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Express News | China Three Gorges Renewables 2024 Power Generation up 30.4% to 72.0 Bln Kwh
Express News | China Three Gorges Renewables Q4 Power Generation up 27.6% Y/Y to 19.3 Bln Kwh
China Three Gorges Energy (600905.SH): The total power generation in the fourth quarter was 19.329 billion kilowatt-hours, a year-on-year increase of 27.62%.
On January 10, Gelonghui reported that Three Gorges Energy (600905.SH) announced that, according to the company's preliminary Statistics, as of December 31, 2024, the total power generation in the fourth quarter of 2024 was 19.329 billion kilowatt hours, an increase of 27.62% compared to the same period last year. Among them, the power generation from wind was 12.937 billion kilowatt hours, a year-on-year increase of 17.83% (onshore wind power generation was 7.973 billion kilowatt hours, an increase of 14.34% compared to the same period last year; offshore wind power generation was 4.964 billion kilowatt hours, an increase of 23.91% compared to the same period last year); CECEP Solar Energy completed power generation.
As of the end of November, Three Gorges Energy (600905.SH) has a total scale of approximately 20 million kilowatts in construction projects.
On January 9, Gelonghui reported that Three Gorges Energy (600905.SH) disclosed the investor relations activity record. As of the end of November 2024, the company's scale of ongoing projects is approximately 20 million kilowatts, with the ratio of offshore wind, onshore wind, and photovoltaic about 1:2:7, aiming for a new grid connection of 5 million kilowatts for the whole year.
Three Gorges Energy (600905.SH): The company will unwaveringly focus on the large-scale development of offshore wind Energy.
On January 9, Glonghui reported that Three Gorges Energy (600905.SH) disclosed its investor relations activity record, showing that by the end of September, the company had a total installed capacity of offshore wind power of 5.6864 million kilowatts. The company will unwaveringly focus on the large-scale development of offshore wind power, solidly advancing in technology innovation, industrial upgrading, and management enhancement, continuously improving the core capabilities of the entire offshore wind power chain. Guided by the company's 14th Five-Year Plan, it will maintain its leading advantage in the large-scale development of offshore wind power.
Soochow: Optimize the Electrical Utilities system adjustment capacity and accelerate the construction of a new type of Electrical Utilities system.
As the development of green electricity continues to advance in quality, construction investment is stabilizing. With the enhancement of reasonable consumption and utilization capacity, the absorption of New energy Fund is expected to be optimized between 2025 and 2027.
China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Subdued P/E Might Signal An Opportunity
