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Huaneng Power International ( (HK:0902) ) has shared an announcement.
Huaneng Power International announced its electricity sales figures for 2024, showing a slight increase in total electricity sold, attributed to its emphasis on green and low-carbon energy development. While the average on-grid electricity settlement price fell, the company’s strategic enhancement of renewable energy capacities, such as wind and photovoltaic, led to a notable rise in sales from these sources. However, the market-based electricity sales percentage slightly decreased, indicating a shift in the company’s operational strategies to optimize thermal power units for efficiency amidst growing demand for new energy.
More about Huaneng Power International
Huaneng Power International, Inc. is a leading company in the energy sector, focusing on the production and sale of electricity primarily within China. The company is actively involved in expanding its green and low-carbon energy sources, particularly in wind and photovoltaic power generation.
YTD Price Performance: -5.87%
Average Trading Volume: 12,447
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.71B
Learn more about 0902 stock on TipRanks’ Stock Analysis page.
