USEUROPEAFRICAASIA 中文双语Français
Home / Business

Three Gorges steps up clean energy initiatives

By Zheng Xin | China Daily | Updated: 2018-02-09 08:52

China Three Gorges Corp, the world's biggest hydropower builder, will further diversify its business into wind, solar, and other forms of new energy beyond its core business.

The Beijing-based hydropower company will boost construction of offshore wind power farms both at home and abroad, said Wang Feng, vice-president of CTG Europe, the European branch of CTG, the builder and operator of the world's largest hydropower project Three Gorges Dam.

The company is taking a fresh step in the European clean energy market after purchasing an 80 percent stake in a 288 megawatt offshore German wind farm operator, WindMW from US private equity firm Blackstone Group for around $1.8 billion, which CTG described as one of the most promising offshore wind businesses in Europe.

Three Gorges steps up clean energy initiatives

Today's Top News

Editor's picks

Most Viewed

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US