China Set to Ramp Up Energy Grid Investment ...Middle East

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China Set to Ramp Up Energy Grid Investment
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China ramped up investment in grid expansion by 19% last year as it seeks to reduce waste in wind and solar and get more of their output to end consumers. According to a Bloomberg report citing National Energy Administration figures, investments in grid expansion exceeded investments in generation capacity over the first 11 months of 2024 by 7 percentage points. Grid investment is set to go even higher this year, per plans announced by the State Grid Corp, which is the largest grid operator in the country. Another large sector player, China Southern…

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