CGN NEW ENERGY (01811) Reports 3.5% YoY Decline in Power Generation for First 10 Months of 2025

Stock News
11/11

CGN NEW ENERGY (01811) announced that in October 2025, the group's power generation reached 1,546.6 GWh on a consolidated basis, representing a 7.4% year-on-year decrease compared to 2024. By segment, China's wind power projects saw an 8.3% decline, while solar projects grew 43.0%. Hydropower projects in China increased by 3.6%, while South Korean projects decreased 16.1%.

For the ten-month period ending October 31, 2025, the group's cumulative power generation totaled 15,753.4 GWh, down 3.5% year-on-year. Breakdown shows China's wind power projects fell 2.8%, solar projects rose 27.6%, gas projects increased 9.4%, and hydropower projects dropped 10.9%. South Korean projects declined 11.9% during the same period.

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