NewsFlash / Cobalt & Lithium / Huaneng Power International's 2025 New Energy Project Capital Expenditure Expected to Surpass 50 Billion Yuan
Huaneng Power International's 2025 New Energy Project Capital Expenditure Expected to Surpass 50 Billion Yuan
iconApr 9, 2025 19:01
Source:SMM
Huaneng Power International's 2025 New Energy Project Is Expected to Exceed 50 Billion Yuan in Capital Expenditure. Huaneng Power International, Inc. plans to invest over 50 billion yuan in new energy projects by 2025. The company aims to establish large-scale clean energy bases in the "Three North" regions, coastal areas such as Liaoning, Shandong, Jiangsu, Zhejiang, and Guangdong, as well as central regions with favorable new energy resources. These bases will be characterized as base-type, clean-type, complementary-type, intensive, digital, and standardized, focusing on promoting energy structure transformation. In 2024, Huaneng Power International's capital expenditure for new energy projects was 44.8 billion yuan, with a controllable installed capacity of 9,417.7 MW for newly commissioned new energy projects. The proportion of low-carbon clean energy installed capacity exceeded 35%. By the year-end of 2024, Huaneng Power International's wind power installed capacity reached 18,109 MW, and solar power installed capacity reached 19,836 MW.

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