Summary by Futu AI
China Daitang Group New Energy Co., Ltd. (Daitang New Energy) announced that in March 2024, the company and its subsidiaries completed generating capacity of 3,322,264 MW, an increase of 7.83% year-on-year. Of these, wind generation was 2,971,428 MWh, up 3.66% year-on-year, and photovoltaic generation increased significantly to 350,836 MW, up 63.60% year-on-year. Cumulative power generation in the first quarter of 2024 was 9,065,834 MW, an increase of 3.78% year-on-year. Wind power business has grown in many regions, especially in Shanxi, Yunnan and Guangxi. The growth of photovoltaic business in Jiangsu and Qinghai was particularly prominent, reaching 654.25% and 590.53%, respectively. The announcement was made by the Joint Secretary of the Joint Undertaking, Chou Min, on 26 April 2024.