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CGN New Energy Reports Mixed February 2025 Power Generation Results

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CGN New Energy Reports Mixed February 2025 Power Generation Results

CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) has provided an announcement.

CGN New Energy Holdings Co., Ltd. reported a 1.8% increase in power generation for February 2025 compared to the same month in 2024, with a notable rise in solar and Korean projects, despite declines in wind, cogen, gas-fired, and hydro projects. The overall power generation for the first two months of 2025 decreased by 3.2% year-on-year, reflecting mixed performance across different energy segments, which may influence the company’s strategic focus and operational adjustments in the renewable energy market.

More about CGN New Energy Holdings Co., Ltd.

CGN New Energy Holdings Co., Ltd. operates in the renewable energy sector, focusing on power generation through wind, solar, cogen, gas-fired, and hydro projects. The company is involved in both the Chinese and Korean markets, with a diverse portfolio aimed at sustainable energy solutions.

YTD Price Performance: -1.63%

Average Trading Volume: 6,074,445

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$10.08B

For detailed information about 1811 stock, go to TipRanks’ Stock Analysis page.

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