What is China Southern power grid doing in Southeast Asia?

[Photo/Xinhua] China Southern Power Grid, one of the country's two major power grids, is stepping up interconnection and international power trade in Southeast Asia to promote optimal allocation of clean energy while injecting green power into regional economic and social development.

How much will China Southern power grid invest?

[Photo/Xinhua] China Southern Power Grid, one of the country's two major power grids, vowed to invest 670 billion yuan ($105 billion) recently in grid network construction during the 14th Five-Year Plan period (2021-25) to ensure power supply stability and boost green power consumption.

How many kilowatt-hours does China Southern power grid use?

China Southern Power Grid said the five regions that it covers have consumed 540 billion kilowatt-hours of clean energy during the first nine months, with the renewable energy generation efficiency reaching 99.81 percent, up 0.22 percent year-on-year. Newly added installation of new energy reached 3.31 million kWs.

What's going on with China's power grids?

This is against the backdrop of the two major power grids experiencing sharp net profit declines a year earlier, with State Grid seeing a net loss of 926 million yuan while Southern Power Grid's net profit falling 81.3 percent year-on-year to 827 million yuan.

Will China's power grid profits rebound?

[WANG HUABIN/FOR CHINA DAILY] Profits at China's two major power grid operators have witnessed a sharp rebound during the first quarter, thanks to the domestic economic recovery, and the trend is expected to continue throughout this year, said analysts.

When did China Southern start building a digital power network?

China Southern began the planning and construction of a digital power network during the 13th Five-Year Plan period (2016-20), laying a solid foundation for the company's digital transition.