CGN New Energy Reports 5.7% Increase in April 2025 Power Generation Despite Technical Overhauls

Reuters

05-15

CGN New Energy Reports 5.7% Increase in April 2025 Power Generation Despite Technical Overhauls

CGN New Energy Holdings Co. Ltd. has released a trading update regarding its power generation for April 2025. The company reported a total power generation of 1,677.7 GWh for the month, marking a 5.7% increase compared to April 2024. Despite this overall growth, certain projects faced challenges; the Yulchon I gas-fired project in Korea underwent technical improvements, and the Daesan biomass project was under annual overhaul, contributing to a year-on-year decrease in power generation for these specific projects. The report also highlighted significant increases in power generation from PRC wind and solar projects, with growths of 18.1% and 15.5% respectively, while PRC hydro projects saw a 56.9% decrease. Over the first four months of 2025, the group's accumulated power generation was 6,448.7 GWh, a 1.5% decrease from the same period in 2024. Investors are advised to exercise caution when dealing with the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CGN New Energy Holdings Co. Ltd. published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.

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Ltd. has released a trading update regarding its power generation for April 2025. The company reported a total power generation of 1,677.7 GWh for the month, marking a 5.7% increase compared to April 2024. Despite this overall growth, certain projects faced challenges; the Yulchon I gas-fired project in Korea underwent technical improvements, and the Daesan biomass project was under annual overhaul, contributing to a year-on-year decrease in power generation for these specific projects. The report also highlighted significant increases in power generation from PRC wind and solar projects, with growths of 18.1% and 15.5% respectively, while PRC hydro projects saw a 56.9% decrease. Over the first four months of 2025, the group's accumulated power generation was 6,448.7 GWh, a 1.5% decrease from the same period in 2024. 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Ltd. published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL6XMXXY:1","article_id":"2535115851","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535115851","pubTimestamp":1747281755,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CGN New Energy Holdings Co. 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The report also highlighted significant increases in power generation from PRC wind and solar projects, with growths of 18.1% and 15.5% respectively, while PRC hydro projects saw a 56.9% decrease. Over the first four months of 2025, the group's accumulated power generation was 6,448.7 GWh, a 1.5% decrease from the same period in 2024. Investors are advised to exercise caution when dealing with the company's securities.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CGN New Energy Holdings Co. 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