Portuguese-speaking countries are a priority for the China Three Gorges group

11 December 2015

Portuguese-speaking countries are a priority for the China Three Gorges Corporation (CTG), which aims to become a world leader in renewable energy, said Thursday in Beijing the group’s vice president Lin ChuXue.

The vice president of the group was speaking on the sidelines of the first edition of the “Tomás Pereira Prize”, awarded annually to the best Chinese students of Portuguese by the Embassy of Portugal in Beijing in partnership with Portuguese and Chinese higher education institutions.

The four students awarded – one for each year of the degree – will be able to attend an intensive summer course in Portugal, sponsored by the CTG group.

“Four years ago, when we took part in the Portuguese privatisation programme, I realised for the first time the importance of Portuguese for our business,” said Lin ChuXue, alluding to the purchase of 21.35 percent stake in EDP – Energias de Portugal, in 2012.

The deal, which cost the Chinese group 2.7 billion euros, was one of the biggest investments by a Chinese company in Europe.

This year, EDP Renováveis ​​concluded the sale to CWEI Brasil Participações, a wholly-owned subsidiary of the CTG group, of 49 percent of the capital of wind farms in operation and under development in Brazil.

“We have the ambition to become world leaders in the renewable energy sector,” Lin said, cited by Portuguese news agency Lusa, adding that “coincidentally the two most important projects and countries in this segment – Portugal and Brazil – speak Portuguese”. (macauhub/BR/CN/PT)