Zheng Quan Ri Bao Wang·2025-10-14 13:40Core Insights - The operating data from several power companies in Shanghai shows significant growth in clean energy generation, with double-digit increases in wind, solar, hydro, nuclear, and energy storage sectors, indicating a robust industry outlook for the fourth quarter [1][2][3] Group 1: Company Performance - Huaneng Lancang River Hydropower Co., Ltd. reported a power generation of 96.266 billion kWh in the first three quarters, a year-on-year increase of 11.90%, with grid electricity reaching 95.490 billion kWh, up 12.02% [1] - Guangxi Guiguan Electric Power Co., Ltd. achieved a total power generation of 31.848 billion kWh in the first three quarters, marking a 14.89% increase, with hydro power contributing 28.157 billion kWh, up 21.93% [1] - China Three Gorges New Energy Co., Ltd. reported a total power generation of 17.440 billion kWh in Q3, a 5.78% increase, with wind power at 9.623 billion kWh, up 4.85%, and solar power at 7.651 billion kWh, up 12.93% [2] - China National Nuclear Power Co., Ltd. achieved a cumulative operational power generation of 184.364 billion kWh in the first three quarters, a 14.95% increase, with grid electricity at 174.095 billion kWh, up 15.20% [2] Group 2: Industry Outlook - The upcoming winter peak in electricity demand is expected to further boost power generation, with hydro companies benefiting from abundant water supply and nuclear power providing stability [3] - The acceleration of new installations in wind and solar projects, along with improved cash flow from renewable energy price recovery, is anticipated to support steady growth in the fourth quarter [3] - The rapid development of energy storage will enhance grid regulation capabilities, aiding in the balancing of renewable energy generation [3]