Zhejiang Provincial New Energy(SH:600032) Shang Hai Zheng Quan Bao·2026-01-16 18:47Group 1: 2025 Power Generation Performance - In Q4 2025, the company's total power generation reached 2.473 billion kWh, a 6.24% increase year-on-year [1] - Hydropower generation was 490 million kWh, up 16.01% from the previous year [1] - Photovoltaic generation was 800 million kWh, a 10.95% increase, with existing projects generating 769 million kWh (up 6.67%) and new projects contributing 31 million kWh [1] - Wind power generation totaled 1.183 billion kWh, a slight decrease of 0.11%, with onshore wind power increasing by 25.95% to 594 million kWh, while offshore wind power decreased by 17.36% to 589 million kWh [1] Group 2: Annual Power Generation Summary - For the entire year of 2025, the company's total power generation was 11.159 billion kWh, reflecting a 6.56% increase compared to the previous year [2] - Hydropower generation for the year was 2.656 billion kWh, a modest increase of 1.12% [2] - Photovoltaic generation reached 3.903 billion kWh, a significant increase of 19.09%, with existing projects generating 2.894 billion kWh (down 11.70%) and new projects contributing 1.009 billion kWh [2] - Wind power generation for the year was 4.600 billion kWh, a slight increase of 0.69%, with onshore wind power at 2.316 billion kWh (up 6.79%) and offshore wind power at 2.283 billion kWh (down 4.83%) [2]