploading it to the Consulting-Specifying Engineer case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
