19.8GW Solar Power! Three Gorges Releases Performance 2023

PVTIME – China Three Gorges Renewables (Group) Co.,Ltd.(Three Gorges/CTGR, 600905.SH),  China Three Gorges Corporation’s (CTG) alternative energy subsidiary, responsible for CTG’s new energy business and its mission to develop new energy,  has released its unaudited annual performance recently.

In 2023, its revenue was 26.485 billion yuan, up 11.23% year on year, and its net profit attributable to listed shareholders was 7.181 billion yuan, up 0.94% year on year, showing stable growth.

As of 31 December 2023, Three Gorges’ cumulative grid-connected renewable power capacity reached 40044.4MW, with 13535.6MW of new capacity added in 2023. The cumulative installed capacity of solar power was 19824.2MW, and the newly added capacity was 9540.2MW in 2023.

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