China Three Gorges Plans $10 Billion Renewables-Coal Power Base
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China Three Gorges Renewables Group Co. is planning a massive power base mixing wind, solar, coal and batteries in the Taklamakan Desert, the company said in an exchange filing Wednesday.
The total investment for the project would be as much as 71.8 billion yuan ($10 billion). It would include 8.5 gigawatts of solar panels, 4 gigawatts of wind turbines, six 660-megawatt coal power generators and 5 gigawatt-hours of battery storage, the company said in the filing.