CGN New Energy Holdings Co., Ltd. (HK:1811) has released an update.
CGN New Energy Holdings Co., Ltd. reported a significant 30.9% increase in power generation for September 2024 compared to the same month in 2023, driven by substantial growth in wind and solar projects. Despite a decrease in cogen and gas-fired projects, the total accumulated power generation for the first nine months of 2024 also saw a slight rise of 1.4%. Factors contributing to these increases included favorable wind speeds, expanded solar project capacity, and higher electricity demand in Korea.
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