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China Longyuan Power Group ( (HK:0916) ) has provided an update.
In January 2025, China Longyuan Power Group reported a consolidated power generation of 6,392,192 MWh, marking an 8.56% year-on-year decrease, largely due to the company’s cessation of coal power operations. Despite the overall decline, wind power generation increased by 2.37% and PV power generation saw a significant rise of 47.18%, indicating a positive shift towards renewable energy and potentially strengthening their position in the clean energy market.
More about China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a company operating in the new energy sector, primarily focusing on wind and photovoltaic (PV) power generation. The company is strategically shifting away from coal power generation, demonstrating a commitment to renewable energy sources.
YTD Price Performance: -11.15%
Average Trading Volume: 1,595
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $13.74B
See more data about 0916 stock on TipRanks’ Stock Analysis page.
