China Power Reports Q1 2026 Electricity Sales Decline Amid Mixed Generation Trends

Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest update is out from China Power International Development ( (HK:2380) ). China Power International Development reported that its total electricity sold in March 2026 fell 3.96% year on year to about 10.53 million MWh, with first-quarter sales down 5.29% to 29.12 million MWh, based on preliminary internal statistics. The decline was driven by lower output from wind, photovoltaic and coal-fired power plants, partly offset by strong growth in hydropower, natural gas and environmental power generation, and the company cautioned investors that the figures are unaudited and subject to change. Sales from the group’s wholly owned and controlled plants showed hydropower surging more than 55% in March and nearly 17% for the quarter, while wind power dropped about 26% in March and over 12% for the first three months. Major associates and joint ventures also recorded double-digit declines in wind, solar and coal-fired electricity sales, signaling softer overall demand or resource conditions and underscoring short-term operational headwinds for the company’s broader generation portfolio. The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page. More about China Power International Development China Power International Development is a Hong Kong-incorporated power producer engaged in generating and selling electricity through a diversified portfolio that includes hydropower, wind, solar photovoltaic, coal-fired, natural gas and environmental power plants. The group operates both wholly owned or controlled facilities and major associate and joint venture plants across these technologies, reflecting a mix of conventional and renewable energy assets in its generation base. Average Trading Volume: 27,366,552 Technical Sentiment Signal: Strong Buy Current Market Cap: HK$40.57B Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.