CNNC, Zhejiang Zheneng Electric Power, Sichuan Chuantou Energy and CLAMC completed the $1.1bn investment in CNNP Rich Energy.

CNNC, Zhejiang Zheneng Electric Power, Sichuan Chuantou Energy and CLAMC completed the $1.1bn investment in CNNP Rich Energy, a Chinese renewable energy company focusing on the R&D of non-nuclear clean energy including wind, solar and biomass power. CNNP Rich Energy wants to increase its competitiveness through the capital increase.