上市公司纷纷布局太空光伏 "追光者"实力参差不齐 明阳智能是最新一例。明阳智能拟通过发行股份及支付现金的方式收购中山德华芯片技术有限公司（简 称"德华公司"）的控制权，并募集配套资金。公开资料显示，德华公司专注于高端化合物半导体外延 片、芯片及空间能源系统研发与产业化，在砷化镓空间太阳能电池领域具备深厚的技术积累。因此，明 阳智能此举被市场解读为向太空光伏方向延伸布局。1月23日，明阳智能复牌后"一字板"涨停。 砷化镓太阳能电池为太空光伏的成熟方案。目前，乾照光电是国内砷化镓太阳能电池外延片第一大供应 商，并积极布局国际市场。公司相关产品已批量应用于国内在轨运行的大型商业航天星座组网卫星。公 司已储备太阳能电池规模化生产的产能，能够满足公司未来在商业航天领域的增长需求。 面向未来，P型超薄异质结电池被看作卫星太阳翼降成本的关键技术路线。据了解，东方日升P型超薄 异质结（HJT）系列产品在超薄硅片应用、生产成本、比功率、卷迭式太阳翼（柔性太阳翼）适配、抗 辐射等方面具有综合比较优势。公司日前回应投资者称，公司具备根据客户需求批量交付P型超薄HJT 产品的能力，并且该系列产品在海外地区已有小批量交付经验。 而钙钛 ...

Core Viewpoint - The commercial aerospace industry in China is entering a new phase of scaled and commercial development, driving the exploration of space photovoltaics due to the increasing demand from low Earth orbit satellite constellations [1] Market Space - The construction of low Earth orbit satellite constellations has accelerated, with ongoing demand in communication, remote sensing, and navigation applications [2] - The reduction in commercial rocket costs and improvements in launch capabilities have made longer operational times and more complex payloads the norm, highlighting the importance of reliable energy support systems [2] - Space photovoltaics are gaining attention due to their ability to convert solar energy into electricity, offering sustainability, stability, and lightweight advantages, making them the most mature energy form for spacecraft [2] Long-term Potential - Perovskite tandem battery technology holds significant potential in space photovoltaics due to its high theoretical efficiency, lightweight, and flexibility, although it still requires validation in stability, lifespan, and radiation resistance [3] - The replacement cycle for space photovoltaics is generally 5 to 8 years, much shorter than the 25 years or more typical for ground-based solar power plants [3] - From 2025 to 2040, the global annual satellite launch quantity is expected to increase from 5,000 to 50,000, with the total demand for photovoltaic batteries projected to rise from 0.024 GW to 1.8 GW, indicating a market space growth of over 30 times by 2035-2040 [3] Company Layout - A-share listed companies are accelerating their layout in the space photovoltaic field, leveraging their experience in materials, components, and system integration to develop efficient batteries and lightweight components [4] - Recent collaborations, such as the strategic partnership between Aerospace Hongtu Information Technology Co., Ltd. and Wuxi Zhongneng Energy Technology Co., Ltd., focus on new energy technologies for space applications [4] - Companies like Zhonglai Co., Ltd. and Trina Solar have reported ongoing developments in adapting their products for space photovoltaic applications, including perovskite and silicon tandem products [4][5] Industry Opportunities - The explosion of commercial aerospace provides photovoltaic companies with cross-industry opportunities, opening a second growth curve [5] - While space photovoltaics may not replace the scale advantages of ground photovoltaics in the short term, their technological leadership and strategic value are expected to shift the industry focus from price competition to technology competition [5]

Core Viewpoint - The solar energy sector experienced significant gains, driven by Elon Musk's optimistic outlook on solar energy and ambitious production goals discussed at the Davos Forum [1] Group 1: Market Performance - JinkoSolar (JKS.US) surged over 10% in early trading [1] - Canadian Solar (CSIQ.US) rose more than 7% [1] - Sunrun (RUN.US) increased by over 4% [1] - First Solar (FSLR.US) saw a rise of more than 2% [1] Group 2: Key Developments - Elon Musk engaged in discussions with BlackRock CEO Larry Fink at the Davos Forum [1] - Musk reiterated his positive stance on solar energy and space photovoltaics [1] - He proposed a target of establishing 200 GW of solar product capacity annually in the United States [1]

