华电新能(600930.SH):2025年全年累计完成发电量约1146.76亿千瓦时,同比增长约29.64%

Core Viewpoint - Huadian New Energy (600930.SH) reported significant growth in power generation for Q4 2025 and the entire year, driven by substantial new installed capacity [1] Group 1: Financial Performance - In Q4 2025, the company achieved a power generation of approximately 28.939 billion kWh, representing a year-on-year increase of about 18.91% [1] - For the entire year of 2025, the cumulative power generation reached approximately 114.676 billion kWh, marking a year-on-year growth of about 29.64% [1] Group 2: Installed Capacity - The company added approximately 13.4955 million kW of new installed capacity in Q4 2025, with the largest contributions from Xinjiang (6.1504 million kW), Sichuan (2.2502 million kW), and Inner Mongolia (1.2491 million kW) [1] - Key new projects in Q4 included various wind and solar projects across regions such as Xinjiang, Sichuan, Inner Mongolia, Tibet, and Liaoning [1]