China Unveils Renewable Energy Development "15th Five-Year" Plan, GOLDWIND Up 4%

China's National Development and Reform Commission and National Energy Administration jointly issued the "Renewable Energy Development '15th Five-Year' Plan", proposing that the main targets for renewable energy development during the period include raising total renewable energy consumption to 1.8 billion tonnes of standard coal equivalent by 2030, while total installed renewable power generation capacity will reach 3.5 billion kilowatts, with annual power generation hitting 6 trillion kilowatt-hours; combined installed capacity of wind and solar power generation will exceed 2.8 billion kilowatts, accounting for more than 50% of total installed capacity, while annual power generation will exceed 4 trillion kilowatt-hours, representing 30% of total power generation.

Regarding non-power utilization targets, by 2030, the total scale of non-power renewable energy utilization will increase by 1.5x compared with 2025, equivalent to about 150 million tonnes of standard coal. In terms of reliable substitution targets, the national average confidence output of wind and photovoltaic power (including source-side energy storage facilities) will reach 8% (11% for wind power and 6% for photovoltaic power), while the share of electricity generated by wind and photovoltaic power (including source-side energy storage facilities) during peak summer and winter evening demand periods will exceed 20%, up about 10 ppts. In addition, newly added reliable peak-shaving renewable power generation capacity during the "15th Five-Year" period will exceed 300 million kilowatts.

Some new energy stocks moved higher. GOLDWIND (02208.HK) +0.440 (+4.513%) Short selling $16.53M; Ratio 9.467% last stood at HKD10.14, up 4%; DONGFANG ELEC (01072.HK) +1.260 (+5.727%) Short selling $12.45M; Ratio 6.333% last stood at HKD23.26, up 5.73%; CHINA LONGYUAN (00916.HK) +0.130 (+2.301%) Short selling $29.91M; Ratio 27.555% last stood at HKD5.78, up 2.3%; CHINA RES POWER (00836.HK) +0.260 (+1.346%) Short selling $84.99M; Ratio 33.421% last stood at HKD19.57, up 1.35%. SIGENERGY (06656.HK) +20.800 (+7.065%) Short selling $9.40M; Ratio 27.723% rose 6.3%, while DAJIN (01081.HK) +1.440 (+4.557%) gained 5.5%. (mn/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-22 16:25.)