Specialized Electric Engineering, Solar Energy, Power Electronics, Integrated Energy, Photovoltaic Energy, and Green Energy are among the 16 major industries that reported their earnings for the first quarter of 2025. According to the financial reports released on May 12, 2025, Specialized Electric Engineering companies generated a total revenue of 23.357 billion yuan, reflecting a slight decrease of 0.79% compared to the previous year. In contrast, Solar Energy firms reported revenues of 16 billion yuan, which is a significant decline of 19.74%.
In the Solar Energy sector, the total earnings for the first quarter of 2025 reached 19.036 billion yuan, marking an impressive increase of 50.92%. Meanwhile, the revenue from Power Electronics stood at 38.26 billion yuan, showing a remarkable growth of 82.52%. The Integrated Energy segment achieved revenues of 36.76 billion yuan, up by 76.46%.
In the Power Electronics market, companies reported total income of 145.59 billion yuan, indicating a decrease of 8.53%. The revenue from Solar Energy firms was 143.35 billion yuan, down 21.48%, and the earnings from Photovoltaic Energy reached 138.43 billion yuan, a decline of 40.03%.
The Green Energy sector reported a total revenue of 136.52 billion yuan, which is a decrease of 22.75%. The Energy Storage segment, on the other hand, generated 106.72 billion yuan, reflecting a decline of 33.18%.
In the supply chain, companies reported revenues of 159.33 billion yuan, a decrease of 18.58%, while the Integrated Energy sector saw earnings of 85.86 billion yuan, down by 10.54%.
In summary, various sectors within the energy industry have shown mixed results in their earnings for the first quarter of 2025, with some experiencing significant growth while others faced declines. The ongoing trends indicate the dynamic nature of the energy market and highlight the challenges and opportunities that businesses face.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/major-energy-companies-report-mixed-financial-results-for-q1-2025/
