On October 20, 2025, China Electric Power Construction Corporation released the main operating data for the period of January to September 2025. The announcement shows that the cumulative amount of newly signed contracts in the first three quarters of the company reached 904.527 billion yuan, a year-on-year increase of 5.04%, continuing to maintain a steady development trend. Among them, the energy and power sector has performed particularly well, with a newly signed contract amount of 585.228 billion yuan, a year-on-year increase of 12.89%, accounting for 64.7% of the company's total newly signed contract amount, fully demonstrating the company's leading position in the field of energy and power construction.

From the perspective of business structure, clean energy has become the main driving force for the company's growth. The newly signed contracts for hydropower business amounted to 149.438 billion yuan, a significant increase of 68.82% year-on-year. Among them, pumped storage business contributed 65.387 billion yuan, a year-on-year increase of 15.26%, demonstrating the company's key role in the construction of new power systems. The performance of the wind power business is equally impressive, with newly signed contracts worth 182.874 billion yuan, a year-on-year increase of 54.67%. The number of projects has reached 919, surpassing hydropower to become the company's largest clean energy business sector. This data confirms the development trend of "wind in, light out" proposed by the company at the performance briefing.

In contrast, the newly signed contracts for solar power generation amounted to 137.918 billion yuan, a year-on-year decrease of 33.36%; The newly signed contracts for thermal power business amounted to 33.829 billion yuan, a year-on-year decrease of 46.25%, reflecting that the company is actively adapting to the trend of energy structure adjustment while maintaining its traditional business advantages. In addition, the company has signed a total of 81.168 billion yuan in new contracts in emerging fields such as new energy storage, hydrogen energy, and nuclear power, demonstrating its strategic layout in the diversified clean energy sector.

In terms of regional distribution, the newly signed domestic contracts from January to September 2025 amounted to 6907.73 billion yuan, a slight increase of 0.83% year-on-year; The overseas market has shown particularly outstanding performance, with newly signed contracts worth 213.754 billion yuan, a year-on-year increase of 21.45%, becoming an important growth pole for the company. In September 2025 alone, the company signed multiple major clean energy projects overseas, including a 300MW wind power project in the East China Sea of Boliao Province, Vietnam, a 300MW wind farm in Songluo Dipu Island, Bangladesh, Banamasa Harises Photovoltaic, and a 200MW wind power+100MWh energy storage project in Nukus Phase II, Uzbekistan. The total monthly signing amount of overseas clean energy projects reached 15.215 billion yuan, fully demonstrating the strong competitiveness of China Power Construction in the international clean energy engineering market.

In the domestic market, the company signed two large-scale pumped storage projects in September - Taiyanggou Pumped Storage Power Station (5.752 billion yuan) and Jiangxi Ganxian Pumped Storage Power Station (4.677 billion yuan), with a total amount exceeding 10 billion yuan, further consolidating the company's leading position in the field of pumped storage construction.

Based on comprehensive analysis, the operating data of China Electric Power Construction Corporation in the first three quarters of 2025 clearly reflects the significant effectiveness of the company's dual wheel drive strategy of "leading clean energy and breaking through overseas markets". Against the backdrop of accelerating global energy transition, the company has optimized its business structure and deeply cultivated the international market, not only achieving steady business growth, but also setting a new benchmark for Chinese construction enterprises in the global clean energy field.Editor/Cheng Liting