National Energy Administration: In Q1 2025, investment completed in power grid projects was up 24.8% YoY, hitting a record high for Q1.

On April 20, the National Energy Administration released the national power industry statistics for the period from January to March.

As of the end of March, the country's cumulative installed power generation capacity reached 3.43 billion kW, up 14.6% YoY. Among this, the installed capacity of solar power generation was 950 million kW, up 43.4% YoY, and the installed capacity of wind power was 540 million kW, up 17.2% YoY.

From January to March, the national power generation equipment had an average cumulative utilization of 769 hours, a decrease of 81 hours compared to the same period last year. The power supply projects of major power generation enterprises nationwide completed investments of 132.2 billion yuan, down 2.5% YoY, while power grid projects completed investments of 95.6 billion yuan, up 24.8% YoY.