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

  • AIIB should broaden horizons to gain global impact

    December 17, 2018

    AIIB this year set a ceiling on non-regional investment, limiting it to 15 p...

  • Chinese enterprise helps Zimbabwe enhance power supp...

    December 17, 2018

    Chinese enterprises have actively responded to the Belt and Road Initiative ...

  • China in 2019 : Getting the stimulus dosage right

    December 14, 2018

    With policy support, while urbanization, an aging population and the rise of...

  • New ideas can drive China’s era of reform, growth

    December 13, 2018

    If China can take the 40th anniversary of reform and opening-up as an oppor...

  • 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