Huadian Power International Corporation Limited reported that its consolidated power generation for the first quarter of 2026 totalled 59.02 million MWh. When measured against the company’s previously announced figures for the same period in 2025, generation increased 14.85%; against retroactively adjusted 2025 data, it declined 8.39%.

On-grid electricity sales were 55.37 million MWh, up 15.32% versus prior disclosed data but down 8.45% versus the adjusted base. The company cited the rapid expansion of new-energy installed capacity, which squeezed operating hours of existing units, as the principal reason for the year-on-year decline after adjustment.

The group’s average on-grid tariff stood at RMB504.28 per MWh, representing a 2.58% decrease from the retroactively adjusted level a year earlier.

Thermal power plants remained the core contributors. Jiangsu Huadian Energy Company Limited led with 8.44 million MWh of generation, followed by Huadian Hubei Power Generation Company Limited at 5.31 million MWh and Sichuan Guang’an Power Generation Company Limited at 3.93 million MWh. Among coastal assets, Huadian Laizhou Power Generation Company Limited delivered 3.49 million MWh.

Hydropower output was comparatively modest, with Sichuan Huadian Luding Hydropower Company Limited, Sichuan Huadian Za-gunao Hydroelectric Development Company Limited and related entities jointly adding roughly 0.92 million MWh. Photovoltaic units across four subsidiaries generated a combined 0.00275 million MWh.

Management underscored that ongoing capacity additions in renewable energy are reshaping the generation mix and pressuring average tariffs. No additional financial metrics or earnings guidance were disclosed in the statement.