During the first half of the year, State Grid's fixed asset investment exceeded 310 billion yuan.

The information released by State Grid on the 24th shows that in the first half of 2026, the company's fixed asset investment exceeded 310 billion yuan, an increase of 12.6% year-on-year. In the first half of the year, the Shaanxi-North Anhui 800 kV ultra-high voltage direct current transmission project was completed and put into operation, further widening the transmission channel for clean energy from the northwest to the load center in East China. The construction of the Panxi HVAC and Zhejiang HVAC ring network projects started smoothly, and the construction of the Mengxi-Beijing-Tianjin-Hebei 800 kV ultra-high voltage direct current and Yanwei HVAC projects steadily accelerated. The construction scale of pumped storage power plants continues to lead the world, with 37 pumped storage power plants accelerating, and the company has 76 pumped storage power plants in operation and under construction, with a total installed capacity of over 95 million kilowatts, providing critical regulatory support for the construction of new power systems.