Industry News

ABB Wins Order worth USD300 million to Develop Ultra-high-voltage Power Transmission Line in China

China: ABB won a contract to develop 1100 KV ultra-high voltage power transmission line that would link Xinjian Region of north-west China to Anuhi province in Eastern China. The project aims to connect the renewable energy projects in remote location of China to the grid system. The contract, which is valued at USD300 million includes delivery of transformers, HVDC convertor valves and other power transmission equipment. The project would help in meeting the growing demand for power from eastern region of China.

TechSci Research depicts that development of ultra-high voltage transmission lines in China would improve the power evacuation infrastructure in China. It would enable the evacuation of power from existing and upcoming renewable energy projects in China. China embarks on becoming the world leader in renewable energy resources. The development of renewable energy projects such as wind power plants would drive the wind power market in China.

According to a recently released report of TechSci Research, China Wind Power Market Forecast & Opportunities, 2017” There is no looking back for China wind power market even though the price war between wind power companies escalates. The market is still on the rising path with major developments taking place in the country. Offshore wind power market has been leading the wind power market in China. The coastal regions of China remain to be the hotspots of Wind Power development in China, along with other provinces too recording a respectable growth. 

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