tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Huaneng Power International Reports Decline in Electricity Sales Amid Green Transition

Story Highlights
Huaneng Power International Reports Decline in Electricity Sales Amid Green Transition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Huaneng Power International ( (HK:0902) ) just unveiled an announcement.

Huaneng Power International reported a decrease in electricity sales for the first three quarters of 2025, with a total of 331.451 billion kWh sold, down 2.87% from the previous year. This decline is attributed to the company’s strategic shift towards green and low-carbon energy, with increased capacity in wind and photovoltaic power, which has reduced the generation space for coal-fired plants. Despite the overall decrease, there was notable growth in renewable energy generation, particularly in photovoltaic and biomass power.

The most recent analyst rating on (HK:0902) stock is a Sell with a HK$4.85 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.

More about Huaneng Power International

Huaneng Power International, Inc. is a major player in the energy sector, primarily focused on the generation and sale of electricity. The company operates a diverse portfolio of power plants within the People’s Republic of China, including coal-fired, wind, photovoltaic, and other renewable energy sources.

Average Trading Volume: 37,292,590

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$114B

See more data about 0902 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1