China’s first nuclear power project with minority private capital investment has officially connected its No. 1 generation unit to the power grid in Zhejiang Province. The project, Zhejiang San’ao, includes two initial units and incorporates private capital from an investment arm of Geely Technology Group, holding a 2% stake.
Private investment in the second phase, which adds two more units, has been increased to 10% as China encourages further private participation in nuclear energy. The connected unit will undergo trial operations and performance tests before commercial operation begins.
The San’ao power station will operate six Hualong One third-generation reactors. Once completed, it will generate over 54 billion kWh annually, enough electricity for over 5 million people, while reducing coal use by 16.35 million tonnes and cutting CO₂ emissions by 50 million tonnes per year.
Hualong One reactors have already been deployed across China and in Pakistan, and they are China’s leading choice for domestic and international nuclear projects. This milestone highlights China’s push for clean energy, private investment in critical infrastructure, and global nuclear expansion.
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