CGN New Energy reported consolidated power generation of 1,776.3 GWh in August 2026, a 15.1% year-on-year increase. The rise was driven primarily by stronger wind resources on the Chinese mainland and a notable expansion of capacity in South Korea.

Wind projects in mainland China generated 748.7 GWh, up 22.11% from the prior-year period, benefiting from solid performance at both on-shore and offshore facilities in Zhejiang, Jiangsu, Henan, Gansu and Anhui. Solar output on the mainland slipped 2.4% to 332.3 GWh, while gas-fired and hydro production declined 6.7% and 16.6%, respectively, amid lower dispatch and weaker water inflows in Sichuan. Generation from South Korean assets surged 21.93% to 629.8 GWh, reflecting the addition of the 557 MW Daesan Phase II gas-fired project.

For the first eight months of 2026, total group generation reached 12,719.2 GWh (12.72 billion kWh), edging down 0.6% year on year. Mainland wind output fell 13.5% to 6,057.3 GWh, while solar generation increased 21.7% to 2,223.4 GWh, offsetting some of the wind shortfall. Gas-fired production on the mainland declined 18.9% to 97.6 GWh, and hydro generation in Sichuan inched up 2.1% to 154.1 GWh. South Korean projects contributed 4,186.8 GWh, a 13.5% gain year on year.

Management attributes the August wind rebound to favorable wind conditions and a broader asset base, whereas the hydro drop reflects reduced water availability. The commissioning of Daesan Phase II underpinned the Korean segment’s double-digit growth.

All figures are based on unaudited internal data released by the company and may be subject to adjustment. Investors are advised to exercise caution when dealing in CGN New Energy securities.