Datang Power to Add 30 Million KW New Energy Projects by 2025

PVTIME – Datang International Power Generation Co., Ltd. (hereinafter referred to as Datang Power or the Company)(601991.SH), on January 10 said on the investor interactive platform that as of the end of September 2021, the company’s installed capacity of wind power reached 4.6331 million kilowatts and photovoltaic installed capacity was 1.6839 million kilowatts. Moreover, the company plans to add new energy projects with installed capacity of no less than 30 million kilowatts by 2025.

According to Datang Power’s performance report for the first half of 2021, the company’s operating income in the first half of the year was 50,394,245,000.00 yuan, a year-on-year increase of 13.3%, and the net profit attributable to shareholders of the listed company was 1,636,247,000.00 yuan, a year-on-year decrease of 7.97%.

Furthermore, Datang Power’s stock rose more than 5% in early trading on January 11. As of press time, it rose 5.16% to HK$1.63, with a turnover of HK$10.5201 million.