CGN New Energy Lifts January Power Output on Solar and Gas Surge

CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) just unveiled an update.

CGN New Energy reported consolidated power generation of 1,647.8 GWh for January 2026, a 7.9% increase from a year earlier, driven by substantial growth in solar, gas-fired and Korean projects despite a decline in wind output and the cessation of a cogeneration project. Solar generation in China rose 38.1% on higher capacity, gas-fired output in Hubei surged 1,200% on stronger dispatch, and Korean generation climbed 23.9%, underscoring a shift in the company’s generation mix that could enhance utilization of flexible assets and support its positioning in diversified clean energy, though the data remain preliminary and unaudited.

The strong growth in solar and gas-fired production may signal greater emphasis on scalable renewables and dispatchable capacity within CGN New Energy’s portfolio. Increased Korean output, particularly from the Yulchon gas-fired project, highlights the expanding role of overseas assets in the group’s overall contribution to power generation and revenue resilience.

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 independent power producer focused on clean and renewable energy projects, including wind, solar, gas-fired, hydro and cogeneration assets. The company operates mainly in mainland China and South Korea, targeting the growing demand for low-carbon electricity in these markets.

Average Trading Volume: 7,514,791

Technical Sentiment Signal: Buy

Current Market Cap: HK$11.11B

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