At present, the North Star transmission and distribution grid is entering an important period of smart grid construction. China's urbanization construction is rapidly progressing, and the intelligent construction of urban and rural distribution networks will also be fully carried out. The smart grid, intelligent complete equipment, intelligent distribution, and control system will usher in a golden development period. At the same time, a large number of new energy generation continues to grow, bringing opportunities and challenges to China's low-voltage electrical industry. The rapid development of new energy provides an opportunity for the intelligent development of the low-voltage electrical industry. Low voltage electrical products are expanding to fields such as photovoltaic power generation inverters, new energy control and protection systems, distributed energy, energy storage equipment, DC switchgear, and can provide overall solutions. This field is a new important economic growth point for the low-voltage electrical industry. Nan Yin, Chairman of Beijing People's Electric Appliance Factory Co., Ltd., stated at the 9th China Electrical Equipment Innovation and Development Forum held on June 21, 2014. In large-scale photovoltaic grid connected power generation systems, low-voltage electrical appliances are required in all aspects, such as PLCs, reversible contactors, photovoltaic combiner boxes, AC distribution panels, transformers, and other equipment. Specifically, in order to reduce the number of connections between photovoltaic modules and inverters, facilitate maintenance, improve reliability, and reduce costs, DC combiner devices are generally added between photovoltaic modules and inverters. The construction of new energy brings opportunities for low-voltage electrical appliances. The application of distributed power generation technology can bring many benefits, but it is also accompanied by adverse effects such as randomness, intermittency, and difficulty in regulation. Therefore, other regulation methods are often needed to assist. Renewable energy generation and efficient power generation based on fossil fuels will be widely applied in the power system. This trend will lead to changes in the structure, operation, management, and control methods of the power grid, and the power storage system will become a key equipment in the future power grid. At the forum on distributed generation, energy storage, and microgrid technology and equipment, Sun Changji, Chairman of the China Electrotechnical Society, said. The construction of smart grids and the development of new energy have brought new opportunities to China's low-voltage electrical industry. At present, the smart grid has entered an important period of construction, and China's urbanization construction is rapidly progressing. The intelligent construction of urban and rural distribution networks will also be fully carried out. The smart grid, intelligent complete equipment, intelligent distribution, and control system will usher in a golden period of development. At the same time, a large number of new energy generation continues to grow, bringing opportunities and challenges to China's low-voltage electrical industry.