CGN New Energy Holdings Co., Ltd. (HK:1811) has released an update.
CGN New Energy Holdings Co., Ltd. reported a 4.7% decrease in power generation in May 2024 compared to the previous year, attributing the decline to a significant drop in wind speeds and increased power rationing. Despite the overall downturn, the company saw substantial increases in solar, cogen, gas-fired, and hydro projects, with solar power production jumping 35.3%. These figures are preliminary and unaudited, serving as an informational guide for investors.
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