Chinese energy giant State Grid marked 15 years of operations in Brazil with a symbolic gift to Rio de Janeiro this weekend, underscoring its growing influence in South America's renewable energy sector. As the world's largest power utility, the company has become a key player in Brazil's transition to sustainable energy solutions.
Since entering the Brazilian market in 2009, State Grid has invested over $10 billion in transmission networks and green energy projects across the country. The anniversary celebration comes as Brazil accelerates its shift toward wind and solar power, with Chinese technology playing an increasingly vital role in modernizing local infrastructure.
Analysts note this partnership reflects deepening economic ties between Asia and Latin America, with Chinese firms bringing technical expertise to Brazil's energy transformation. The collaboration has created over 2,000 local jobs while helping stabilize Brazil's power grid during extreme weather events.
As reported by CGTN's Lucrecia Franco, the anniversary gift to Rio de Janeiro – a solar-powered community center – symbolizes the company's commitment to sustainable development. This aligns with Brazil's national energy plan aiming for 45% renewable sources by 2030.
