(Yicai Global) Dec. 21 -- China and Britain held further talks in Beijing about the delayed Hinkley Point C nuclear power project China helps the British government build. British Secretary of State for Business, Energy and Industrial Strategy Greg Clark, who was on an official visit to Beijing, praised the work of the Chinese partner in the project, saying Hualong One nuclear power technology provider made progress.
Greg Clark held talks with He Yu, chairman of China General Nuclear Power Corporation (CGN), China's largest nuclear operator and a partner in the project, in Beijing. Both parties exchanged views on Hinkley C nuclear power project and the development of renewable energies, CGN said on its website.
The Hinkley Point C nuclear power project has officially started the geological exploration work in the site adaptation phase this month, which is a crucial step towards the development and construction of the project.
CGN and France's Electricite de France SA [EPA:EDF] signed an agreement with the British government in September 2016 to build the new nuclear power plant. Hinkley Point C nuclear power project, located in Somerset, southwest England, will provide reliable low-carbon electricity for about 6 million British users after completion. This is the first time that Chinese nuclear power technology has entered the markets of developed countries. CGN is investing GBP6 billion (USD8 billion) in Hinkley project, which will cost GBP18 billion.