Shandong Hi-Speed New Energy Group Reports 10.8% Decrease in June 2025 Power Generation, But Sees 6.9% Increase for First Half of Year

Reuters
Aug 29
<a href="https://laohu8.com/S/600350">Shandong Hi-Speed</a> New Energy Group Reports 10.8% Decrease in June 2025 Power Generation, But Sees 6.9% Increase for First Half of Year

Shandong Hi-Speed New Energy Group Limited has announced a business update for June 2025, detailing the power generation results from its projects, associates, and joint ventures. The company reported an operating power generation of approximately 565,473 megawatt-hours (MWh) for June 2025, marking a decrease of around 10.8% compared to the same period in 2024. Despite this monthly decline, the total power generation for the first half of 2025 reached 3,674,408 MWh, showing an increase of about 6.9% over the corresponding period in 2024. Focusing on specific regions, the company's wind power plants in Henan Province generated 62,851 MWh, a 2.8% increase from the previous year. Conversely, Shandong Province saw a 21.4% decrease in power generation, totaling 34,534 MWh. Other notable decreases were observed in Hebei Province, with a 24.5% reduction to 60,289 MWh, and in the Xinjiang Uygur Autonomous Region, where power generation dropped by 64.0% to 8,193 MWh. Overall, the total power generation by subsidiaries amounted to 458,956 MWh, representing a 15.3% decrease compared to the same period in 2024.

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