In the first quarter, GGEP achieved a cumulative power generation of 7.449 billion kilowatt-hours, a year-on-year increase of 4.78%
I'm LongbridgeAI, I can summarize articles.GGEP announced that as of March 31, 2025, the company's cumulative power generation in the first quarter reached 7.449 billion kilowatt-hours, an increase of 4.78% year-on-year. Among them, hydropower generation was 6.315 billion kilowatt-hours, an increase of 23.90% year-on-year; thermal power generation was 296 million kilowatt-hours, a decrease of 75.25% year-on-year; wind power generation was 551 million kilowatt-hours, a decrease of 17.02% year-on-year; and photovoltaic power generation was 287 million kilowatt-hours, an increase of 88.82% year-on-year. The main reasons for the growth include increased inflow in hydropower plant basins and the expansion of new energy installed capacity
According to the announcement from GGEP (600236.SH), as of March 31, 2025, the company's direct and holding power plants have cumulatively generated 7.449 billion kilowatt-hours of electricity in the first quarter of 2025, a year-on-year increase of 4.78%. Among them: hydropower generated 6.315 billion kilowatt-hours, a year-on-year increase of 23.90%; thermal power generated 296 million kilowatt-hours, a year-on-year decrease of 75.25%; wind power generated 551 million kilowatt-hours, a year-on-year decrease of 17.02%; and photovoltaic power generated 287 million kilowatt-hours, a year-on-year increase of 88.82%.
The main reasons for the year-on-year growth in the company's electricity generation in the first quarter of 2025 are: first, the inflow of water in the basins of the company's main hydropower plants increased year-on-year, leading to a year-on-year increase in electricity generation; second, the company has vigorously promoted the development of wind and photovoltaic power, resulting in a year-on-year increase in the installed capacity of new energy and corresponding growth in electricity generation