Overview - The renewable energy sector saw a 42% increase in 2025, outperforming the CSI 300 index by 24.78 percentage points, driven by strong demand for energy storage and the gradual implementation of anti-involution policies [11][14]. Solar Energy - The domestic solar market is expected to face pressure in 2026, with new installations projected to decline to 200-250 GW, down from an estimated 300 GW in 2025, which represents an 8% year-on-year growth [5][28]. - In 2025, China added 252.9 GW of new solar capacity from January to October, a year-on-year increase of 71.8 GW, with a significant portion of installations occurring in the first half of the year due to policy influences [5][18]. - Global solar installations are expected to reach 655 GW in 2025, a 10% increase year-on-year, but demand is anticipated to stabilize or slightly decline in 2026 due to various market challenges [36][37]. - The supply side is undergoing restructuring due to anti-involution policies, with significant reductions in production and inventory pressures observed in the polysilicon market [40][45]. - The BC battery technology is gaining traction, with expected rapid increases in penetration rates, potentially becoming the mainstream technology by 2030 [48][53]. Wind Energy - The domestic wind power market is projected to maintain stable growth, with onshore wind installations expected to remain flat in 2026, while offshore wind installations are forecasted to increase by over 40% to approximately 11.2 GW [5][16]. - The wind turbine market is experiencing a recovery in profitability, supported by stable pricing and expansion into overseas markets, creating new growth opportunities [16][18]. - The development of hydrogen and ammonia markets is expected to provide additional growth avenues for wind turbine manufacturers [5][16]. Investment Recommendations - The report maintains a "stronger than market" rating for the renewable energy sector, highlighting key companies to watch in wind energy, such as Goldwind Technology, Mingyang Smart Energy, and Yunda Co., and in solar energy, including LONGi Green Energy and Aiko Solar [5][7].

近日，隆基绿能BC二代技术Hi-MO 9组件产品中标宁夏中赢正源发电有限公司696MW光伏项目。该项 目包括宁夏吴忠市同心县380MW和银川市永宁县200MW两个子项目，交流侧装机容量为580MW，直流 侧为696MW。 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 本报记者 殷高峰 12月10日，白银现货价格持续大幅上涨，再创历史新高。Wind资讯数据显示，伦敦银现价格盘中触及 60.911美元/盎司，年内涨幅超110%；COMEX白银同步刷新历史纪录，最高报61.435美元/盎司，年内涨 幅达109%。 银价的持续飙升给光伏行业带来显著成本压力。世界白银协会数据显示，2025年全球光伏用银量预计将 达7560吨，较三年前增长一倍，占白银总需求的25%以上。 "银价的剧烈波动直接冲击光伏产业链中游的电池片制造环节，已成为影响电池片盈利能力的关键因 素。"上海有色网光伏电池片分析师蒋辰怡在接受《证券日报》记者采访时表示。 上海有色网数据显示，以TOPCon210RN电池片为例，当前银浆成本已超过电池片完全成本的30%，占 非硅成本的50%以上。 "由于电池片自身涨价空间极为有限，无法有效传导上游成本上涨压力，这导致从硝酸银、银粉到银浆 的中间加工环节利润空间被严重侵蚀，亏损风险正逐步集聚并向上蔓延。"蒋辰怡分析称。 对企业而言，除成本压力外，供给端压力同样凸显。世界白银协会数据显示，2025年全球白银供需缺 ...

