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CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) just unveiled an announcement.
CGN New Energy Holdings Co., Ltd. reported a 1.7% increase in power generation for May 2025 compared to the same month in 2024, totaling 1,723.3 GWh. This growth was driven by significant increases in wind and solar power generation, while cogen, gas-fired, hydro, and Korean projects saw declines. The accumulated power generation for the first five months of 2025 was 8,171.0 GWh, a slight decrease of 0.8% from the previous year, reflecting challenges in certain project areas such as the completion of an equity transfer and ongoing technical improvements.
More about CGN New Energy Holdings Co., Ltd.
CGN New Energy Holdings Co., Ltd. is a company incorporated in Bermuda with limited liability, primarily engaged in the renewable energy sector. The company focuses on power generation through various energy sources, including wind, solar, cogen, gas-fired, and hydroelectric projects, with operations in the People’s Republic of China and Korea.
Average Trading Volume: 6,586,257
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.34B
For detailed information about 1811 stock, go to TipRanks’ Stock Analysis page.