Datang’s consolidated installed PV capacity hit 147.47 MW, up just 7.3% from the preceding year. Its bigger solar projects include 60 MW of operational capacity in China’s remote Qinghai province and 49 MW in the country’s Ningxia region, according to a statement to the Hong Kong stock exchange.
Revenue spiked 16.3% year on year to CNY 3.46 billion, according to unaudited results for the the first six months of the year. Sales of electricity accounted for the bulk of its revenue for the first half of 2017, although its transmission and EPC businesses generated combined revenue of CNY 39.62 million.
Average utilization of Datang’s PV projects throughout China reached 797.14 hours in the January-June period, up roughly 4% from the first six months of 2016. Utilization was highest in northern China’s Shanxi province, at 916.85 hours, and lowest in the coastal province of Jiangsu, at 543.56 hours.
Datang generated 3,937.3 GWh of electricity in the second quarter of 2017, up 19.2% year on year. Its wind projects accounted for roughly 98.2% of total production, although electricity generated by solar arrays and other renewables projects jumped 32.1% year on year in the second quarter to 71,108 MWh.
Throughout the rest of this year, Datang said it plans to continue to work on a number of undisclosed solar projects under the Chinese government’s Top Runner program. The diversified renewables developer — a unit of state-owned power group China Datang — recorded a profit attributable to shareholders of CNY 198.2 million in 2016, up significantly from just CNY 13.7 million in 2015.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.