SDIC Power reports mixed Q2 results amid price decline

SDIC Power Holdings reported total power generation of 38.067 billion kWh in Q2 2025, up 0.52% year-on-year, while on-grid electricity rose 0.59% to 37.074 billion kWh.

However, average on-grid electricity prices fell 4.6% to 0.350 yuan per kWh. For the first half of 2025, generation declined 0.54% while prices dropped 6.4%.

Hydroelectric generation increased due to the Yalong River Hydropower Station, while thermal power decreased. Wind and solar power generation rose from new projects. Total installed capacity fell by 546,200 kW to 44.0885 million kW.