Existing Power Plants

As at 31 December 2025, the Group’s total consolidated installed capacity was 54,753.7MW, of which consolidated installed capacity of clean energy was 44,933.7MW, accounting for 82.07% of the total consolidated installed capacity. While the Group’s total consolidated installed capacity presented by type of power plants is as follows:

 

As at 31 December 2025, the total consolidated installed capacity of the Group’s wholly-owned and controlled power plants presented by region is as follows:

 

 

 

 

 

 

As at 31 December 2025, the total attributable installed capacity of the Group’s main associates, joint ventures and investment holding companies’ power plants are as follows:

 

Projects under Construction

As at 31 December 2025, the Group’s projects under construction presented by type of power plants is as follows

 

New Development Projects

As at the date of this annual report, the total installed capacity of new projects in a preliminary development stage (including projects which approvals from the government of the PRC have been applied for) is approximately 27,958.6MW. The categories are distributed as follows:

 

Shareholding In Emerging Energy Industries and Listed Companies

 

Ultimate Controlling Shareholder - SPIC

The Company is ultimately owned by SPIC, a wholly State-owned enterprise established by the approval of the State Council of the PRC. With the further comprehensive deepening of reform as the driving force and the development of new quality productive forces as an important focus, SPIC is fully implementing the “balanced growth strategy” and strives to be a world- class clean energy enterprise with global competitiveness. The total installed capacity is approximately 287GW, of which clean energy accounts for 74.15%.