"银价的剧烈波动直接冲击光伏产业链中游的电池片制造环节，已成为影响电池片盈利能力的关键因素。"上海有色网光伏 电池片分析师蒋辰怡在接受《证券日报》记者采访时表示。 本报记者 殷高峰 12月10日，白银现货价格持续大幅上涨，再创历史新高。Wind资讯数据显示，伦敦银现价格盘中触及60.911美元/盎司，年 内涨幅超110%；COMEX白银同步刷新历史纪录，最高报61.435美元/盎司，年内涨幅达109%。 银价的持续飙升给光伏行业带来显著成本压力。世界白银协会数据显示，2025年全球光伏用银量预计将达7560吨，较三年 前增长一倍，占白银总需求的25%以上。 面对这种困境，光伏企业从多个维度积极寻求去银方面的技术突破。 上海爱旭新能源股份有限公司在今年第三季度业绩说明会上表示，公司多年前便基于对行业银耗瓶颈的预判，率先研发并 在珠海基地量产导入了铜互连技术，在银价屡创新高的当下，降本优势更加凸显。 2024年10月份，隆基绿能科技股份有限公司（以下简称"隆基绿能"）的相关研究论文在《Nature》发表，其展示的无银金 属化技术使晶硅电池光电转换效率突破27%；2025年6月份，隆基绿能发布的HIBC电池效率达到 ...

| 2026未来产业新材料博览会 | | （FINE），围绕机器人、汽车、无人机、数据中心、航空航天、AI、新能源等产 | | | | --- | --- | --- | --- | --- | | 业共性需求，特设6大展区， | | N3 先进电池与能源材料展区 | 聚焦 | 固态电 | | 池 | 、钠电池、 | 钙钛矿 | 、液流电池、电容器 | | | 等 | | ， 欢迎咨询：18957804107 | | | 【DT新材料】 获悉，12月9日，全球光伏龙头 隆基绿能 公告， 正式终止其筹划超过三年的境外发行全球存托凭证（GDR）并在瑞士证券交易所上市的计划 。 据悉，隆基绿能的GDR发行之旅始于2022年10月，原计划募集资金约199.96亿元，用于在鄂尔多斯、马来西亚及越南的五个产能扩张项目，总投资额高达221.89 亿元。 对于终止原因，隆基绿能在公告中解释称，主要是由于"外部多方面因素发生变化"，且相关决议的有效期已经届满 。 GDR计划的终止，与隆基绿能自身发展战略的主动调整以及全球光伏贸易环境的剧变密切相关。 根据公司定期报告，部分原计划使用GDR募资建设的海外项目 已处于停滞状态。有分 ...

Investment Rating - The report does not provide specific investment ratings for the sub-industries within the power equipment and new energy sector [2]. Core Insights - The industry is entering a critical layout period, with Longi's announcement indicating a reversal opportunity [3]. - The lithium battery supply chain's price negotiations and the progress of new energy combined with AI are key investment focuses, suggesting that lowered expectations present new layout opportunities [3]. - The new energy vehicle supply chain has entered a new upward cycle, with significant production levels expected [3][4]. Summary by Sections Industry Chain Prices - Recent price increases in lithium battery materials, including a 5% rise in cobalt and electrolyte prices [11][24]. - The overall industry supply-demand balance remains stable, with some products entering a destocking phase [25]. Industry News Tracking - The report highlights the ongoing developments in the new energy and AI sectors, including Tesla's advancements in humanoid robots and Longi's employee stock ownership plan [24][31]. - The report notes that the National Development and Reform Commission has revised pricing mechanisms for new energy storage, promoting market competition [27]. Recommended Companies and Ratings - Longi Green Energy, GCL-Poly Energy, and Aiko Solar are highlighted as companies to watch due to their technological leadership and potential for growth [5][6]. - The report emphasizes the importance of leading companies with pricing power, such as CATL and BYD, in the lithium battery market [3][4].

隆基绿能12月10日大宗交易平台出现一笔成交，成交量98.00万股，成交金额1783.60万元，大宗交易成 交价为18.20元。该笔交易的买方营业部为国泰海通证券股份有限公司总部，卖方营业部为华泰证券股 份有限公司北京西三环国际财经中心证券营业部。 12月10日隆基绿能大宗交易一览 | 成交量 （万 | 成交金额 | 成交价 | 相对当日收盘 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | | （万元） | 格 | 折溢价（%） | | | | 股） | | （元） | | | | | 98.00 | 1783.60 | 18.20 | 0.00 | 国泰海通证券股 | 华泰证券股份有限公司北京西三 | | | | | | 份有限公司总部 | 环国际财经中心证券营业部 | （文章来源：证券时报网） 进一步统计，近3个月内该股累计发生12笔大宗交易，合计成交金额为1.10亿元。 证券时报·数据宝统计显示，隆基绿能今日收盘价为18.20元，平盘报收，日换手率为2.27%，成交额为 31.13亿元，全天主力资金净流出4337.82万元，近5日该股累 ...

