How can thousands of villages control the wind? The trillion-dollar new market is expected to have many blockages and pain points to be solved
The National Development and Reform Commission, the National Energy Administration, and the Ministry of Agriculture and Rural Affairs recently jointly issued the “Notice on Organizing and Carrying Out the “Operation to Control the Wind in Thousands of Villages”. How will this action be implemented in the future?
“ESG Weekly”: How can wind power companies lead the green transformation wave?
The vast sky, the blue sea and the sky. As wind power blows, the long arms of the white “big windmill” with smooth, smooth and shiny lines slowly rotate. As a result, wind turbines convert wind energy into electricity and feed it to thousands of households.
Changjiang Securities: Wind power market sentiment picked up in March and is expected to drive sector recovery in the second quarter
Changjiang Securities released a research report stating that market sentiment has picked up since March. The superposition is about to enter the second quarter, and construction of the Sea Breeze project has started one after another, driving the sector to recover.
Integrated Project Crucial in Green Power Leap
China's largest integrated wind-solar-storage demonstration project will play a key role in fully taking advantage of the green power produced locally while meeting the electricity needs of large enterprises, industry experts said.
Express News | CITIC Construction Investment: Decentralized wind power is expected to become an important gripper for the sustainable development of land winds in the future
Increased policies directly hit the pain points of the industry! This industry is expected to take advantage of the wind
Recently, the direction of wind power has ushered in another major advantage. The National Development and Reform Commission, the National Energy Administration, the Ministry of Agriculture and Rural Affairs, and the three ministries and commissions jointly issued the “Notice on Organizing and Implementing the “Wind Management Action in Thousands of Villages”, which may open up incremental space in the distributed wind power market and accelerate the overall cycle reversal of the industry.
Huajin Securities: The logic of increasing investment in the rural wind power policy has changed from cyclical to growth
The decentralized wind power market has great potential to effectively support future installations.
Ruifeng New Energy (00527) announces 2023 annual results. Shareholders' share loss of 109 million yuan narrowed 29.46% year-on-year
According to the Zhitong Finance App, Ruifeng New Energy (00527) announced the results for the year ended December 31, 2023. The group achieved revenue of 344 million yuan (RMB, same below) during the period, an increase of 12.93% over the previous year; loss attributable to the company's owners was 109 million yuan, a year-on-year decrease of 29.46%; and the basic loss per share was 0.099 yuan. According to the announcement, gross profit for the year ended December 31, 2023 was approximately 126 million yuan (2022: approximately RMB 64.114 million), mainly from the operation of the Group's wind power business. Gross for the year ended 31 December 2023
RUIFENG RENEW: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
New Energy Revitalizes China's Coal-mining Subsidence Areas
he former coal mining hub in North China's Shanxi province, which was once abandoned and shrouded in silence, is now buzzing with machines and workers bracing the cold winds.
China Ruifeng Renewable Energy Expects Losses to Shrink in 2023
China Ruifeng Renewable Energy Holdings (HKG:0527) expects a lower loss of about 100 million yuan for the year ended Dec. 31, 2023, compared with 162 million yuan in the previous year, according to a
Ruifeng New Energy (00527.HK): The comprehensive loss is expected to not exceed 100 million yuan in 2023
Gelonghui March 22 | Ruifeng New Energy (00527.HK) announced that the Group expects to record a reduction in comprehensive losses for the year ending December 31, 2023, from an annual comprehensive loss of about RMB 162 million in 2022 to a comprehensive loss of no more than RMB 100 million for the current year. The Group's full-year results are yet to be implemented. The Board of Directors believes that the improvement in financial performance for this year is mainly due to: (i) an increase in revenue of approximately RMB 39 million due to increased electricity sales (2022: RMB 304 million); (ii) there is no confirmation of impairment of property, plant and equipment
RUIFENG RENEW: POSITIVE PROFIT ALERT
Huatai Securities: It is expected that 1Q24 thermal power profits will continue to recover and nuclear power performance is steady
Huatai Securities released a 1Q24 outlook for the public environmental protection industry, stating that in the face of continuous growth in thermal power generation and a year-on-month decline in coal prices, 1Q24 thermal power profits are expected to continue to recover; nuclear power generation has increased year-on-year, and performance is expected to grow.
CITIC Construction Investment Securities: How to evaluate changes in the wind power industry after the consumption situation improves?
The Zhitong Finance App learned that CITIC Construction Investment Securities released a research report saying that domestic wind power consumption bottlenecks may be opened, which will bring more room for new domestic wind power installations. There is some room for improvement in wind power installations in 2024. It is estimated that 95 GW of new wind power installations will be added in 2024, an increase of 25% over the previous year.
State Assets Administration Commission: Promote continuous optimization of the energy structure and advance deployment of research on strategic cutting-edge technologies such as advanced energy storage
① It is necessary to promote continuous optimization of the energy structure, give full play to the advantages of central enterprises, strengthen and improve the main business and improve efficiency; ② concentrate efforts on breaking through a number of key major technical equipment, deploy and research advanced strategic cutting-edge technologies such as advanced energy storage ahead of schedule; ③ accelerate the construction of new energy infrastructure, promote intelligent transformation of power grid infrastructure and smart microgrid construction, and focus on improving the power grid's ability to accept, allocate and control clean energy.
Ruifeng New Energy (00527.HK) plans to hold a board meeting on March 28 to consider and approve the annual results
Gelonghui, March 18, 丨 Ruifeng New Energy (00527.HK) announced that the board meeting will be held on March 28, 2024 (Thursday) to consider and approve (including) the annual results of the company and its subsidiaries for the year ended 31 December 2023, consider the proposed payment of a final dividend (if any), and deal with other matters.
RUIFENG RENEW: DATE OF BOARD MEETING
Express News | National Bureau of Statistics: Investments in solar power generation and wind power generation increased by 46.4% and 17.7%, respectively, in January-February
Express News | CITIC Construction Investment: New wind power installations are expected to reach 95GW in 2024, an increase of 25% over the previous year
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