Zhang Zhigang

Stories

China commits $574 billion to build world's largest power grid expansion

As of May 2026: Leading implementation of $574B investment plan

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 May 21