China Three Gorges Renewables (Group) Co.Ltd(600905) 3 on March 10, 2021 annual performance express and announcement of new installed capacity were released.
According to the performance express, the company achieved a total operating revenue of 15.5 billion yuan in 2021, an increase of 36.98% over the previous year, and the net profit attributable to shareholders of listed companies was 5.634 billion yuan, an increase of 56.02% over the previous year. During the reporting period, the company’s new projects were put into operation, the total installed capacity increased compared with the same period of last year, and the power generation, on grid power and operating revenue increased compared with the same period of last year; At the same time, the investment income recognized by industrial chain equity investment increased significantly compared with the same period of last year, further driving the significant increase of operating profit and total profit.
The announcement of new installed capacity shows that in 2021, the company’s new installed capacity totaled 7.28 million kW (after deducting the reduction of 20000 kW due to transfer and other reasons), including 5.39 million kw of wind power and 1.9 million kw of Cecep Solar Energy Co.Ltd(000591) power generation. By the end of 2021, the total installed capacity of the company was 22.896 million KW, an increase of 47% over that at the end of 2020. Among them, the installed capacity of wind power is 14.269 million KW, an increase of 61% over the end of 202 North Huajin Chemical Industries Co.Ltd(000059) 1 power generation installed capacity is 8.412 million KW, an increase of 29% over the end of 2020.
As the strategic implementation subject of the new energy business of the Three Gorges group, the company actively develops onshore wind power and photovoltaic power generation, vigorously develops offshore wind power, deeply promotes the integration of source network load storage and multi energy complementary development, and actively carries out pumped storage, energy storage, hydrogen energy and other businesses. At the same time, the company invests in relevant industries with high correlation with new energy business, complementary advantages and strategic synergy, and has basically formed a business pattern of mutual support and coordinated development of wind power, Cecep Solar Energy Co.Ltd(000591) , strategic investment and so on. At present, the company’s business has covered 30 provinces and regions in China, and its installed capacity and profitability rank among the first echelon of Shanxi Guoxin Energy Corporation Limited(600617) enterprises.
