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Xin Baoan

Xin Baoan

Former Chairman, State Grid Corporation of China (2021-2024)

Appears in 1 story

Notable Quotes

"The company will invest $329 billion through the whole 2021-2025 14th Five-Year Plan period." — Xin Baoan, 2021

Stories

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

Built World

Departed chairmanship in March 2024

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