Summary by Moomoo AI
CHINA POWER HAS RELEASED ELECTRICITY SALES DATA FOR MARCH AND THE FIRST QUARTER OF 2024. According to preliminary statistics, in March 2024, the Group's combined total electricity sales reached 10,545,635 MW, a year-on-year increase of 25.31%. In the first three months of 2024, combined total electricity sales were 29,970,060 MW, an increase of 31.99% over the same period last year. Hydropower, wind and photovoltaic power generation increased significantly year-on-year, up 67.98%, 47.22% and 69.57%, respectively, across all power generation modes. Coal-fired power generation increased slightly by 0.14%, while natural gas production decreased by 6.87%. Green power generation increased by 47.93%. Wind and photovoltaic generation volumes of major joint ventures or joint ventures also increased, but coal-fired power generation decreased by 12.03% and decreased by 4.22% overall. The Chairman of the Board of Directors of the Company issued this data on April 16, 2024.