China Power’s January Power Sales Rise on Strong Coal and Gas Output

China Power International Development ( (HK:2380) ) just unveiled an announcement.

China Power International Development reported that its group-wide electricity sales reached 10,459,543 MWh in January 2026, a 4.79% increase year on year, driven mainly by strong growth in coal-fired and natural gas generation alongside modest gains in wind, solar and environmental power. The figures, based on internal management records and not yet audited, show renewables output was mixed with a notable drop in hydropower and associate solar volumes, while higher thermal generation from both wholly owned and affiliated coal plants underpinned overall growth, signaling a continued reliance on coal amid evolving demand and resource conditions, and prompting the company to caution investors when dealing in its shares.

The company’s major associates and joint ventures contributed 4,396,323 MWh of electricity sales in January, up 15.58% from a year earlier, largely due to double-digit increases in coal-fired output and wind power. This expansion in affiliated capacity, combined with growth in the group’s own coal and gas plants, reinforces China Power’s position as a key integrated power supplier but also highlights the operational and regulatory balance it must manage between scaling low-carbon assets and meeting demand through traditional fossil-fuel generation.

The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.

More about China Power International Development

China Power International Development is a Hong Kong–incorporated power producer listed under stock code 2380, operating a diversified portfolio of generation assets including hydropower, wind, solar photovoltaic, coal-fired, natural gas and environmental power plants. The group sells electricity across multiple regions in China through both wholly owned facilities and stakes in major associates and joint ventures, giving it exposure to both conventional and renewable energy markets.

Average Trading Volume: 21,132,873

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$41.32B

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