CGN New Energy Reports April 2025 Power Generation Increase

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

CGN New Energy Holdings Co., Ltd. reported a 5.7% increase in power generation for April 2025 compared to the same period in 2024, reaching 1,677.7 GWh. The growth was driven by significant improvements in wind and solar projects in China, despite decreases in hydro and Korean projects. The company’s accumulated power generation for the first four months of 2025 showed a slight decline of 1.5% compared to the previous year, with notable increases in wind and solar outputs but reductions in hydro and Korean project outputs. This update highlights the company’s strategic focus on expanding renewable energy capabilities, though it faces challenges in hydro and Korean sectors.

More about CGN New Energy Holdings Co., Ltd.

CGN New Energy Holdings Co., Ltd. is a company incorporated in Bermuda with limited liability, focusing on the renewable energy sector. The company is involved in power generation projects, including wind, solar, hydro, and gas-fired projects, primarily in the People’s Republic of China and Korea.

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Technical Sentiment Signal: Buy

Current Market Cap: HK$10B

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