With the introduction of China's smart grid strategy, this ultra-trillion market has become the focus of competition among various companies. The recent support and encouragement of the national policy level for distributed energy and new energy power generation promotion construction has also created a big pie for this market.
According to the latest report from Parker's survey agency, the smart grid technology market will grow from 33 billion U.S. dollars in 2012 to 73 billion U.S. dollars in 2020, and the market will reach 494 billion U.S. dollars in eight years.
Industry insiders predict that the annual average investment of smart grids in China will reach 35 billion yuan in the next few years. "The smart grid equipment procurement and renewal will bred a huge market, in which the transformation of secondary equipment involves almost every component. In addition, the related supporting distributed energy development should not be underestimated, and the market will be large in the next five years. Outbreak, market potential is difficult to measure."
Affected by this, foreign-funded enterprises represented by General Electric (hereinafter referred to as "GE") and local Chinese companies, Xinao Group, took the lead in planning, and a war on the reshaping of the energy landscape unfolded silently.
Business power
Domestic leading enterprises in power transmission and distribution equipment have begun to deploy smart computers and supporting distributed energy sources. At the same time, local Chinese companies have begun to deploy this market.
In order to meet the demand for intelligent power equipment in smart grid construction in the future, domestic leading enterprises in power transmission and distribution equipment have begun to exert their power, and they want to enhance their market competitiveness by taking advantage of strong alliances.
On August 28, China West Power, China's leading power transmission and distribution equipment manufacturer, announced that it has completed the non-public issuance of A shares worth 3.383 billion yuan to GE. The latter became the second largest shareholder of China Xidian with a shareholding ratio of 15%, and will assign a director to China West Power's board of directors.
Zhang Xianguo, general manager of GE's global product line for high-voltage power equipment, told reporters that GE's cooperation with West Power involves three parts: First, injection of 15% stake in Xidian, and one board seat in West Power; Signed a business cooperation agreement with Xidian, and the two sides formed complementary advantages in the technologies, products and marketing channels of the first and second transmission and distribution equipment; the third was the establishment of a transmission and distribution secondary equipment automation joint venture in Xi’an held by Xidian. , and integrate GE's secondary equipment business into a joint venture company.
According to Zhang Xianguo, the potential of the Chinese market can not be ignored. The smart grid construction and the continuous development of distributed energy access will bring more opportunities to the smart grid equipment market. GE is one of the major suppliers of the global power grid.
Hexagonal Wire Netting
Hex netting is commonly known as chicken wire, poultry wire, poultry netting, and hexagonal mesh. Hex netting is a widely used and versatile Wire Mesh. It is often used to build chicken coops or other fencing for chickens or other animals. Additionally, hex netting is an economical product used to secure other materials in place, such as insulation to roofs. Hex netting is also ideal for lawn and garden and other home projects.
Hexagonal Wire Netting,Galvanized Hexagonal Wire Netting,Pvc Coated Hexagonal Wire Netting,Hexagonal Wire Netting-Galvanized Before Weave
HENGSHUI YUZHENG IMPORT AND EXPORT CO., LTD. , https://www.yuzhengnails.com