On February 10, 2026, State Grid Corporation of China officially disclosed the latest investment data for power grid infrastructure. The investment of billions of yuan has accelerated, and the construction of distribution network infrastructure has surged, releasing heavyweight benefits for the industry and anchoring the direction and injecting momentum for the high-quality development of the smart grid industry. As the world's largest public utility enterprise, State Grid has leveraged substantial capital investment to upgrade the entire smart grid industry chain. This data clearly shows that distribution network infrastructure has become the core engine driving industry growth.

As of that day, the data on the commencement of production technology renovation and distribution network infrastructure projects of State Grid Corporation of China has been released to the public, with various indicators showing bright spots. Data shows that a total of 116000 projects have started construction, a significant increase compared to the same period last year, setting a new record for the same period of construction. This intuitively demonstrates the strong momentum and vitality in the field of power grid infrastructure.

The efficiency of investment landing has been synchronously improved, laying a solid financial foundation for infrastructure development. The above-mentioned projects have completed a cumulative investment of 12.48 billion yuan, with a year-on-year increase of over 120% in investment growth rate, significantly exceeding market expectations, fully demonstrating the determination of State Grid to increase power grid construction and promote the development of smart grids.

The State Grid Corporation of China's investment of over 100 billion yuan this time did not blindly spread, but focused on the three core areas of ultra-high voltage, intelligent distribution network, and new energy supporting, achieving key breakthroughs. Among them, as the "last mile" connecting end users of the power system, intelligent distribution network has been established as a key direction, focusing on the shortcomings of distribution network. By increasing infrastructure investment to solve the pain points of traditional distribution network, the intelligent operation and maintenance level and power supply guarantee capability of the power grid have been comprehensively improved.

The continuous injection of billions of capital effectively activates the momentum of the entire smart grid industry chain, and upstream and downstream enterprises are entering a golden period of development simultaneously. Upstream power equipment manufacturing enterprises have taken the lead in undertaking policy and investment dividends, leading to explosive growth in demand for core products such as smart meters and automated switches; Leading enterprises such as Siyuan Electric and Sifang Co., Ltd. have seen a surge in orders and maintained high capacity utilization rates. Midstream engineering construction enterprises have entered a period of explosive orders, with intensive construction of distribution network lines, equipment installation, and other projects, fully releasing production capacity. The demand for downstream power grid operation and maintenance services is heating up, with a significant increase in demand for intelligent operation and maintenance, fault diagnosis and other services, and the industry's vitality is fully unleashed.

The explosive growth in the construction of distribution network infrastructure this time is a concrete practice of State Grid's implementation of the "15th Five Year Plan" for power grid investment, promoting the accelerated implementation of the plan. It is reported that during the "15th Five Year Plan" period, the State Grid fixed assets investment is expected to reach 4 trillion yuan, an increase of 40% over the "14th Five Year Plan" period, which will continue to drive the iterative upgrading of the smart grid industry chain and promote the transformation of the power system to a new and intelligent one.

The large-scale promotion of distribution network infrastructure will further improve the "capillaries" of the power system, connect the "last mile" of power transmission, and enhance the efficiency of power supply. After upgrading the intelligent distribution network, real-time monitoring of power lines, rapid fault location, and remote control can be achieved, greatly improving the reliability of power supply; At the same time, a sound distribution network system can better adapt to the integration and consumption of new energy such as wind power and photovoltaics, providing solid support for the "dual carbon" goal.

The acceleration of distribution network infrastructure this time not only drives employment growth in related industries, but also improves people's livelihoods and empowers enterprises. For old residential areas, remote villages and towns, the intelligent transformation of distribution network will completely solve the pain points of peak electricity consumption, such as bottleneck and aging lines, improve the quality and sense of gain of residents' electricity consumption, and provide stable and efficient power guarantee for enterprise production.

From an industry perspective, the implementation of investments worth billions of yuan sends a clear signal that China's smart grid construction has entered a period of comprehensive acceleration, with broad and promising prospects. State Grid Corporation of China, with billions of investment as the fulcrum, leverages the high-quality development of the smart grid industry chain, demonstrating China's determination and confidence in promoting the construction of a new power system and achieving energy transformation.

Looking ahead to the future, with the continuous implementation of distribution network infrastructure and the iterative upgrading of core technologies, smart grids will be deeply integrated into various fields of social production and life, providing support for China's energy transformation and high-quality economic development, and helping to achieve the leap from a power giant to a power powerhouse. (This article is from the official website www.seetao.com of Jian Dao. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website infrastructure column editor/Yin Jiahui