GD Power Reports 5.75% Increase in Q1 Power Generation to 105.985 Billion kWh

Stock News04-17

GD Power Development Co., Ltd. (600795.SH) has released an announcement with preliminary statistics. From January to March 2026, the company's power generation volume on a consolidated basis reached 105.985 billion kilowatt-hours. The volume of electricity sold to the grid amounted to 100.426 billion kilowatt-hours. This represents a year-on-year increase of 5.75% and 5.78%, respectively. Electricity traded through market-based mechanisms accounted for 96.06% of the total electricity sold. The average on-grid electricity price was 395.48 yuan per thousand kilowatt-hours.

As of March 31, 2026, the company's installed capacity on a consolidated basis stood at 127,949.1 megawatts. This capacity is composed of 82,673 megawatts from thermal power, 15,190.6 megawatts from hydropower, 10,622.3 megawatts from wind power, and 19,463.2 megawatts from photovoltaic power. During the first quarter of 2026, the company increased its installed capacity for thermal power by 400 megawatts, for hydropower by 60 megawatts, and for new energy (wind and solar) by 700.5 megawatts.

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