China Longyuan Power Boosts 2025 Renewable Output as Solar Surges Over 70%
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China Longyuan Power Group announced a significant increase in renewable energy output for 2025, with total generation reaching 76.47 million MWh, a 1.22% rise from 2024. Notably, renewable output excluding coal-fired power surged by 11.82%, driven by a 70.92% increase in photovoltaic (PV) generation and a 4.19% rise in wind power. The company is strategically positioned in China's renewable energy sector, focusing on transitioning away from coal. The latest analyst rating for its stock (HK:0916) is a Hold with a price target of HK$7.00.
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