Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

companies

HOME > Company


CGN acquires Europe’s largest unit capacity onshore wind farm

July 18, 2018


Abstract : China General Nuclear Power Co (CGN) announced on July 17 that its subsidiary CGN Europe Energy has signed an equity transfer agreement with Macquarie Group and General Electric Co to purchase a 75 percent stake in Sweden's north pole wind power project.

201507191338310344472406

BEIJING, July 18 (Xinhua) -- China General Nuclear Power Co (CGN) announced on July 17 that its subsidiary CGN Europe Energy had signed an equity transfer agreement with Macquarie Group and General Electric Co to purchase a 75 percent stake in Sweden's north pole wind power project.

According to the announcement, the project, with the largest unit capacity in Europe, will install 179 sets of 3.63MW wind turbines, with a total installed capacity of 650,000 kilowatts, and is expected to start operation at the end of 2019

Upon operation, the wind farm will feed power demand of 400,000 families and reduce carbon dioxide emission of 750,000 tonnes each year.(Edited by Yang Yifan, yangyifan@xinhua.org)


Related Coverage

Focus

Think Tank

  • Foreign firms still betting on China

    October 19, 2018

    With the proactive opening-up of its market and constant improvement of its ...

  • Dollar bonds show confidence in Chinese economy

    October 18, 2018

    The dollar bond sale indicates that there is optimism about the continued im...

  • As US closes up, EU and China must build closer ties

    October 17, 2018

    The EU and China have the world's most dynamic economic relationship, their ...

  • The Chinese Race to Artificial Intelligence

    August 10, 2018

    China is no longer just a manufacturing power, but a technologically advance...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial