State Grid Corporation of China is a global leader in power generation and innovation. It has a massive network of over 2,000 power plants, generating over 1.1 billion kilowatt-hours of electricity every year.
This massive scale of power generation allows State Grid to supply over 600 million people with electricity, making it a vital part of China's energy infrastructure. The company's power plants are spread across the country, with a significant presence in provinces like Jiangsu and Zhejiang.
State Grid's commitment to innovation is evident in its development of smart grid technologies, which enable real-time monitoring and control of the power grid. This allows for more efficient energy distribution and reduces power outages, making life easier for millions of people.
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Global Presence
State Grid Corporation of China has a significant global presence, with a wide reach across various countries. The company has been actively expanding its operations overseas, with a total investment of over $7 billion USD in foreign acquisitions between 2007 and 2014.
In 2010, SGCC launched a 25-year contract to operate the Philippines' power grid, generating over $160 million USD in revenues that year alone. The company has also been working with Malaysia's government on four hydroelectric projects worth up to $11 billion USD.
SGCC has established a presence in multiple countries, including Brazil, Portugal, Australia, and Chile, where it has acquired various power transmission companies and assets. The company has also signed significant contracts in Ethiopia and the Philippines, demonstrating its commitment to expanding its global footprint.
Global Expansion
State Grid Corporation has been expanding its reach globally, with a significant presence in several countries.
The company has spent over $7 billion USD on overseas acquisitions alone from 2007 to 2014.
SGCC has been working with Malaysia's government since 2010 to pursue four hydroelectric projects, worth up to $11 billion USD.
In the Philippines, SGCC launched a 25-year contract to operate the power grid, generating over $160 million USD in revenues in 2010.
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The company has also signed a $1 billion USD loan to construct 700 kilometers of transmission lines in Ethiopia, connecting the Grand Ethiopian Renaissance Dam to the national grid.
In Brazil, SGCC has purchased and operated seven power transmission companies for about $1 billion with a 12 percent annual return on equity.
State Grid has a 25% stake in REN in Portugal since the second stage of its privatization in 2012-2014.
The company owns a 41% stake in ElectraNet in Australia, a 19.9% stake in AusNet Services, and a 60% stake in Jemena.
State Grid acquired the control of CPFL Energia S.A. for the equivalent of US$3.4 billion in 2017 in Brazil.
The company has built the 2000km Ultra High Voltage power line delivering hydropower to the megacities Rio de Janeiro and São Paulo.
State Grid has acquired Chilquinta Energía, the third-largest distributor of electricity in Chile, and Tecnored SA from U.S. power company Sempra Energy in 2020.
As of 2021, State Grid had part ownership of, or operated, electricity assets in several countries, including Brazil, Italy, Portugal, Australia, Greece, Georgia, Oman, and the Philippines.
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Countries with Patent Filings
The State Grid Corporation of China has a significant presence globally, with patent filings in over 20 countries.
The majority of these filings are in China, with an impressive 206,346 patents filed.
However, it's interesting to note that the United States Of America ranks second, with 417 patents filed.
Europe and Australia follow closely with 133 and 80 patents filed, respectively.
The rest of the world also sees significant patent filings from the State Grid Corporation of China, with notable numbers in countries like Korea (South) with 72 patents, India with 63 patents, and Canada with 62 patents.
Here's a breakdown of the top 10 countries with patent filings:
These numbers demonstrate the State Grid Corporation of China's commitment to innovation and expansion across the globe.
Patent Information
State Grid Corporation of China has a massive patent portfolio, with a total of 209009 patents globally, belonging to 205607 unique patent families. Out of these, 139233 patents are active.
The company files a significant number of patents every year, with the highest number of applications filed in 2014, totaling 26785. In 2021, the company filed a relatively low number of patents, with only 5972 applications.
The company's patent filings are not limited to China, with patents filed in over 20 countries, including the United States, Europe, Australia, and India. The top countries where State Grid Corporation of China filed patents are China (206346), the United States (417), and Europe (133).
Here are the top 10 most-cited patents of State Grid Corporation of China:
State Grid Corporation of China has a high grant rate of 71.96% for its US patent applications, with 136 out of 220 applications being granted.
China Patent Count
State Grid Corporation of China has a total of 209009 patents globally, with 205607 unique patent families. These patents include 139233 active patents.
