Shandong Hi-Speed New Energy Reports Growth in Power Generation for 2024

An update from Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) is now available.

Shandong Hi-Speed New Energy Group Limited reported a 4.9% increase in power generation for December 2024 compared to the previous year, totaling approximately 451,835 MWh. For the entire year, the company’s power generation rose by 13.4%, reaching approximately 6,402,635 MWh. Despite a slight decrease in operating power generation for December, the annual figure showed a 4.6% increase. This growth in power generation underscores the company’s strengthening position in the renewable energy market, potentially benefiting stakeholders by enhancing operational capacity and market competitiveness.

More about Shandong Hi-Speed New Energy Group Limited

Shandong Hi-Speed New Energy Group Limited operates in the renewable energy sector, focusing on power generation through photovoltaic and wind power plants. The company is involved in managing and holding energy projects, with a market focus on sustainable energy solutions.

YTD Price Performance: -4.00%

Average Trading Volume: 417,584

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.77B

For a thorough assessment of 1250 stock, go to TipRanks’ Stock Analysis page.