GreenergyDaily

Jan. 15, 2026

The State Grid Corp. of China plans to boost spending to 4 trillion yuan ($574 billion) over the next five years, as the nation races to expand its power network to keep pace with rising electricty demand and build-out of renewables.

The country's largest grid operator announced on Thursday that it will lift fixed-asset investment by about 40% through 2030, compared with the 2021-2025 period.

State Grid and peer China Southern Power Grid Co., the dominant operators, have boosted their budgets steadily in recent years. Their spending was projected to reach a record of about 825 billion yuan in 2025, yet the networks could still not keep up with the faster pace of electric-vehicle and data-center expansions.

Beijing has also accelerated approvals for long-distance power transmission lines, the critical infrastructure that's needed to move renewable power generated in the nation's west to the populous industrial hubs in the east. Investment in ultra-high-voltage projects has increased by about 11% a year since 2022, according to BlombergNEF.