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Shandong Hi-Speed New Energy Reports 8.9% Increase in January Power Generation

Story Highlights
  • Shandong Hi-Speed New Energy saw an 8.9% rise in January 2025 power generation.
  • Wind power generation increased by 16.3%, boosting overall output despite a dip in solar power.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) just unveiled an update.

Shandong Hi-Speed New Energy Group Limited announced a significant increase in power generation for January 2025, with a total of approximately 529,894 MWh generated, marking an 8.9% rise compared to the same period in 2024. This growth was driven by a 16.3% increase in wind power generation, despite a slight decline in photovoltaic power output. The announcement highlights the company’s expanding footprint in the renewable energy sector and its commitment to enhancing energy production capabilities.

More about Shandong Hi-Speed New Energy Group Limited

Shandong Hi-Speed New Energy Group Limited operates in the renewable energy sector, focusing on the development and management of photovoltaic and wind power plants. The company is involved in various projects across multiple provinces in China, as well as in Southern Australia.

YTD Price Performance: -12.57%

Average Trading Volume: 349,272

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$3.44B

Learn more about 1250 stock on TipRanks’ Stock Analysis page.

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