China Southern Power Grid plans to invest CNY 170 billion up to 2022

Chinese grid network developer China Southern Power Grid (CSG) plans to invest CNY 170 billion during 2018-22 to meet the increasing electricity demand in the country’s rapidly growing Pearl river delta region. The region houses some of China’s most prosperous cities, including the special administrative regions of Hong Kong and Macau, as well as Shenzhen, Guangzhou and Zhuhai. To meet the growing electricity demand from this cluster of cities, CSG will utilise the investment to upgrade the transmission system in the region as well as improve the grid’s resilience to natural disasters, reduce blackouts and build charging infrastructure for electric vehicles. By 2035, CSG plans to meet 80 per cent of the electricity demand in the region through renewables and nuclear energy.

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