Datang Power Reports Solid Growth in Green Energy
Company Announcements

Datang Power Reports Solid Growth in Green Energy

Datang International Power Generation Co (HK:0991) has released an update.

Datang International Power Generation Co. has reported a 4.43% year-on-year increase in total on-grid power generation for the first half of 2024, reaching approximately 122.4 billion kWh. Notably, there was significant growth in hydropower and new energy sources, with hydropower generation increasing by 41.34% and photovoltaic power by 48.45%, despite a slight decrease in coal-fired and gas turbine generation. Concurrently, the average on-grid tariff dropped by 4.70%, with market-based electricity transactions making up approximately 85.74% of the total.

For further insights into HK:0991 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskDatang International Announces Major Asset Impairments
TipRanks HongKong Auto-Generated NewsdeskDatang Power Reports Strong Profit Growth in 2024
TipRanks HongKong Auto-Generated NewsdeskDatang International Reveals Board Structure
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!