State-Owned Enterprise
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World's largest utility by revenue, implementing record investment program
China installed more wind and solar capacity in 2024 than the United States has ever built—360 gigawatts in a single year. The problem: much of that clean power sits stranded in remote western deserts, thousands of kilometers from the factories and cities that need it. State Grid Corporation of China just announced $574 billion to fix that.
Updated Jan 15
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