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The installed capacity of wind and solar power generation in our country has historically exceeded that of thermal power.
On April 25, news emerged that the CHINA POWER Enterprise Union released the "2025 Q1 National Power Supply and Demand Situation Analysis and Forecast Report" today. According to the report, by the end of the first quarter, the total installed capacity of grid-connected wind power and CECEP Solar Energy in China reached 1.48 billion kilowatts, historically surpassing the scale of thermal power installation. In the future, as wind and solar photovoltaic power continue to grow rapidly, it will become commonplace for installed capacity of wind and solar power to exceed that of thermal power. The report pointed out that in terms of power generation supply, in the first quarter, the national newly added power generation installed capacity was 85.72 million kilowatts, an increase of 16.29 million kilowatts year-on-year, of which the combined new installed capacity of wind and solar power was 74.33 million kilowatts.
CECEP Solar Energy: 2024 Annual Report
CECEP Solar Energy: Summary of the 2024 Annual Report
CECEP Solar Energy (000591.SZ) released its 2024 annual performance, with a net income of 1.225 billion yuan, a year-on-year decrease of 22.38%.
CECEP Solar Energy (000591.SZ) released its annual report for 2024, during the reporting period, the company achieved revenue of 60...
The USA is poised to impose high anti-dumping and countervailing duties on solar energy products imported from four Southeast Asian countries.
The USA has imposed new tariffs of up to 3521% on solar products from four Southeast Asian countries, marking a victory for domestic manufacturers and making the development of Wind Power in the USA even more challenging. The tariff decision announced on Monday is the result of a year-long trade investigation, which found that solar manufacturers in Cambodia, Vietnam, Malaysia, and Thailand unfairly benefited from government subsidies and sold products to the USA at prices below production costs. This investigation was conducted at the request of domestic solar manufacturers, initiated during the tenure of former President Biden. While the tariffs are likely to benefit USA manufacturing.
DBS: Upgrades HUANENG POWER rating to "Buy" with a Target Price raised to 5.2 Hong Kong dollars.
DBS has released a Research Report stating that it has upgraded the rating of HUANENG POWER (00902) from 'Hold' to 'Buy,' with the Target Price raised from HKD 4.4 to HKD 5.2, estimating that the company's earnings will grow by 43% in the fiscal year 2025, primarily supported by reduced fuel costs. The report mentions that after adding 9.7 gigawatts of installed capacity in the fiscal year 2024, HUANENG POWER plans to add approximately 14 gigawatts of clean energy installed capacity in the fiscal year 2025, of which about 10 gigawatts will be Wind Energy or CECEP Solar Energy. The bank estimates that this will increase the company's electricity generation by 6% in the fiscal year 2025. Assuming the average electricity price falls by 4.5% to 10.
CECEP Solar Energy Co.,Ltd.'s (SZSE:000591) Has Had A Decent Run On The Stock Market: Are Fundamentals In The Driver's Seat?
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