Deals Counterparts

500kV offshore wind transmission project in Hainan

Development Transmission announced China Jan 19, 2026
RMB180B
Deal Value
development
Stage
500kV offshore wind transmission project
Project

China Southern Power Grid is developing a 500kV offshore wind transmission project in Hainan to accelerate energy structure transformation.

Deal Analysis

China Southern Power Grid's development of a 500kV offshore wind transmission project in Hainan signifies a strategic push towards energy structure transformation in the region. The project, announced for completion in 2026, aims to facilitate the integration of offshore wind energy into the existing power grid. While the project value and specific capacity remain undisclosed, the involvement of China Southern Power Grid, alongside State Grid Corporation of China, underscores the project's importance to China's energy infrastructure development. This initiative aligns with broader national goals of increasing renewable energy adoption and reducing reliance on traditional fossil fuels. The development of this transmission project is notable due to the scale of the voltage (500kV), suggesting a significant capacity for transmitting power from offshore wind farms. The participation of two major state-owned enterprises, China Southern Power Grid and State Grid Corporation of China, further emphasizes the strategic importance of this project to the Chinese government. The project's location in Hainan also suggests a focus on developing offshore wind resources in the southern coastal region of China. The successful completion of this project could serve as a model for similar offshore wind transmission projects in other coastal provinces.
  • 500kV transmission line indicates substantial power transmission capacity.
  • Involvement of China Southern Power Grid and State Grid Corporation of China highlights strategic importance.
  • Focus on Hainan suggests development of offshore wind resources in the southern coastal region.
  • Project aims to accelerate energy structure transformation in China.
Market Context: China is rapidly expanding its renewable energy capacity, particularly in wind and solar power. Offshore wind is a growing sector, and investments in transmission infrastructure are crucial to connect these resources to the grid. State-owned enterprises play a dominant role in China's energy sector, driving large-scale infrastructure projects.

Source Intelligence

KEY DETAILS

China Southern Power Grid will invest no less than RMB 50.6 billion in large-scale equipment renewal this year: "The company will intensify the renewal of grid infrastructure and digital and intelligent transformation with no less than RMB 50.6 billion to be invested in large-scale equipment renewal this year."

Deal Size
According to China Southern Power Grid, the company has embarked RMB 180 billion for fixed-asset investment in 2026, marking a record high for fifth consecutive year, with an annual growth rate of 9.5%.
Location
In Hainan, major projects including the 500kV offshore wind transmission are set to break ground this year, accelerating energy structure transformation and injecting strong momentum for Hainan Free Trade Port construction.
PARTIES MENTIONED IN SOURCE
C
China Southern Power Grid developer

"According to China Southern Power Grid, the company has embarked RMB 180 billion for fixed-asset investment in 2026, marking a record high for fifth consecutive year, with an annual growth rate of 9.5%."

medium quality Enriched Feb 19, 2026

Timeline

Announced
Jan 19, 2026
Signed
Closed

Market Context

This deal is part of the Transmission sector in China.
140
Transmission deals
26
deals in China
1 of 139 Transmission deals tracked this month · Updated daily

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