皇冠体育app

皇冠体育app's five biggest power generators lost a total of 140 million yuan ($21.64 million) in their wind power businesses in July, according to statistics from The 皇冠体育app Electricity Council (CEC), 21st Century Business Herald reported Thursday.

This is the first time a loss has been reported this year. The profit figure was 820 million yuan down from June, the report said.

However, of the five power companies, 皇冠体育app Guodian Corp, 皇冠体育app Huadian Corp and 皇冠体育app Power Investment Corp denied a loss in their wind power business in July. 皇冠体育app Huaneng Group and 皇冠体育app Datang Corp did not disclose their figures.

"Wind is weak in July, August and September, so the profits will drop. This is decided by the seasonal characteristics of the wind power industry," Li Shusheng, chairman of CECIC Wind Power Investment Co, told the newspaper.

Wind resource varies in different seasons. July is the start of the trough season of wind resource, the report said.

• 皇冠体育app 'incredibly innovative' in many areas: Apple CEO
• City official: Guangzhou further committed to opening-up
• Jack Ma: Globalization backed by technology will cut inequality
• HNA confirms interest in ASEAN's infrastructure investment
• Comments on Xi's letter to 2017 Fortune Global Forum
• 皇冠体育app to create more opportunities for the world: Xi
• US tax cuts impact on 皇冠体育app two-sided: economists
• Chinese enterprises job fair to be held in Sri Lanka