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The construction of the fourth Hualong One nuclear power unit at the Taipingling project has officially commenced. This project is led by a state-owned company specializing in atomic and clean energy development.
On May 10, the initial pouring of concrete for the nuclear island of Unit 1 at the Taipingling facility in Huizhou, Guangdong province, was completed. The plant is planned to include six Hualong One reactors, each capable of producing 1,200 megawatts of power.
With a total investment exceeding 120 billion yuan (around 17.7 billion USD), the Taipingling project marks the first nuclear power initiative in the Guangdong-Hong Kong-Macao Greater Bay Area to utilize China’s domestically-developed third-generation nuclear technology, Hualong One.
Once fully operational, the plant is projected to produce more than 55 billion kilowatt-hours annually. This output is equivalent to cutting coal consumption by approximately 16.7 million tons and reducing carbon dioxide emissions by roughly 50.82 million tons. It is designed to supply electricity for the needs of about one million residents.
Unit 1 of the plant was brought online last month. Unit 2 has completed its initial nuclear fuel loading and is now in the commissioning phase, which began earlier this month. Construction of Unit 3 started on June 10 of the previous year and remains in progress.
Guangdong province is making significant investments in nuclear power. Among the key projects for this year are four reactors under construction in Taipingling, Taishan, Lufeng, and Lianjiang, along with early-stage preparations for the Jieyang and Yangxi nuclear facilities. The Huakun No. 1 offshore floating small modular reactor demonstration project and a nuclear energy heating initiative in Maoming are also underway.
Shares of the state-owned nuclear company increased by 1.1% to 4.81 yuan (roughly 70 US cents) during midday trading today, while the Shenzhen Component Index decreased by 0.9%.
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