| 《2025电力市场与数智化储能调研报告》 | 电力交易、技术融合、虚拟电厂与商业创新 | | --- | --- | | 出品方: 1 行家说储能 | 鸣谢:以下参编单位的特别贡献(排名不分先后) | | UHES | CHTHIUM | | 调研止式启动, 次进参与 | 扫码了解 | 昨日，行家说储能报道了海辰储能、智光电气、鹏成科技等企业签订储能系统供货协议（ 点这里 ）。日前，亿纬锂能、天合光能分别宣布签下欧洲和日本的 储能合作协议，合作规模同为500MWh。 ▋ 天合光能： 与日本汤浅商社达成 500MWh 储能合作 近日，天合储能宣布与日本汤浅商社株式会签署大型储能业务战略合作协议（MOU）， 这将为其日本市场的开拓按下"快进键"。 图为： MOU签署现场, 前列右：汤浅商事株式会社董事兼执行董事、环境事业本部长兼智慧能源事业本部长竹尾希典先生；前列左：天合光能日本株式会社社长李娜女士，图 源于天合光能 根据协议， 双方将从2025年起，向日本市场供应总计500MWh的大型储能系统，协力推动大型储能项目在日本的落地与运营。其中，日本汤浅商社负责市 场开拓、项目对接及本地服务网络建设，天合储能将提 ...

【生态环境周观察】旨在将每周全球生态环境领域最重要的政策、事件、讨论、数据呈现在读者面前， 用最真实、前沿的信息，捕捉我们身边微小而重要的变化。环球同此凉热，视野点亮未来。 中国宣布2035年前电、光伏装机力争达到36亿千瓦目标 9月24日，中国宣布了《巴黎协定》达成10周年节点的新一轮国家自主贡献：到2035年，中国全经济范 围温室气体净排放量比峰值下降7%-10%，力争做得更好，非化石能源消费占能源消费总量的比重达到 30%以上，风电和太阳能发电总装机容量达到2020年的6倍以上、力争达到36亿千瓦，森林蓄积量达到 240亿立方米以上；新能源汽车成为新销售车辆的主流，全国碳排放权交易市场覆盖主要高排放行业， 气候适应型社会基本建成。 事件 理想汽车与欣旺达成立合资公司 根据智通财经9月23日发布的报道，电池巨头欣旺达旗下的欣旺达动力与理想汽车计划以50：50的出资 比例成立合资公司。公示信息，欣旺达动力与北京理想签署《合资经营合同》，拟共同设立合营企业。 合营企业将主要从事电动汽车用锂离子动力电池的生产、制造、销售等业务。本次交易后，北京理想和 欣旺达动力将分别持有合营企业50%、50%股权。值得一提的是 ...

三江源是国家生态安全屏障和"中华水塔"，孕育着长江、黄河、澜沧江三大河流。这里不仅是国家重要 的生态保护区，也是维护全国水源涵养与生态平衡的关键区域。近年来，随着"东数西算"工程的推进， 三江源凭借丰富的新能源资源与广阔的土地空间，成为绿色算力布局的重要节点。清洁能源在此不仅关 乎生态修复与保护，更关乎国家战略实施与能源结构转型。 走进天合光能/中国联通三江源绿电智算融合智能微电网示范项目现场，一排排光伏组件有序铺设，储 能系统稳定运转，源源不断的绿色电力被送入算力中心，驱动高性能计算稳定运行。与以往火电、水电 支撑不同，这里构建"源-网-荷-储-算"五维协同智能微电网系统，实现100%清洁能源自给，为高海拔地 区零碳算力工程打造样板。 实现100%绿色供电 算力中心作为数字经济的核心基础设施，历来是能源消耗大户。天合光能集中式解决方案华北区域总经 理王大威告诉《中国能源报》记者："算力中心需要24小时高可靠供电，按照目前青海联通已投产的 5000匹算力规模计算，年用电量高达1.5亿千瓦时，主要通过购买火电和水电进行供电，每度电的平均 成本0.42元，且碳排放压力巨大。" 王大威补充说："我们自主研发的EMS ...

Core Viewpoint - The "Carbon Neutral Green Influence Brand" for 2025 was officially announced on September 27, with 18 brands recognized for their contributions to promoting green and low-carbon initiatives in the industry [1][4]. Group 1: Brand Recognition - A total of 18 brands were awarded the title of "Carbon Neutral Green Influence Brand" after a comprehensive evaluation [1]. - The initiative aims to tell compelling green brand stories, amplify brand voices, and encourage more enterprises to transition towards greener practices [1]. Group 2: List of Recognized Brands - The following companies were included in the 2025 Carbon Neutral Green Influence Brand list: 1. State Power Investment Corporation 2. China Huadian Group Carbon Asset Operation Co., Ltd. 3. China Huadian Financial Integration Green Finance Research Center 4. Huadian Jiangsu Energy Co., Ltd. 5. GCL-Poly Energy Holdings Limited 6. Tongwei Co., Ltd. 7. LONGi Green Energy Technology Co., Ltd. 8. Goldwind Technology Co., Ltd. 9. Trina Solar Limited 10. Yingli Green Energy Holding Company Limited 11. Zhejiang Chint New Energy Development Co., Ltd. 12. Chuan Cai Securities Co., Ltd. 13. Xiamen Kehua Data Technology Co., Ltd. 14. Guangzhou Penghui Energy Technology Co., Ltd. 15. (Beijing) Technology Co., Ltd. Zhongchu Guoneng 16. Shijiazhuang Anruike Gas Machinery Co., Ltd. 17. Aiswei Technology Co., Ltd. 18. Huiyao Pinshang Energy Technology (Jiaxing) Co., Ltd. [2][3]

