CGN Power Co ( (HK:1816) ) has shared an announcement.
CGN Power Co., Ltd. announced the approval of the construction of new nuclear power units at Taishan and Fangchenggang, which will utilize HPR1000 technology. This development marks a significant step in the company’s expansion strategy, potentially enhancing its market position in the nuclear energy sector. The construction will commence once the necessary permits are obtained, indicating a forward momentum in their operational capabilities.
More about CGN Power Co
CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the nuclear energy industry. It focuses on the construction and operation of nuclear power generating units, with a market emphasis on expanding nuclear power capacity through advanced technology.
Technical Sentiment Signal: Strong Sell
Current Market Cap: $22.58B
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