China is the world’s biggest investor in renewable energy, pledging to spend up to US$360 billion by 2020. In the first half of 2017, it added 24 giga-watts of solar capacity, which is more than half of the 30 giga-watts added for all of last year. Photo: Xinhua

Datang International Power posts 36pc first-half profit drop on higher coal costs and lower power prices

The power generator says the profit decline was primarily due to surge in coal prices and a bigger portion of power sales being subjected to market competition

Topic |   Hong Kong company reporting season

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China is the world’s biggest investor in renewable energy, pledging to spend up to US$360 billion by 2020. In the first half of 2017, it added 24 giga-watts of solar capacity, which is more than half of the 30 giga-watts added for all of last year. Photo: Xinhua
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