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CGN New Energy Posts Modest Output Growth on Rising Solar and Gas Generation

Story Highlights
  • February 2026 power output fell 1.7% as weaker wind and hydro offset strong solar gains.
  • Year-to-date generation rose 3.2%, with solar, gas-fired and Korean projects driving growth and mix shift.
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CGN New Energy Posts Modest Output Growth on Rising Solar and Gas Generation

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CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) has shared an announcement.

CGN New Energy reported that its consolidated power generation in February 2026 slipped 1.7% year on year to 1,452.8 GWh, as weaker output from mainland China wind and hydro projects and from Korean assets outweighed a notable rise in solar generation. For the first two months of 2026, however, total generation increased 3.2% to 3,100.6 GWh, driven by a sharp 30% surge in solar output, strong growth in Korean projects and a large jump in gas-fired generation, indicating a shift in the company’s production mix toward solar and gas despite softer wind and hydro resources.

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 power producer focused on clean energy generation, primarily operating wind, solar, hydro, gas-fired and cogeneration projects. The group’s portfolio is concentrated in mainland China, with additional projects in Korea, positioning it as a regional player in the renewable and gas-fired power markets.

Average Trading Volume: 8,088,135

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$11.93B

For a thorough assessment of 1811 stock, go to TipRanks’ Stock Analysis page.

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