China Southern Power Grid plans to boost clean energy initiative
China Southern Power Grid plans to step up investment in smart grid construction in the Pearl River Delta region in the upcoming years, to continuously improve clean energy installation in the Guangdong-Hong Kong-Macao Greater Bay Area.
The Guangzhou-based State-owned enterprise will invest more than 170 billion yuan ($25.3 billion) from 2018 to 2022 to improve disaster prevention capacity of power grids in the region, which is frequently hit by natural disasters including typhoons, Xu Daming, a spokesperson for the company, told a news conference in Beijing on Monday.
The company will also ensure central urban areas in Guangzhou and Shenzhen will have power outages of less than 30 minutes each year, while other cities such as Zhuhai and Zhongshan have power cuts of less than one hour annually.