New energy installation capacity further increases; Silver Star Energy's revenue steadily grows by 2025

Shanghai Securities News China Securities Network reported that Silver Star Energy released its annual report on the evening of March 25. In 2025, the company achieved operating revenue of 1.31 billion yuan, a year-on-year increase of 3.47%; net profit was 44.4649 million yuan, a year-on-year decrease of 48.84%; and the net cash flow generated from operating activities was 1.222 billion yuan, a year-on-year increase of 128.18%.

The annual report showed that as of December 31, 2025, the company’s installed capacity for renewable energy generation was 2.0846 million kilowatts (compared to 1.9168 million kilowatts in the same period of 2024). Among them, the installed capacity for wind power was 1.605 million kilowatts (distributed in Ningxia 1.2065 million kilowatts, Inner Mongolia 299,000 kilowatts, Shaanxi 99,500 kilowatts), and the installed capacity for photovoltaic power was 479,600 kilowatts (centralized photovoltaic 310,000 kilowatts located in Ningxia, distributed photovoltaic 169,600 kilowatts mainly located in Ningxia, Gansu, Shanxi, Guangxi, Guizhou, Yunnan, Fujian, and other regions).

From a business perspective, the company’s renewable energy generation business had annual revenue of 1.249 billion yuan, with a year-on-year growth rate of 1.44%; the equipment manufacturing business had annual revenue of 21.8312 million yuan, with a year-on-year growth rate of 21.65%.

In 2025, the company accelerated the development and construction of distributed photovoltaic projects. So far, the company has completed a total of 21 distributed photovoltaic projects that have received project approval and internal approval procedures. Among them, 15 projects have achieved grid-connected power generation, with a total grid-connected capacity of 169,600 kilowatts.

The annual report disclosed that in the future, as the company continues to build projects in distributed photovoltaic, green electricity direct connection, and centralized renewable energy, the scale of the company’s renewable energy installed capacity will continue to grow, and its renewable energy generation capacity and profitability will be further enhanced. (Chen Guoqing)