CGN New Energy Holdings Co., Ltd. (HK:1811) has released an update.
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CGN New Energy Holdings Co., Ltd. reported a decline in power generation for November 2024, with a total output of 1,360.8 GWh, marking an 18% decrease from the previous year. While solar and hydro projects in China saw growth, with increases of 8.9% and 72.6% respectively, wind, cogen, and gas-fired projects faced declines. Despite the November downturn, the company’s overall power generation for the first eleven months of 2024 rose by 1.7% compared to the same period in 2023.
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