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China’s State Grid kicks off largest smart grid project in the world

State Grid is the largest utility in the world, with over a million staff, some 1.1bn customers, and revenue that is in the region of a billion dollars for every day of the year. Of course, China’s state regulation helped put it there, but the scale of its projects are nearly unrivalled. To this end, its new smart grid upgrade program is going to have far-reaching impact on the global stage, and this is an immense opportunity for any IoT-minded company that can get a slice of the pie. As reported in the South China Morning Post (owned by Alibaba, based in Hong Kong), the first phase of this project will conclude in 2021, with the second due to wrap…

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