1.4 Billion Yuan! New Solar, Wind and ES Venture Set Up by Three Gorges

PVTIME – A renewable energy company was recently established in Sichuang, China, with a registered capital of 1.4 billion yuan (US$194.46 million).

This particular company is jointly owned by China Three Gorges Construction Engineering Corporation and China Yangtze Power Co., Ltd, 51% and 49% respectively, both of which are subsidiaries of China Three Gorges Corporation. And the business covers hydroelectric power generation, power generation, power transmission, power supply (distribution), tap water production and supply, energy storage technology, engineering management services, research and development of new energy technologies, solar power generation technology, wind power generation technology.

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