The China Three Gorges Corporation (CTG; ) is a Chinese state-owned power company, established on 27 September 1993. The company was responsible for the construction of the

Three Gorges Dam The Three Gorges Dam is a hydroelectric gravity dam that spans the Yangtze River by the town of Sandouping, in Yiling District, Yichang, Hubei province, central China, downstream of the Three Gorges. The Three Gorges Dam has been the world ...

-project, the world's largest hydroelectric power plant, that went into operation in 2008. In September 2002, CTG established the subsidiary company

China Yangtze Power China Yangtze Power Co., Ltd. (CYPC), known as Yangtze Power is a Chinese utilities company, headquartered in Beijing. The company is a component of SSE 180 Index. A controlling share is held by the parent company China Three Gorges Corporation ...

, which took over operations and management of Gezhouba and Three Gorges dams. CTG is one of the world's largest energy companies with total assets of

RMB The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. ...

475.5 billion (app. USD 77.3 billion) in 2014.

Business

Apart from Gezhouba and the Three Gorges Dam, CTG operates and develops other hydroelectric projects on the Yangtze River -

Xiangjiaba Dam The Xiangjiaba Dam () is a large gravity dam on the Jinsha River, a tributary of the Yangtze River in Yunnan Province and Sichuan Province, southwest China. The facility has twelve Francis turbines, four with a capacity of 812 MW and four rated ...

Xiluodu Dam The Xiluodu Dam () is an arch dam on the Jinsha River, i.e. the upper course of the Yangtze in People's Republic of China, China. It is located near the town (China), town of Xiluodu in Yongshan County of Yunnan Province but the dam straddles into ...

Baihetan Dam The Baihetan Dam () is a large hydroelectric dam on the Jinsha River, an upper stretch of the Yangtze River in Sichuan and Yunnan provinces, in southwest China. The dam is a 289-meter-tall double-curvature arch dam with a crest elevation of 827 m ...

( the world's second largest hydroelectric power plant) and

Wudongde Dam The Wudongde Dam () is a large hydroelectric dam on the Jinsha River, an upper stretch of Yangtze River in Sichuan and Yunnan provinces in southwest China. The design is one of the tallest in the world at , and will generate power by utilizing 1 ...

. By the end of 2014 CTG had 46.3 GW of total hydropower installed capacity in China and over 28 GW of total installed capacity under construction or development. CTG started to develop wind power in 2007 and also entered the solar power industry in 2011. By 2014, it had 31 wind power projects in operation and additionally 33 under construction or development. It also had 37 solar power projects in operation and 18 under construction or development. Total installed capacity at the time was 3,707 MW in operation, with 3,050 MW under construction or development. As of the end of 2013, CTG had business in 37 countries and regions, with 84 ongoing international construction and investment projects. In December 2011, China Three Gorges Corporation acquired a 21.35%

Portuguese government , border = Central , image = , caption = , date = , state = Portuguese Republic , address = Official Residence of the Prime MinisterEstrela, Lisbon , appointed = President o ...

's stake in ''

Energias de Portugal EDP - Energias de Portugal (formerly Electricidade de Portugal) is a Portuguese electric utilities company, headquartered in Lisbon. It was founded in 1976 through the merger of 14 nationalised electricity companies. History EDP was founded as '' ...

'' for €2.69 billion. In December 2011 China Three Gorges Corporation paid HK$2.1 billion (US$270 million) for a 29% stake in

China Power New Energy Development China Power Clean Energy Development (CPNED), formerly China Power New Energy Development Company Limited (CPNE) and Oriental Investment, is a Chinese renewable energy company established in 2006 and listed on the Hong Kong Stock Exchange. It ope ...

U.S. sanctions

In August 2020, the

United States Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national secu ...

published the names of companies with links to the

People's Liberation Army The People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, ...

operating directly or indirectly in the United States. CTG was included on the list. In November 2020,

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...

issued an

executive order In the United States, an executive order is a directive by the president of the United States that manages operations of the federal government. The legal or constitutional basis for executive orders has multiple sources. Article Two of th ...

prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included CTG.

References

External links

Official website
{{authority control Renewable energy companies of China Electric power companies of China Companies based in Beijing Government-owned companies of China Renewable resource companies established in 1993 Chinese companies established in 1993