Details of the aggregate volume of electricity generation in Q3 2015
Location | Number of Solar Power Plants | Approximate Aggregate Installed Capacity (MW) | Electricity Generation for Q3 2015 (MWh) | Electricity Generation for Q3 2014 (MWh) | Total Electricity Generation for the nine months ended 30 September 2015 (MWh) |
Guangdong, China | 2 | 2.4 | 831 | 895 | 2,273 |
Fujian, China | 2 | 20.8 | 5,435 | 3,302 | 15,914 |
Gansu, China | 1 | 100.0 | 18,117 | 26,361 | 58,097 |
Qinghai, China | 4 | 200.0 | 75,095 | 74,084 | 231,249 |
Jiangsu, China | 2 | 23.8 | 8,447 | 7,639 | 23,415 |
Inner Mongolia, China | 8 | 330.0 | 141,577 | 79,634 | 285,849 |
Xinjiang, China | 5 | 100.0 | 30,270 | - | 89,632 |
Zhejiang, China | 1 | 30 | 8,522 | - | 8,522 |
Total | 25 | 807.0 | 288,294 | 191,915 | 714,951 |
Hong Kong, China, 8 October 2015 - United Photovoltaics Group Limited (“United PV” or the “Company”, stock code: 00686.HK, whose largest shareholder is China Merchants New Energy Group “CMNE”), a leading solar power plant investor and operator in China, today announced the electricity generation volume of the Company and its associates in the third quarter of 2015. According to the data, the aggregate volume of electricity generation in the third quarter increased to 288,294MWh, representing a Q-on-Q increase of 25.82% and a substantial Y-on-Y increase of 50.21%.
Moreover, the aggregate volume of electricity generation for the nine months ended 30 September 2015 of the solar power plants beneficially owned by the Company and its associates reached 714,951MWh. As of at 30 September, the Company and its associates beneficially owned 25 solar power plants with an aggregate installed capacity of 807MW. The increase of electricity generation in the third quarter was mainly due to the Company has completed the acquisition of the equity interest in 4 grid-connected solar power plants with an aggregate installed capacity of 170MW in the period.
United PV is the first solar power electricity generation company which discloses its quarterly electricity generation volume data on the HKEx, and insists to announce such key operating data. United PV will continue to play the role as a top runner to lead the healthy development of the industry.
