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Good News: Huanyu Hi-Tech Awarded SPIC 2026 Framework Procurement Contract
Industry: News
2026-06-09

Recently, the Material & Equipment Branch of State Power Investment Corporation (SPIC) officially announced the winning bidders for the 2026 Framework Procurement Project for Circuit Breakers and Measurement & Control Devices Supporting Box-type Substations. Leveraging superior product quality, profound technical expertise and strong comprehensive service capabilities, Huanyu Hi-Tech Co., Ltd. stood out from numerous competitors and was successfully shortlisted as a supplier of low-voltage air circuit breakers and low-voltage moulded case circuit breakers. This achievement is a solid recognition of the company’s market competitiveness in the new energy power equipment sector by a leading industry client, and also injects robust momentum into its in-depth development in the new energy track.

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A Powerful Alliance

Safeguarding the Construction of SPIC’s New Energy Projects

Supporting SPIC's New Energy Project Construction

State Power Investment Corporation is one of the world’s largest clean energy power producers. According to data released at SPIC’s press briefing in March 2026, by the end of 2025, the company’s installed clean energy capacity exceeded 230 million kilowatts, accounting for 74% of its total installed capacity, an increase of 18 percentage points compared with the start of the 14th Five-Year Plan period.Focusing on circuit breakers and measurement & control devices for box-type substations of new energy projects, this framework procurement aims to deliver efficient, reliable and intelligent core low-voltage distribution components for SPIC’s photovoltaic power stations, wind power bases and other new energy projects across the country. As a shortlisted supplier, Huanyu Hi-Tech will cooperate with SPIC and its partners to provide a full range of core products including low-voltage air circuit breakers and low-voltage moulded case circuit breakers, facilitating the progress of SPIC’s new energy projects.

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Solid Strength

Delivering Reliable Low-Voltage Electrical Solutions for New Energy

Creating Reliable Low-Voltage Electrical Solutions for New Energy

A joint venture between Huanyu Group, a renowned domestic low-voltage electrical brand in China, and Eaton, a globally leading power management company, Huanyu Hi-Tech Co., Ltd. has long focused on the R&D, production and sales of low-voltage electrical components. The company runs a national postdoctoral research workstation and advanced R&D and manufacturing bases, with its products widely applied in new energy, power grids, communication equipment and other fields.

New energy industries impose stringent requirements on low-voltage electrical products, including high voltage resistance, excellent insulation, wide temperature tolerance and high protection grade, with product reliability being a top priority. Tailored to such industry requirements, the awarded low-voltage moulded case circuit breakers and low-voltage air circuit breakers can ensure the safe and stable operation of box-type substations for photovoltaic, wind power and other new energy projects under complex operating conditions.

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Focusing on the New Energy Track

Continuously Empowering the Development of Clean Energy

Continuously Empowering Clean Energy Development

As we enter the inaugural year of the 15th Five-Year Plan, the new energy industry is embracing unprecedented development opportunities. SPIC has made clear plans to vigorously secure large-scale wind and solar power base projects, expand high-quality onshore and offshore wind power resources, and maintain its global leading position in installed clean energy capacity.In April 2026, SPIC launched its first centralized procurement of wind turbine units with a total capacity of over 2.6 GW, covering 29 wind power projects, for which supporting box-type substations are among the key procurement items. With the large-scale construction of SPIC’s new energy projects, the demand for circuit breakers and measurement & control devices for box-type substations will keep growing.



The successful shortlisting for SPIC’s framework procurement fully demonstrates Huanyu Hi-Tech’s technical strength and brand influence in the low-voltage electrical industry, and further consolidates its strategic layout in the new energy sector. Going forward, drawing on Eaton’s century-old technological heritage and Huanyu Group’s more than 30 years of industry experience, Huanyu Hi-Tech will continue to advance intelligent manufacturing and lean production, deepen cooperation with leading clients such as SPIC, and contribute its efforts to the development of China’s new power system and the achievement of the dual carbon goals.