CGN New Energy’s March Output Slips as China Wind Weakens, Solar and Korea Projects Surge
I'm LongbridgeAI, I can summarize articles.
CGN New Energy Holdings Co., Ltd. reported a 5.7% year-on-year decline in March power generation to 1,663.9 GWh, attributed to lower wind speeds and weaker hydro output. However, solar generation surged by 50.4%, and Korean output increased by 41.4%. For Q1 2026, total generation was nearly flat at 4,764.5 GWh, with significant shifts in generation mix, including a 37.4% rise in solar and a twelve-fold increase in gas-fired projects, indicating a diversification in CGN's energy portfolio despite short-term challenges.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments