---
title: "CGN New Energy Posts Modest Output Growth on Rising Solar and Gas Generation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278490028.md"
description: "CGN New Energy Holdings Co., Ltd. reported a 1.7% year-on-year decline in consolidated power generation for February 2026, totaling 1,452.8 GWh, primarily due to weaker output from wind and hydro projects. However, total generation for the first two months of 2026 increased by 3.2% to 3,100.6 GWh, driven by a 30% rise in solar output and growth in gas-fired generation. The stock currently holds a Hold rating with a price target of HK$2.50."
datetime: "2026-03-10T04:18:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278490028.md)
  - [en](https://longbridge.com/en/news/278490028.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278490028.md)
---

# CGN New Energy Posts Modest Output Growth on Rising Solar and Gas Generation

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CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) has shared an announcement.

CGN New Energy reported that its consolidated power generation in February 2026 slipped 1.7% year on year to 1,452.8 GWh, as weaker output from mainland China wind and hydro projects and from Korean assets outweighed a notable rise in solar generation. For the first two months of 2026, however, total generation increased 3.2% to 3,100.6 GWh, driven by a sharp 30% surge in solar output, strong growth in Korean projects and a large jump in gas-fired generation, indicating a shift in the company’s production mix toward solar and gas despite softer wind and hydro resources.

The most recent analyst rating on (HK:1811) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on CGN New Energy Holdings Co., Ltd. stock, see the HK:1811 Stock Forecast page.

**More about CGN New Energy Holdings Co., Ltd.**

CGN New Energy Holdings Co., Ltd. is a Bermuda-incorporated power producer focused on clean energy generation, primarily operating wind, solar, hydro, gas-fired and cogeneration projects. The group’s portfolio is concentrated in mainland China, with additional projects in Korea, positioning it as a regional player in the renewable and gas-fired power markets.

**Average Trading Volume:** 8,088,135

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$11.93B

For a thorough assessment of 1811 stock, go to TipRanks’ Stock Analysis page.

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