CGN New Energy Posts Slight Dip in April Output as Mix Shifts Toward Solar and Hydro
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CGN New Energy Holdings Co., Ltd. reported a 1.6% year-on-year decline in power generation for April 2026, totaling 1,651.1GWh, primarily due to reduced wind output from lower wind speeds. However, the company saw significant increases in solar, hydro, and Korean projects. For the first four months of 2026, total generation decreased by 0.5% to 6,415.6GWh, reflecting a shift towards a more diversified energy mix, reducing reliance on wind resources. CGN New Energy focuses on renewable energy projects in mainland China and South Korea, with a current market cap of HK$12.05B.
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