Datang Renew (01798) has announced its interim results for the six months ended June 30, 2026, with the group's revenue reaching RMB 5.893 billion, a year-on-year decrease of 13.91%. Profit before tax stood at RMB 1.074 billion, down 54.44% from the prior year, while profit attributable to owners of the parent company fell 59.20% to RMB 688 million. Basic and diluted earnings per share attributable to ordinary shareholders of the parent were RMB 0.0708.
During the first half of 2026, the group secured new energy construction approvals totaling 5,218.00 megawatts, with projects distributed across seven provinces and regions including Ningxia, Inner Mongolia, Liaoning, Hubei, Yunnan, Shandong, and Chongqing. Notable projects include a 2,600.00 MW phase two project at the Ningxia Zhongwei Cloud Base, a 1,000.00 MW photovoltaic desertification-control project in Ordos, and a 500.00 MW independent energy storage project in Sunit Left Banner.
In the first half of 2026, the group coordinated its annual investment plan, strengthened project milestone management, and advanced the construction of demonstration projects such as the Xinjiang Shichengzi solar thermal facility and the Zhongning compressed-air energy storage project. The Ningxia Zhongwei Cloud Base photovoltaic project, recognized as China's first computing-energy collaborative green power direct-supply project with a planned total scale of 4,600.00 MW, serves as a practical reference for similar integrated projects.
As of June 30, 2026, the group's in-construction project capacity reached 4,005.28 MW. Cumulative installed capacity for wind power totaled 14,353.25 MW, a decrease of 163.05 MW or 1.12% year-on-year; cumulative installed capacity for photovoltaics reached 4,894.30 MW, an increase of 342.00 MW or 7.51%; and cumulative installed capacity for energy storage stood at 610.00 MW.
In the first half of 2026, the group completed a cumulative power generation volume of 16,595,773 megawatt-hours, down 10.79% year-on-year. Wind power generation reached 14,028,347 megawatt-hours with an average utilization of 967 hours, 171 hours lower than the same period in 2025, mainly due to a year-on-year decline in wind resource levels in regions where some of the group's large-capacity projects are located. Photovoltaic generation totaled 2,567,426 megawatt-hours with an average utilization of 521 hours, 21 hours lower than the same period in 2025.
During the first half of 2026, the group completed comprehensive operational indicator evaluations for 121 existing stations across 19 regions, promoting lightning-protection technical upgrades, grid-connection facility optimizations, and reductions in "two detailed rules" assessment penalties in regions such as Yunnan and Guangdong. The company's controllable and available generation completion rate reached 98.42%, with no general or above safety production accidents occurring during the reporting period, and equipment health levels remained stable.
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