March 20 (Renewables Now) - China Datang Corp Renewable Power Co Ltd (HKG:1798), which operates 8.35 GW of wind farms, on Friday reported a net profit of CNY 198.2 million (USD 28.7m/EUR 26.7m) for 2016.
The company has 8,497.92 MW of power capacity, including 8,345.5 MW of wind and 147.5 MW of solar. Performance details are available in the table.
|(in CNY million, unless specified)||2016||2015|
|Net profit to owners of the parent||198.2||13.7|
|Total generation (in GWh)||12,297||10,761|
Last year, Datang Renewable secured CNY 175.99 million in government grants, up from CNY 104.56 million in 2015, mainly due to growth in value-added tax refunds.
(CNY 10 = USD 1.45/EUR 1.35)