CTG operates the Three Gorges dam on China's Yangtze River
China’s CTG buys renewables assets in Europe and Middle East
State-owned China Three Gorges accelerates overseas buying spree in wake of $3.6bn IPO
Chinese stated-owned energy giant China Three Gorges (CTG) has increased its renewable energy presence in Europe and the Middle East with two acquisitions in the last week. A consortium led by state-owned China Three Gorges South Asia Investment has acquired Dubai-based wind and solar developer Alcazar Energy Partners, which operates 411MW of wind and solar capacity in Egypt and Jordan, for an undisclosed sum. In Europe, CTG has acquired 450MW of wind and solar capacity spread over two portfolios in in the Castilla-Leon region of Spain from Spanish family-owned Corporacion Masaveu and Belgian investor Korys for €500mn ($586mn). 861MW – CTG acquired renewables capacity in latest two dea
Also in this section
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
23 December 2025
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
15 December 2025
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
