Three Gorges invests US$57m in Cixi wind project

HUBEI, April 3 — China Three Gorges Project Corporation (CTGPC) has signed a contract with Cixi Wind Power Co. to build a co-invested 49.5MW wind power project. The New Energy Development Co., under CTGPC will control 75% share of the project according to the contract.

With a total investment of RMB460 million (US$57 million) and equipped with 33×1.5MW wind turbine units, the project is scheduled to launch in this year and will be operational in 2007.

About James Ockenden (249 Articles)
Content creator and former Risk journalist with a passion for clean technology and public health. 20 years covering power and energy markets, now focussed on sustainable urban growth and solutions to local air pollution.
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