China Longyuan Power Group ( (HK:0916) ) has shared an announcement.
In February 2025, China Longyuan Power Group reported a total power generation of 6,326,438 MWh, marking a 2.31% decrease compared to February 2024. This decline is attributed to the company’s cessation of coal power operations. However, wind and PV power generation saw year-on-year increases of 2.80% and 80.51%, respectively. For the year up to February 2025, total power generation was 12,718,630 MWh, a 5.56% decrease from the previous year, but excluding coal power, there was a 7.37% increase. This shift underscores the company’s strategic focus on renewable energy and its potential positive impact on its market positioning.
More about China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a leading company in the renewable energy industry, primarily focusing on wind and photovoltaic (PV) power generation. The company has transitioned away from coal power, emphasizing its commitment to sustainable energy solutions.
YTD Price Performance: -5.80%
Average Trading Volume: 970
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.54B
For detailed information about 0916 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com