State Grid Corporation of China (SGCC) was established on December 29, 2002. As the largest utility in the world, SGCC has a stable ranking of the 2nd on Fortune Global 500. SGCC constructs and operates power grids as its core business. As a super-large state-owned enterprise crucial to national energy security and economic lifeline, with a mission to provide safer, cleaner, and more economical and sustainable power supply. SGCC operates as a group with RMB 536.3 billion registered capital and 1.72 million employees. SGCC provides power to over 1.1 billion people in 26 provinces, autonomous regions and municipalities, covering 88% of the national territory. The company also owns and operates overseas assets in the Philippines, Brazil, Portugal, Australia and Italy, etc. with good performance.
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China-Latin America Energy Partnerships Accelerate
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5 metrics| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
State Grid Corporation Of ChinaYou | 1 | 0 | +100% | 1 | 37 |
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55 mentions in the last 90 days.
Ningbo becomes China's first city to surpass 10 GW distributed photovoltaic capacity, with 84% installed in industrial parks, generating 10 billion kWh annually and reducing CO2 emissions by 5 million metric tons.
China and Latin America are deepening energy cooperation through major infrastructure projects including Brazil's Belo Monte transmission line, hydropower modernization, and Argentina's Cauchari solar project, advancing clean energy transition.
State Grid Gansu Jinchang Power Supply Company conducted safety inspections at Gansu Jinhui Agricultural Product Deep Processing Project construction site to ensure stable power supply during summer high temperatures and support regional agricultural industrial development.
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“We reach accounts the week they land in-market — not the quarter after.”
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