On March 18, China Resources Power released its annual results for 2025.
In 2025, the turnover of CR Power will be 102.01 billion HK dollars; the profit attributable to shareholders will be 14.519 billion HK dollars, with a year-on-year increase of 0.9%; the core business profit attributable to shareholders will be 15.243 billion HK dollars, with a year-on-year increase of 9.9%. The core business profit attributable to renewable energy shareholders was HK $7.604 billion, down 17.6% from the same period last year.
In 2025, the renewable energy grid-connected equity installed capacity of CR Power was 44.851 GW, accounting for 50% of the total grid-connected equity installed capacity, representing a year-on-year increase of 2.8 percentage points. Among them, the equity installed capacity of grid-connected PV is 15.335 GW, and that of wind power is 29.076 GW.
In 2025, the total installed capacity of new energy projects newly connected to the grid by CR Power will be 13.625 GW, and the total equity installed capacity of coal-fired power projects newly put into operation will be 6.893 GW. In terms of electricity
sales, CR Power sold 226,790 GWh of electricity last year, representing a year-on-year increase of 7%. Among them, photovoltaic power plants increased by 55.5%, wind power plants and thermal power plants increased by 16.4% and 1.3% respectively.
For the 2026 outlook, China Resources Power said it plans to add 5.45 GW of wind power and photovoltaic grid-connected installed capacity throughout the year. The Company will continue to increase the proportion of clean energy installed capacity, and will concentrate its resources on high-quality projects in the large-scale wind and solar base in Shagehuang, the coastal offshore wind power base, and the central, eastern and southern high-consumption areas.
At the same time, the company will actively promote the transformation of coal-fired power to supporting and regulating power sources, and continue to consolidate the company's competitive advantage and basic revenue in power supply and system regulation; We will vigorously cultivate the integrated energy service business represented by energy storage and zero-carbon factories /parks to create a new engine for performance growth; accelerate energy technology innovation and digital layout; actively lay out Hong Kong business and steadily and orderly expand international business.
浙公网安备33010802003254号