Summary by Moomoo AI
China Power International Development Co., Ltd. announced that the Group's combined total electricity sales in October 2024 reached 9,750,483 MW, an increase of 20.59% year-on-year, according to preliminary statistics. In the first ten months of 2024, combined total electricity sales amounted to 108,220,668 MW, an increase of 30.56% year-on-year. This growth came mainly from significant increases in wind and photovoltaic generation.Hydropower generation decreased by 25.15% year-on-year at 825,616 MW in October 2024; however, hydropower generation increased by 62.62% year-on-year in the first ten months. Wind power was up 39.89% year-on-year at 2,292,301 MW in October and 57.05% growth for the first ten months. Photovoltaic power generation was 1,824,368 MW in October, up 12.83% year-on-year and 79.55% in the first ten months.Coal-fired power generation was 4,467,964 MW in October, up 30.42% year-on-year; up 4.06% in the first ten months. Natural gas generation and green electricity sales increased 28.10% and decreased 3.93% respectively in October. Wind and photovoltaic power from major joint ventures or joint ventures also showed significant growth, reaching 20.29% and 65.32%, respectively.