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To construct the Three Gorges Project and develop the Yangtze River, the China Three Gorges Project Corporation was founded on September 27, 1993, with the approval of the State Council. On September 27, 2009, it was renamed the China Three Gorges Corporation (CTG). CTG positions itself as a clean energy group focusing on large-scale hydropower development and operation. Its main businesses cover the construction, international investment and contracting, development of wind power and solar energy among other renewable energies, comprehensive development and utilization of water resources, as well as providing relevant professional technical services. After more than 20 years of rapid growth, CTG has become the largest hydro-power development enterprise worldwide and the biggest clean energy group in China.