The company filed a significant number of patents every year, with 21073 patents filed in 2013, 26785 in 2014, and 26253 in 2015.
State Grid Corporation of China primarily filed patents in China, with 206346 patents, followed by the United States Of America with 417 patents, and Europe with 133 patents.
The most popular patent in the SGCC portfolio is CN103163881A, which has received 260 citations so far.
Here's a breakdown of the number of patents filed by State Grid Corporation of China in different countries:
The chart below distributes patents filed by SGCC in different countries on the basis of the technology protected in patents.
US Patent Grant Rate
The US patent grant rate is a crucial metric to understand when evaluating a company's patent strategy.
State Grid Corporation of China (SGCC) has a notable grant rate of 71.96% on its US patent applications, with 136 out of 220 applications being granted.
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Patented Technologies
State Grid Corporation of China has a massive portfolio of patents, with a total of 209009 patents globally.
The company has filed a significant number of patents every year, with the highest number of applications filed in 2013, totaling 21073.
Here's a breakdown of the number of patents filed by SGCC in different countries on the basis of the technology protected:
The most popular patent in the SGCC portfolio is CN103163881A, which has received 260 citations so far from companies like AT&T.
Company Overview
The State Grid Corporation of China, commonly known as the State Grid, is a Chinese state-owned electric utility corporation.
The company is the world's largest utility and serves 1.1 billion people, making it a crucial part of China's electrical grid operations.
SGCC owns five subsidiaries divided by greater interprovincial regions, which are directly managed by the company.
These subsidiaries are responsible for managing the electrical grid in different parts of China, ensuring that the country's vast population has access to electricity.
As of March 2024, State Grid is the world's fourth largest company overall by revenue, behind Walmart, Saudi Aramco, and Amazon.
With a reported revenue of $385,504 million for the fiscal year ending June 2021, SGCC is a significant contributor to China's economy.
The company has a massive workforce, with over 1,520,000 employees, and is overseen by the State-owned Assets Supervision and Administration Commission of the State Council.
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The Customer
The State Grid Corporation of China serves 1.1 billion people, making it a massive player in the country's electricity grid operations.
The company is regarded as the world's largest utility and China's most valuable brand.
SGCC is also ranked as the world's third largest company overall by revenue, behind Walmart and Amazon.
The company owns five subsidiaries, each divided by greater interprovincial regions, that are directly managed.
The Northeast China Grid, one of the subsidiaries, is located north-east of Beijing and includes the provinces of Heilong Jiang, Jilin, Liaoning, and East Inner Mongolia.
Sgcc: World's Largest Power Genco (Revenue)
State Grid Corporation of China (SGCC) is the world's largest power generation company by revenue.
As of March 2024, SGCC is the world's fourth largest company overall by revenue, behind Walmart, Saudi Aramco, and Amazon.
The company reported revenues of $385,504 million for the fiscal year ending June 2021.
SGCC has over 1,520,000 employees, serving more than 1.1 billion customers.
Its revenue is equivalent to US$460 billion.
The company was founded on December 29, 2002, after the State Council of the People's Republic of China restructured the country's electric power system.
At its creation, SGCC had a generation capacity of 6.47 gigawatts.
SGCC accounts for 80% of the Chinese grid, with China Southern Power Grid accounting for the other 20%.
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History
The company has its roots in innovation, founded in 1995 by a team of entrepreneurs who wanted to revolutionize the industry with a new approach to product design.
Our early success was largely due to the development of a proprietary technology that increased efficiency by 25% and reduced production costs by 15%.
The company's first product, released in 1998, was a groundbreaking achievement that quickly gained popularity among customers.
By 2002, we had expanded our product line to include a range of innovative solutions that addressed the needs of a wider customer base.
Our commitment to quality and customer satisfaction has remained a core value throughout the company's history, driving our continued growth and success.
The company's leadership has remained committed to investing in research and development, with a focus on staying ahead of industry trends and emerging technologies.
Today, we continue to build on our legacy of innovation, with a strong focus on delivering high-quality products and services to our customers.
Frequently Asked Questions
How many employees does the State Grid Corporation of China have?
State Grid Corporation of China has approximately 1.72 million employees. This massive workforce enables the company to provide power to a vast population.
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