Home | Finance & Markets | Gross Power Generation YoY increases 16.1% & Gross Steam Sales YoY increases 14.8%

Gross Power Generation YoY increases 16.1% & Gross Steam Sales YoY increases 14.8%

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Announce for October that the monthly gross power generation amounted to 535,131 MWh, representing an increase of 16.1% from 461,099 MWh

The monthly gross steam sales for October 2009 was 576,638 tonnes, representing an increase of 14.8% from 502,377 tonnes for the same period last year; the gross steam sales for the first ten months of 2009 was up 2.4% to 5,481,215 tonnes (January to October 2008: 5,352,440 tonnes).

October 2009        First 10 Months 2009
Gross Power      YoY      Gross Power     YoY
Generation (MWh)   Growth Generation (MWh)  Growth
Subsidiary Plants             461,726    21.7%       4,776,222    14.3%
Associated Plants              73,405   -10.3%         794,228     7.1%
Total                 535,131    16.1%       5,570,450    13.2%
October 2009         First 10 Months 2009
Gross Steam      YoY      Gross Steam     YoY
Sales (tonnes)    Growth  Sales (tonnes)   Growth
Subsidiary Plants             551,828    14.7%       5,142,862     1.9%
Associated Plants              24,810    17.6%         338,353    11.1%
Total                 576,638    14.8%       5,481,215     2.4%

Note: subsidiary power plants include Kunshan Cogeneration Plant, Haimen Cogeneration Plant, Rudong Cogeneration Plant, Huzhou Cogeneration Plant, Taicang Poly Cogeneration Plant, Jiaxing Cogeneration Plant, Puyuan Cogeneration Plant, Fengxian Cogeneration Plant, Dongtai Cogeneration Plant, Peixian Cogeneration Plant, Xuzhou Cogeneration Plant, Yangzhou Cogeneration Plant, Xinneng Cogeneration Plant, Suzhou Cogeneration Plant, Baoying Cogeneration Plant, Lianyungang Cogeneration Plant, Taicang Incineration Plant and Xilin Gol Wind Farm ; associated power plants include Funing Cogeneration Plant and China Resources Beijing Cogeneration Plant.

About GCL-Poly Energy Holdings Limited (stock code: 3800.HK)

GCL-Poly Energy Holdings Limited is one of the world's leading polysilicon and wafer supplier and also a leading integrated green energy enterprise in China. Annual polysilicon production capacity of GCL Solar, a subsidiary of the Group, is expected to reach 18,000 MT by the end of 2009 and 21,000 MT by the end of 2010. GCL Solar has also started constructing wafer production facilities and targets to achieve 1GW of capacity by mid-2010. In addition, the Group operates a total of 18 cogeneration power plants, 1 incineration power plant and 1 windpower plant. Most of these plants are located in Jiangsu and Zhejiang provinces in China with strong economic growth and robust demand for electricity and steam. All these plants are advocated and encouraged by the Chinese government.

For more information about GCL-Poly, please visit the company's website at http://www.gcl-poly.com.hk .

    Press Enquiry:
GCL-Poly Energy Holdings Limited:
Mr. Zhou Jiangbo
Tel: (852) 3761 3120
Email: zhoujiangbo@gcl-power.com.hk
     Ms. Stephanie Lau
Tel: (852) 3761 3145
Email: stephanielau@gclsolarenergy.com
     Porda International (Finance) PR Group
Ms. Harriet Lau
Tel: (852) 3150 6761
Email: harriet.lau@pordafinance.com.hk
     Ms. Sharis Siu
Tel: (852) 3150 6771
Email: sharis.siu@pordafinance.com.hk
     Ms. Ada Leung
Tel: (852) 3150 6732
Email: ada.leung@pordafinance.com.hk
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