GGEP completed a total power generation of 16.219 billion kilowatt-hours in the first half of the year, a year-on-year decrease of 7.74%
GGEP announced that the cumulative power generation in the first half of 2025 was 16.219 billion kilowatt-hours, a year-on-year decrease of 7.74%. Among them, hydropower was 13.522 billion kilowatt-hours, a year-on-year decrease of 6.08%; thermal power was 890 million kilowatt-hours, a year-on-year decrease of 45.30%; wind power was 1.092 billion kilowatt-hours, a year-on-year decrease of 5.78%; and photovoltaic power was 715 million kilowatt-hours, a year-on-year increase of 80.56%. The main reasons include the delayed inflow of water in the hydropower plant basin and the impact of increased installed capacity of thermal power in Guangxi
According to the announcement from GGEP (600236.SH), as of June 30, 2025, the company's direct and holding power plants have cumulatively generated 16.219 billion kilowatt-hours of electricity in the first half of 2025, a year-on-year decrease of 7.74%. Among them: hydropower 13.522 billion kilowatt-hours, a year-on-year decrease of 6.08%; thermal power 890 million kilowatt-hours, a year-on-year decrease of 45.30%; wind power 1.092 billion kilowatt-hours, a year-on-year decrease of 5.78%; photovoltaic 715 million kilowatt-hours, a year-on-year increase of 80.56%.
The main reasons for the year-on-year decline in the company's electricity generation in the first half of 2025 are: first, the inflow of water in the basins of the company's main hydropower plants was relatively late compared to the previous year, affecting the electricity generation in the first half of the year; second, due to the rapid growth of installed capacity in Guangxi, the space for the company's thermal power generation was squeezed, leading to a year-on-year decline in thermal power generation
