China Longyuan Power's (HKG:0916, SHE:001289) power generation stood at a little over 6.3 million megawatt-hours in February, down 2.3% from a year prior, a Tuesday filing with the Hong Kong bourse said.
Of this, wind and PV power generation logged a 2.8% and 80.5% increase, respectively.
The overall decline is down to the absence of coal power generation in the month as the power company ceased to own coal power consolidated installed capacity from October 2024.
For the two months ended Feb. 28, power output fell by 5.6% year over year to 12.7 million megawatt-hours, with wind and PV power generations seeing a 2.6% and 62.8% rise.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.