China Three Gorges Corporation

Sarawak's Taib family has come under attack again for being almost single-handedly responsible for the environmental and social destruction befalling the biodiversity-rich Sarawak. A new Bruno Manser Fund study reports that plans to dam virtually all the rivers in the Malaysian state's interior for hydropower will result in “cultural genocide” and the devastation of hundreds of thousands of hectares of rainforest. It also names a number of international companies including Sinohydro and The China Three Gorges Corporation as being complicit

China’s Three Gorges Corp yesterday began construction of a dam that will flood the last free-flowing portion of the middle reaches of the Yangtze, the country's longest river, according to the Shanghai Daily.

The China Three Gorges Corporation (CTG) company has gained a USD3.5 billion foothold in the European power sector by buying the Portuguese government's stake in Energias de Portugal (EDP). CTG has played the deal for a 21.3 percent share in EDP as a means of of accessing its renewable-energy expertise and contracts.

China Three Gorges, operator of the nation’s biggest dam, agreed to pay HKD2.1 billion (USD269 million) for a 29.1 percent stake in renewable energy producer China Power New Energy Development Co, according to  Bloomberg.