State Grid's H1 Fixed Asset Investment Exceeds RMB 310 Bn, Up 12.6% YoY; New Energy Capacity Hits 1.55 Bn kW

Published: Jul 24, 2026 11:46

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According to State Grid, the company completed fixed asset investment exceeding RMB 310 billion in H1 2026, representing a year-on-year increase of 12.6%. Among these, 15 Ultra-High Voltage (UHV) projects and 37 pumped-storage hydropower stations are under accelerated construction. Investment in new energy grid-connection projects continues to ramp up, with the new energy grid-connected installed capacity in State Grid's operating area reaching 1.55 billion kW as of the end of June.

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