Zhejiang Provincial New Energy Investment Group (600032.SH) recorded a year-on-year increase in electricity generation of 24.20% in 2024.

Zhejiang Provincial New Energy Investment Group (600032.SH) announced that in the fourth quarter of 2024, the company's directly-owned and controlled power generation enterprises cumulatively completed a power generation of 23.27 billion kilowatt-hours, an increase of 17.44% compared to the same period last year. Among them, hydropower completed a power generation of 4.22 billion kilowatt-hours, a decrease of 13.56% compared to the same period last year; photovoltaic completed a power generation of 7.21 billion kilowatt-hours, an increase of 8.72% compared to the same period last year; wind power completed a power generation of 11.84 billion kilowatt-hours, an increase of 42.63% compared to the same period last year (onshore wind power completed a power generation of 4.72 billion kilowatt-hours, an increase of 24.12% compared to the same period last year; offshore wind power completed a power generation of 7.13 billion kilowatt-hours, an increase of 58.25% compared to the same period last year). In the full year of 2024, the company's directly-owned and controlled power generation enterprises cumulatively completed a power generation of 104.72 billion kilowatt-hours, an increase of 24.20% compared to the same period last year. Among them, hydropower completed a power generation of 26.27 billion kilowatt-hours, an increase of 11.94% compared to the same period last year; photovoltaic completed a power generation of 32.77 billion kilowatt-hours, an increase of 10.20% compared to the same period last year; wind power completed a power generation of 45.68 billion kilowatt-hours, an increase of 46.83% compared to the same period last year (onshore wind power completed a power generation of 21.69 billion kilowatt-hours, an increase of 35.42% compared to the same period last year; offshore wind power completed a power generation of 23.99 billion kilowatt-hours, an increase of 58.93% compared to the same period last year).