中新网西安12月10日电 (李一璠)当传统工业的高耗与污染成为过往，"零碳工厂"正用科技与自然的交 响，书写着制造业的绿色革命，厂房顶部光伏板整齐排列，阳光倾洒在生产线上，机械臂有条不紊地左 右轮转。 近日，中新网记者跟随"绿动西安·碳寻未来"西安市减污降碳协同创新试点采风活动，了解该市在绿色 发展领域的思路与成效。 同时，西安正在把"生活垃圾"变成循环利用的"绿色宝藏"。高陵生活垃圾无害化处理焚烧热电联产项 目，采用中温次高压高效发电技术，发电效率达27%，每吨生活垃圾焚烧后可发电600千瓦时，焚烧产 生的热量运用于集中供热，垃圾焚烧后的废渣经无害化处理达标后，可加工制成透水砖、路基材料等建 筑用料。 记者在西咸新区一园区内看到，测试员正驾驶着"氢能蓝"在各厂房间灵活穿梭，该氢能助力车具有无噪 运行、零碳排放的特点。"这款氢能助力车以压缩氢气罐为动力，一罐气可实现约80公里续航，即便在 极端环境下也能稳定运行。"陕西海创盛世氢能科技有限公司生产主管张海斌介绍，目前，30台氢能助 力车已在茯茶镇正式投放，为园区通勤勾勒出高效低碳的风景线。 据了解，在汽车工业传统生产模式中，涂装、电镀等工艺，以化石燃料为主的能 ...

12月10日，隆基绿能大宗交易成交98万股，成交额1783.6万元，占当日总成交额的0.57%，成交价18.2 元，较市场收盘价18.2元持平。 | De 200 million for 110 very | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | | | 奥出营业部 | 是否为专场 | | 025-12-10 | 障基绿能 | 601012 | 18.2 1783.6 | 98 | 国泰港湾区委股份 | 鐵轉鎖 | | Ka | ...

Group 1 - The company has decided to terminate the plan for issuing Global Depository Receipts (GDR) and listing on the SIX Swiss Exchange due to changes in external factors and the expiration of the relevant resolutions [1][3][6] - The decision was made after thorough discussions and careful analysis with relevant intermediaries, confirming that it will not adversely affect the company's operations or the interests of shareholders, especially minority shareholders [4][5][6] Group 2 - The company plans to apply for a total credit limit of up to 180 billion RMB (or equivalent foreign currency) from financial institutions for 2026, which will be used for various financing needs [11] - The credit limit will be available for multiple uses, including loans, bills, letters of credit, guarantees, supply chain finance, and other financial services [11][12] Group 3 - The company intends to use idle self-owned funds for entrusted wealth management in 2026, with a maximum daily balance of 30 billion RMB, aiming for better investment returns [45][46] - The investment will focus on low-risk, liquid, and stable-return financial products, avoiding high-risk equity products [47][50] Group 4 - The company has estimated daily related transactions for 2026 with certain affiliated parties, ensuring that these transactions are conducted at market prices and do not affect the company's independence [53][65] - The estimated transactions include sales and purchases with affiliated companies, which are necessary for the company's normal operations and production needs [54][65] Group 5 - The company plans to provide guarantees for distributed energy customers in 2026, with a maximum guarantee amount of 200 million RMB for certain financing arrangements [69][75] - The guarantees will support the company's distributed photovoltaic business and are deemed necessary for promoting business development [74][75] Group 6 - The company intends to conduct commodity futures hedging business in 2026 to mitigate risks associated with price fluctuations of raw materials such as polysilicon, silver, copper, aluminum, and tin [79][80] - The maximum margin required for this hedging business will not exceed 1.5 billion RMB, and the company will ensure compliance with relevant regulations [80][83]