The State Power Investment Corporation was established on July 15 in Beijing through a merger between China Power Investment Corporation and State Nuclear Power Technology Corporation.　　

With registered capital of 45 billion yuan and total assets of 722.3 billion yuan, the new company is the only comprehensive energy company in China that owns hydropower, thermal power, nuclear power and new energy assets. It joins China National Nuclear Corporation and China General Nuclear Corporation as the three pillars of the country's nuclear power industry.

Wang Binghua, president of the State Power Investment Corporation, said that the new company will focus on clean energy development, technological innovations and industrialization of advanced energies.