Core Viewpoint - The energy storage industry is experiencing a significant demand for battery cells, leading to price increases and a complex market environment where companies must navigate rising costs and competitive pressures [2][3][5]. Group 1: Market Dynamics - The demand for energy storage battery cells is strong, with leading battery manufacturers operating at full capacity and some orders extending into early next year [2]. - The price of battery cells has increased by 0.02–0.03 yuan/Wh, with costs being passed down to system integrators [2][3]. - The commercial energy storage market is at a turning point, facing pressure from rising costs and slowing growth, leading to a dilemma for system integrators on whether to raise prices or lower them to secure orders [3][5]. Group 2: Pricing Trends - The mainstream price for commercial energy storage systems is expected to stabilize between 0.6-0.68 yuan/Wh, with potential for limited increases in the future [10][13]. - Since September 2023, the price of commercial energy storage units has dropped significantly, with a decline of 60.71% from 1.40 yuan/Wh to as low as 0.55 yuan/Wh [6][10]. - The overall average price for commercial energy storage units has stabilized around 0.65 yuan/Wh, with the lowest price recorded at 0.53 yuan/Wh [6]. Group 3: Value vs. Price Competition - The industry is shifting from a focus on low prices to a focus on quality-price ratio (value competition), driven by stricter safety regulations and changes in pricing policies [17][20]. - Companies are encouraged to prioritize high value over low prices, as long-term profitability relies on product longevity, efficiency, and reliability [19][23]. - The competition is expected to evolve, with leading firms leveraging technology and service capabilities to create barriers, while smaller firms may struggle or pivot to contract manufacturing [24][25]. Group 4: Future Outlook - By 2025, the energy storage industry is anticipated to undergo significant consolidation, with weaker companies potentially exiting the market due to price pressures [25]. - The market is expected to stabilize as it matures, with companies that excel in technology, product quality, and service likely to dominate [25][26]. - The focus will shift towards creating long-term value through innovation and operational efficiency, rather than engaging in detrimental price wars [20][21].

得益于在光储业务上的布局，阳光电源今年上半年逆势盈利77亿元，公司市值于近日站上3000亿元大 关，成为继隆基绿能、通威股份之后，光伏行业第三家市值突破3000亿元的上市公司。 当前，光储融合正成为光伏行业企业的标配，除阿特斯、天合光能等较早布局的企业以外，隆基绿能近 期被传出将收购储能企业。 整体而言，光伏行业基本面虽有好转但仍难言乐观。多位受访人士判断，光储融合业务的发展，特别是 储能业务，正成为光伏企业摆脱困境、打造新增长曲线的关键。不过，若企业准备不充分，在当前行业 竞争已高度激烈的阶段贸然进入储能领域，短期内恐难以实现盈利。 光储融合成标配 不久前，有消息称，隆基绿能参股了一家储能企业苏州精控能源科技股份有限公司，同时正在接触并考 虑收购另一家储能企业。 "对公司储能业务布局一直在做评估，具体结果不清楚。"针对上述布局储能业务的传闻，隆基绿能相关 人士对记者表示。不过，在业内人士看来，隆基绿能进军储能，有利于推动公司光储融合，实现光伏发 电与储能的系统化配套。 这不是第一次传出隆基绿能将布局储能业务的消息。在去年11月的调研活动中，隆基绿能曾给出回应 ——在新业务方面，隆基绿能还是坚定支持氢能的发展 ...

本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性依法承担法律责任。 重要内容提示： 2025年第五次临时股东会 召开日期时间：2025年10月13日 14点00分 召开地点：常州市新北区天合路2号天合光能股份有限公司会议室 网络投票起止时间：自2025年10月13日 至2025年10月13日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东会召开当日的交易时间 段，即9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平台的投票时间为股东会召开当日的9:15- 15:00。 （六）融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投票，应按照《上海证券交易 所科创板上市公司自律监管指引第1号一规范运作》等有关规定执行。 （七）涉及公开征集股东投票权 不适用 二、会议审议事项 本次股东会审议议案及投票股东类型 ■ 1、说明各议案已披露的时间和披露媒体 本次提交股东会审议的议案已经公司第三届董事会第三十五次会议审议通过，具体内容 ...

