China to boost power grid investments by 68%
The State Grid Corp of China plans to increase investments in the country's power grid by 68% in a five-year plan.
China plans to invest RMB2.55 trillion or $390.63 billion, of which RMB500 billion or $76.59 billion will be spent on the construction of ultra-high-voltage power transmission lines and supporting distribution networks.
The rest of the RMB1.5 trillion or $229.78 billion will be used to construct conventional power lines and networks, reports Reuters.
China plans to construct a network of ultra-high-voltage transmission lines by 2020, to be linked to the major energy production bases.
ABB continues to strengthen the Symphony Plus platform with features and functionalities that meet the needs of a varied and changing power and water market.
The industry giant forays into the Mainland with the introduction of the turbocharged 6-cylinder 4006-23TRS gas engine.
Last December Alstom Grid announced it had acquired Canadian Smart Grid technology company ASAT Solutions - a strategic move to offer integrated substation data management solutions for utilities and industrial customers worldwide.
Modularity of hardware and software to meet the changing and individual requirements of modern grids during the whole life cycle
Following a trial phase with various grid operators, Siemens Smart Grid has brought the new protection device series Siprotec 5 onto the market.
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