tiprankstipranks
Trending News
More News >

China Power International Reports Growth in Renewable Energy Sales

Story Highlights
China Power International Reports Growth in Renewable Energy Sales

China Power International Development ( (HK:2380) ) just unveiled an update.

China Power International Development Limited reported an 8.03% increase in total electricity sales for February 2025 compared to the same month last year, with a total of 9,804,644 MWh sold. The company’s wind and photovoltaic power sectors saw significant growth, while coal-fired power experienced a decline. This shift in energy production reflects the company’s strategic focus on renewable energy sources, potentially impacting its market positioning and stakeholder interests.

More about China Power International Development

China Power International Development Limited is a company incorporated in Hong Kong, primarily engaged in the electricity industry. It operates various power plants, including hydropower, wind power, photovoltaic power, coal-fired power, natural gas power, and environmental power, focusing on the development and sale of electricity.

YTD Price Performance: -2.11%

Technical Sentiment Signal: Buy

Current Market Cap: $4.72B

Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App