The showpiece 3.6 GW Fengning county project which will offer grid services and back-up power at the 2022 Winter Olympics is part of a 31.15 GW construction pipeline of projects, many of which are set to come into service next year.
The Chinese state-owned State Grid Corporation of China has been attempting to acquire a 20% stake in German transmission system operator, 50Hertz for some time now. After the intervention of Germany’s Federal Government, however, this share will now go to domestic development bank, KfW.
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