China General Nuclear Power Corporation (CGN Power Co., Ltd.) Overview
Pro stress-test →CGN Power operates and manages nuclear power stations, sells electricity generated by these stations, and provides construction, installation, design, and related technical services in China. As of 2024, CGN is China's biggest domestic nuclear power operator with more than 50% of the domestic market and is the world's largest nuclear power construction company.
Strategic Profile
Pro stress-test →The company manages 28 nuclear power units with a total installed capacity of 31.76 GW as of June 30, 2024. CGN also operates in wind energy, solar energy, and hydroelectricity, positioning itself as a diversified clean energy player. CGN is a Chinese state-owned energy corporation under the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).
Competitive Landscape
Pro stress-test →CGN faces competition from China National Nuclear Corporation (CNNC), the other major state-owned nuclear operator in China. Internationally, CGN competes with global nuclear construction and power companies. CGN is one of the two most significant companies in China's nuclear power industry, the other being China National Nuclear Corporation.
Industry Context
China General Nuclear Power Corporation (CGN Power Co., Ltd.) operates in Nuclear Power and Renewable Energy Generation.
Key facts
Founded: 2014 · Headquarters: Shenzhen, China · Employees: 20,453 · Revenue: $12.1B · Market cap: $26.6B