CGN Power’s Huizhou Unit 1 Cleared for Commercial Nuclear Operation

The latest announcement is out from CGN Power Co ( (HK:1816) ).

CGN Power announced that Unit 1 of its subsidiary CGN Huizhou Nuclear Power Co., Ltd. has completed all commissioning work and has been deemed qualified for commercial operation as of April 19, 2026. Once the necessary permits and procedures are finalized, the unit will begin commercial service, marking a key milestone in the company’s capacity expansion program.

Following the addition of Huizhou Unit 1 to its operating fleet, CGN Power will manage 29 nuclear power generating units, with total installed nuclear capacity rising from 31,838 MW to 33,040 MW. The new unit’s contribution enhances CGN Power’s generation scale, potentially reinforcing its role in China’s nuclear energy sector and supporting long-term growth in clean power supply for stakeholders and the wider grid.

The most recent analyst rating on (HK:1816) stock is a Sell with a HK$3.20 price target. To see the full list of analyst forecasts on CGN Power Co stock, see the HK:1816 Stock Forecast page.

More about CGN Power Co

CGN Power Co., Ltd. is a China-based nuclear power generation company focused on developing, operating, and managing nuclear power plants. Through wholly owned and subsidiary entities, it provides electricity from nuclear sources and continues to expand its installed nuclear capacity to strengthen its position in the regional and national power markets.

YTD Price Performance: 13.65%

Average Trading Volume: 77,694,639

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$238.3B

See more insights into 1816 stock on TipRanks’ Stock Analysis page.