Concord New Energy Group Ltd. Expands Capacity with 191 MW of New Wind and Solar Power Projects
Reuters
Aug 01
<a href="https://laohu8.com/S/CWPWF">Concord New Energy Group Ltd.</a> Expands Capacity with 191 MW of New Wind and Solar Power Projects
Concord New Energy Group Ltd. has announced significant strides in its expansion efforts as part of its strategy to enhance profitability and ensure growth quality. Despite challenges such as increased curtailment and declining electricity prices, the company has adjusted its business strategies to prioritize efficiency and value creation. The Group has focused on strengthening its power trading capabilities, particularly in electricity marketing and green power transactions. These efforts have resulted in a 26% year-on-year increase in green electricity transaction volume. Additionally, Concord New Energy is actively developing its global business, with these initiatives beginning to yield promising results. The Group's Chairman, Mr. Liu Shun Xing, emphasized the importance of these operational adjustments and the ongoing commitment to delivering significant profit to shareholders.
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