CGN Energy International Secures Strong Start in Q1 2026

As the opening year of the 15th Five-Year Plan, 2026 marks a critical starting point for CGN Energy International. With a strong sense of urgency and commitment, the company is delivering solid results across its global operations. In the first quarter, by strictly implementing internal power generation targets and adopting tailored strategies for each plant, the company is expected to generate 10.3 billion kWh of electricity, exceeding targets by 388 million kWh. Breakthroughs have been achieved across production, project development, and market expansion, securing a robust start to the year.

Edra Power Holdings (EPH)

The overhaul of Unit 2 at EMPP was completed 5 days ahead of schedule, with maximum output reaching 793 MW — the highest load since commissioning. The unit has achieved 530 consecutive days of stable operation, with heat consumption reduced by 3.2%. Meanwhile, the TG2 power plant successfully completed life extension and grid connection, adding 720 MW of installed capacity. The LSS5 project, Malaysia’s largest floating solar project, is advancing rapidly, with dredging progressing at a daily rate of 800 cubic meters.

CGN Europe Energy (CGNEE)

GNEE strengthened its O&M capabilities by deepening site manager reforms and implementing a fixed-to-floating salary structure, while building an integrated production–sales management model. Despite extreme weather conditions in Sweden, power generation in March increased against the trend. The company also advanced the integration of finance and business operations, achieving its quarterly profit target ahead of schedule.

CGN Brazil Energia (CGNBE)

The LDB project has completed all civil works, PV equipment installation, and medium-voltage collector line construction, entering the equipment wiring and commissioning phase. Despite challenges such as shipping clearance and the rainy season, the project team ensured both safety and quality through standardized management and refined construction practices.

CGN Korea (CGNKR)

CGNKE exceeded its power generation target by 4.13% in the first quarter. By adopting a “long-term contracts + spot market” procurement strategy, the company secured 50,000 tonnes of low-cost wood pellet fuel, reducing procurement costs by approximately KRW 1.3 billion. It also locked in 70,000 tonnes of natural gas at low prices ahead of the U.S.-Iran tensions.

CGN Laos Energy (CGNEL)

The 500kV booster station of Phase I project was successfully energized at first attempt, marking the transition from installation and commissioning to trial operation. A supporting livelihood project — the construction and renovation of Muang Xay High School — has been completed and handed over, featuring innovative applications of photovoltaic glass. The company also initiated the establishment of the Laos Clean Energy Power Standards Research Institute, the first overseas clean energy standards organization promoted by a Chinese enterprise.

CGN Africa (CGNAE)

Through refined O&M management, CGNAE is expected to exceed its generation target by 14% in Q1. The availability rate of the Namibia PV plant has remained at 100% for nine consecutive months, while the Malicounda plant in Senegal achieved a monthly average availability rate of 99.2%. Maintenance strategies were optimized, reducing the replacement time for grid-side cable joints at Malicounda from 5 days to 2.

CGN International Energy (Yunnan) (CGNIE YN)

The company successfully signed multiple overseas spare parts supply contracts, including for the CRI power plants in Brazil and MOR projects in Senegal, further strengthening its global supply chain presence. It also efficiently completed overseas procurement for headquarters’ Spring Festival welfare program, with total trade volume exceeding RMB 3.6 million in Q1.

The strong performance in the first quarter is not only a solid report card, but also a signal of momentum for high-quality development throughout the year. Building on this strong start, CGNEI will continue to deepen reforms, expand its global presence, and deliver sustained, high-quality growth in the years ahead.