Group 1 - The solar sector experienced a significant surge, with JinkoSolar (JKS.US) rising over 10%, Canadian Solar (CSIQ.US) increasing over 7%, Sunrun (RUN.US) up over 4%, and First Solar (FSLR.US) gaining over 2% [1] - Elon Musk expressed optimism about solar energy and space photovoltaics during a dialogue with BlackRock CEO Larry Fink at the Davos Forum [1] - Musk proposed an ambitious goal of establishing an annual production capacity of 200GW for photovoltaic products in the United States [1]

周五，太阳能板块盘初大涨，晶科能源(JKS.US)涨超10%，阿特斯太阳能(CSIQ.US)涨超7%， Sunrun(RUN.US)涨超4%，第一太阳能(FSLR.US)涨超2%。消息面上，据报道，此前马斯克现身瑞士达 沃斯论坛，与贝莱德CEO芬克展开对话。交流中，马斯克再次表达了自己对太阳能、太空光伏的看好。 同时，为了支持自己雄心勃勃的"野心"，马斯克甚至还提出了"在美国建立每年200GW的光伏产品产 能"的目标。 ...

Investment Rating - The industry investment rating is "Buy" [2] Core Insights - The report highlights that SpaceX and Tesla plan to build a total of 200GW of photovoltaic capacity in the U.S. over the next three years, primarily for ground data centers and space AI satellites [6] - The advantages of space computing centers are emphasized, including better convenience and real-time service compared to ground data processing, as well as significant cost reductions in communication infrastructure [6] - The report predicts that global photovoltaic demand will continue to grow, with an expected 580GW of new installations in 2026, representing a year-on-year increase of 6%. The total global photovoltaic demand is projected to reach 645GW, a year-on-year growth of 18.6% [6] Summary by Sections Industry Overview - The report discusses the emergence of new demand in the photovoltaic industry driven by space photovoltaic technology [1] Key Developments - Space photovoltaic technology is being developed in China, with three generations of solar battery technology tailored for different spacecraft, achieving international advanced performance levels [6] - Several domestic companies are accelerating their investments in space photovoltaic technology, including partnerships for the production of combined products [6] Investment Recommendations - The report suggests focusing on companies that have established early advantages in space photovoltaic layouts, such as Junda Co., Oriental Sunrise, JinkoSolar, Longi Green Energy, Foster, and others [6]

证券日报网讯 1月23日，晶科能源在互动平台回答投资者提问时表示，欧洲地区是公司深耕的重点市场 之一。2024年欧洲地区业务收入占公司整体营收约15%，针对不同类型客户，公司采用直销和经销两种 模式。 （编辑 任世碧） ...

国家知识产权局信息显示，晶科能源（海宁）有限公司取得一项名为"钙钛矿太阳能电池及其制备方 法、叠层电池和光伏组件"的专利，授权公告号CN120826095B，申请日期为2025年9月。 本文源自：市场资讯 作者：情报员 天眼查资料显示，晶科能源（海宁）有限公司，成立于2017年，位于嘉兴市，是一家以从事电力、热力 生产和供应业为主的企业。企业注册资本357000万人民币。通过天眼查大数据分析，晶科能源（海宁） 有限公司参与招投标项目56次，专利信息924条，此外企业还拥有行政许可72个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...

证券日报网讯 1月23日，晶科能源在互动平台回答投资者提问时表示，二级市场股价受到宏观经济、资 本市场资金、市场情绪、行业变化等多方面因素影响。公司对光伏行业的长期发展保持乐观态度，积极 推进高功率TOPCon新产品和储能业务发展，努力夯实公司基本面，以更好地回报公司全体股东。 （文章来源：证券日报） ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 国家知识产权局信息显示，浙江晶科能源有限公司取得一项名为"太阳能电池及其制造方法、叠层电池 以及光伏组件"的专利，授权公告号CN120813116B，申请日期为2025年9月。 天眼查资料显示，浙江晶科能源有限公司，成立于2006年，位于嘉兴市，是一家以从事电气机械和器材 制造业为主的企业。企业注册资本271434.298547万人民币。通过天眼查大数据分析，浙江晶科能源有 限公司共对外投资了9家企业，参与招投标项目97次，专利信息2671条，此外企业还拥有行政许可35 个。 作者：情报员 ...