Core Insights - The photovoltaic industry is witnessing a shift towards integrated solar and storage solutions, with companies like 阳光电源 achieving significant profitability and market capitalization growth due to their strategic positioning in the energy storage sector [1][8] - The integration of solar and storage is becoming a standard practice among photovoltaic companies, driven by the need to enhance energy efficiency and address market challenges [2][3] Industry Overview - 阳光电源 reported a revenue of 43.5 billion yuan, a 40% year-on-year increase, and a net profit of 7.7 billion yuan, up 56% [1][8] - The market is seeing a trend where companies are increasingly focusing on energy storage as a critical component of their business strategy, with 隆基绿能 exploring partnerships and acquisitions in the storage sector [2][3] Market Dynamics - The demand for integrated solar and storage solutions is expected to grow, particularly as policies are set to relax price limits in the electricity market, allowing for greater price differentials that can enhance the economic viability of solar-storage combinations [5][9] - The storage sector is experiencing a surge in orders, with 阿特斯 reporting a backlog of contracts worth $3 billion and projected shipments of 7-9 GWh for the year [3][10] Competitive Landscape - The storage industry is characterized by intense competition, with leading companies maintaining strong profitability while smaller firms struggle [9] - Companies are diversifying their offerings to include comprehensive energy services and virtual power plant operations to mitigate cyclical risks [9] Future Outlook - The global energy storage market is projected to grow at a compound annual growth rate of 20-30% over the next few years, with strong demand anticipated in Europe, the United States, and Australia [10] - The integration of solar and storage is seen as a key strategy for companies to navigate the current low-price environment and achieve sustainable growth [9]

Core Viewpoint - The integration of solar and energy storage (光储融合) is becoming a standard in the photovoltaic industry, with companies like 阳光电源 achieving significant profitability and market capitalization growth due to their strategic positioning in this sector [1][8]. Group 1: Company Performance - 阳光电源 reported a net profit of 7.7 billion yuan in the first half of the year, with a market capitalization surpassing 300 billion yuan, making it the third company in the photovoltaic sector to reach this milestone [1]. - 阿特斯 has signed contracts for energy storage systems amounting to 3 billion USD, with projected shipments of 2.1 to 2.3 GWh in Q3 and a total of 7 to 9 GWh for the year [3]. - 阿特斯 and other companies like 晶科能源 and 天合光能 are also focusing on energy storage, with 天合光能 reporting over 10 GWh in hand orders, indicating strong demand for integrated solutions [3]. Group 2: Industry Trends - The photovoltaic industry is experiencing a gradual improvement in fundamentals, but challenges remain, particularly in the competitive landscape of energy storage [1][10]. - The demand for energy storage is driven by the need to stabilize electricity prices and enhance the efficiency of renewable energy consumption, especially as the market shifts towards more flexible pricing structures [6][7]. - The integration of energy storage is seen as a necessary evolution for photovoltaic companies to navigate the current market challenges and achieve sustainable growth [10]. Group 3: Market Dynamics - The upcoming policy changes, such as the potential relaxation of price limits in the electricity market, are expected to enhance the economic viability of solar and storage integration [6]. - The increasing share of renewable energy in the grid necessitates improved stability measures, making energy storage a critical component of the energy transition [7]. - The competitive landscape is intensifying, with leading companies leveraging their technological and scale advantages to maintain profitability, while smaller firms face challenges [9][10].

沙戈荒项目既是推动光伏新增装机的主力场景，也是带动生态治理和技术升级的重要平台。 ▲天合光能青海乌图美仁5 0兆瓦光伏电站项目。 在新能源电力市场化加快推进的背景下，光伏产业发展正迎来深刻转变。未来电站不仅要"装得下"，更要"用得好"，在市场价格信号下 实现更高的综合收益。沙戈荒大基地因此成为全行业关注的重点方向，沙戈荒项目既是推动光伏新增装机的主力场景，也是带动生态治 理和技术升级的重要平台。 据预测，到20 30年，沙戈荒光伏新增装机规模将达到253吉瓦。这不仅为行业发展提供了确定性预期，也为先进技术推广应用提供了广 阔舞台。面对如此庞大的建设任务，业界普遍认为，如何在特殊环境下实现高效发电、提升综合收益，成为今后项目成败的关键。 在天合光能战略、产品与市场负责人张映斌看来，过去以单一正面功率衡量组件性能的方式已难以适应市场化要求。随着双面发电、低 辐照性能等因素日益凸显，行业需建立"综合效率+综合发电"的评价体系，以更加全面、科学的标准反映电站真实发电能力。这一转变 不仅关乎沙戈荒项目的经济性，也关系到光伏产业能否在新阶段实现高质量发展。 组件评价指标换新 长期以来，额定功率一直是光伏组件最主要的评价指 ...