Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

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

Xinhua Silk Road Database
Company

China's CGN a major player in global clean energy markets

April 10, 2018


Abstract : CGN’s first photovoltaic power project in Malaysia, for which construction started last month, is expected to be operational in March 2019, said He Yu, chairman of CGN, who spoke during the Boao Forum for Asia annual conference on Monday.

cgn

BEIJING -- China General Nuclear Power Corporation’s first photovoltaic power project in Malaysia, for which construction started last month, is expected to be operational in March 2019, said He Yu, chairman of CGN, who spoke during the Boao Forum for Asia annual conference on Monday.

In addition to that solar power project, the company will focus on the development of clean energy abroad, especially in countries and regions covered by the Belt and Road Initiative, he said.

The nuclear giant took over Malaysian energy company Edra Global Energy in 2015 and became the biggest foreign direct investor and the second-biggest independent power producer in Malaysia.

The purchase has given CGN 13 clean-energy projects in five countries participating in the Belt and Road Initiative, namely Malaysia, Egypt, Bangladesh, the United Arab Emirates, and Pakistan, as well as potential to explore clean energy in other countries and regions, he said.

The international business portfolio of CGN has spread to more than 20 countries, with overseas assets accounting for 16 percent of the company’s total assets and revenue from overseas markets accounting for 20 percent. (Source: China Daily)

Scan the QR code and push it to your mobile phone

Keyword: PV CGN

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

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

Start a Free Trial

Ask Us A Question belt & road login close

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

Identifying code Reload

Write to Us belt & road login close

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 im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial