China Three Gorges Is Said In Talks to Buy German Wind Assets

China Three Gorges Corp., a major player in China's hydropower sector, is reportedly negotiating to acquire a wind energy portfolio from NEAG Norddeutsche Energie AG in Germany. This move signals China's growing interest in expanding its renewable energy footprint globally. Such a purchase could bolster China Three Gorges' diversification into wind power, which is seen as a critical component in reducing carbon emissions and transitioning to cleaner energy sources. The deal highlights the increasing international collaboration in the renewable energy sector.