China's CGN Starts Building Fourth Hualong One Atomic Power Unit of Taipingling Project
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China General Nuclear Power (CGN) has commenced construction on the fourth Hualong One nuclear power unit at the Taipingling project in Guangdong. The project, with an investment of over CNY120 billion (USD17.7 billion), will feature six units, each with a capacity of 1,200 megawatts. Once operational, it will generate over 55 billion kilowatt-hours annually, significantly reducing coal consumption and carbon emissions. CGN's shares rose 1.1% to CNY4.81 amid ongoing investments in nuclear power in the region.
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