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China Hydro Giant Will Add Wind and Solar as Dam Prospects Cool

  • China Three Gorges lifting capacity in other power sources
  • Environmental concerns, project challenges limit hydro options

China Three Gorges Corp., the world’s largest hydropower company, is adding wind and solar capacity under plans to diversify its business as the era of mega-dam projects fades.

The state-owned firm currently has capacity to generate about 26 gigawatts of electricity using solar panels or wind turbines, according to a statement, from 16 gigawatts in 2020. It aims to hit a target of 70 to 80 gigawatts by 2025.