1. State Grid Commits $4.5 Billion to Pumped Hydro Surge, Targeting 70% Capacity Boost by 2030
China's State Grid Corporation, the world's largest utility, is launching a massive 31 billion yuan ($4.5 billion) capital injection into pumped hydro storage for 2026. This aggressive financial commitment signals a decisive acceleration in China's strategy to stabilize its power grid as it integrates vast amounts of i...