Longyuan Power’s March 2026 Output Drops 16.94% on Weaker Wind Generation; Solar Continues Double-Digit Growth

Bulletin Express
04/10

China Longyuan Power Group announced that consolidated power generation for March 2026 fell 16.94% year on year to 6.29 million MWh. The decline was driven by a 24.88% contraction in wind output, which slipped to 4.95 million MWh. In contrast, solar generation maintained strong momentum, rising 36.81% to 1.33 million MWh. Other renewable energy sources contributed a marginal 0.25 million MWh, down 53.99%.

For the first three months of 2026, total generation reached 19.82 million MWh, down 2.29% from the same period in 2025. Wind power, representing 83% of the portfolio, fell 7.31% to 16.48 million MWh, while solar power climbed 33.30% to 3.34 million MWh.

Regional performance was mixed. Offshore wind in Jiangsu recorded the steepest monthly decline, plunging 57.12% to 0.25 million MWh, followed by sharp drops in Shanxi (-48.43%) and Tianjin (-52.75%). Conversely, Qinghai’s wind output surged 58.59% to 0.04 million MWh, and Chongqing grew 45.72% to 0.06 million MWh. Overseas, South Africa’s wind farm delivered a 19.18% increase to 0.04 million MWh, while the Ukraine project produced no electricity due to ongoing grid-substation repairs.

Management noted that total generation from other renewable sources remained negligible at 0.00 million MWh in March and 0.00 million MWh year to date, reflecting a 22.64% decline from 2025 levels.

The latest figures suggest that while solar capacity additions and improved irradiation boosted output, adverse wind conditions and planned maintenance across multiple regions weighed on overall performance. The company’s year-to-date generation gap versus 2025 has narrowed to 2.29%, underpinned by the continued ramp-up of solar assets.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10