Core Viewpoint - The 2026 China Western International Solar Photovoltaic and Energy Storage Exhibition will be held in Chongqing from April 10-12, 2026, focusing on the development and innovation of the solar photovoltaic and energy storage industries, promoting cooperation and communication in the sector [3]. Industry Development - The demand for clean energy is increasing domestically and internationally, driven by the "dual carbon" goals, accelerating the transition to cleaner energy in China [3]. - The development of renewable energy is becoming a key focus, with energy storage playing a crucial role in enhancing the flexibility and stability of the power system under high renewable energy integration [3]. Government Initiatives - The Chongqing government is actively promoting the development of renewable energy through various supportive policies, attracting numerous enterprises to invest in the sector [3]. Exhibition Details - The exhibition will showcase a wide range of products and technologies, including photovoltaic cells, components, energy storage systems, and related equipment [3][4][5]. - The theme of the exhibition is "Green Development, Low Carbon Future," aiming to highlight the achievements and innovations in the solar photovoltaic and energy storage industries [3]. Product Categories - The exhibition will cover various categories such as photovoltaic cells, components, raw materials, energy storage products, and applications, including solar street lights, energy storage systems, and distributed energy systems [4][5].

Core Viewpoint - Yunnan Ge Industry (002428) is expanding its production capacity of photovoltaic-grade germanium products, which are primarily used in solar germanium batteries, to meet the growing market demand [1] Group 1: Product and Market - The company's photovoltaic-grade germanium products are used for solar cell germanium wafers, which are known for high photoelectric conversion efficiency and stable performance [1] - Solar germanium batteries are mainly utilized in space vehicles, such as satellites [1] - The main downstream customers for the company's products are epitaxial manufacturers [1] Group 2: Expansion Plans - To meet the increasing market demand, the company will implement the "germanium wafer construction project for space solar batteries" starting in March 2025 [1] - The construction period for this project is planned for 18 months, with an expected annual production capacity of 1.25 million germanium wafers by the end of 2025 [1] - Once fully completed, the project aims to achieve an annual production capacity of 2.5 million germanium wafers [1] - The construction work for the project is currently progressing as planned [1] - The specific production and sales situation of related products will be disclosed in the company's annual report [1]

江山控股(00295)发布公告，根据本公司现有的初步营运统计数据，截至2025年12月31日，本集团拥有 的太阳能发电站全年总发电量约30.07万兆瓦时，同比减少6.14%，去年同期同站发电量约为32.04万兆 瓦时。本集团于2025年12月31日的总装机量为290兆瓦。 ...

Core Viewpoint - Jiangshan Holdings (00295) reported a decrease in total electricity generation from its solar power plants for the year ending December 31, 2025, with a total generation of approximately 300,700 MWh, a decline of 6.14% compared to the previous year's generation of about 320,400 MWh [1] Group 1 - The total installed capacity of the group as of December 31, 2025, is 290 MW [1]

Core Viewpoint - The company, Yunnan Zinc Industry, confirmed its photovoltaic-grade germanium products are used in solar cells for satellites, with plans to expand production capacity to meet growing market demand [1]. Group 1: Product Information - The company's photovoltaic-grade germanium products are single crystal germanium wafers used in solar cells, particularly for space vehicles like satellites [1]. - Solar germanium batteries are noted for their high photoelectric conversion efficiency and stable performance [1]. Group 2: Customer and Supply Chain - The main downstream customers for the company's photovoltaic-grade germanium products are epitaxy manufacturers [1]. - The company plans to indirectly supply satellite manufacturers through midstream power suppliers and battery manufacturers [1]. Group 3: Production Capacity and Expansion Plans - The current production capacity utilization rate for the company's photovoltaic-grade germanium products was not specified [1]. - The company is set to implement a "germanium wafer construction project for space solar cells" starting in March 2025, with an 18-month construction period [1]. - By the end of 2025, the project aims to achieve an annual production capacity of 1.25 million germanium wafers, eventually reaching 2.5 million wafers upon full completion [1].

科技日报记者 符晓波 记者1月11日获悉，厦门大学材料学院张金宝教授团队与西安交通大学梁超教授团队成功开发了一种分 子压印退火新方法，可精准调控钙钛矿缺陷的形成与演变过程，为提升钙钛矿太阳能电池的稳定性提供 了新思路。最新研究成果9日发表在国际期刊《科学》上。 钙钛矿太阳能电池具有光电转换效率高、制作工艺简单、成本低等优势，是产业开发的重点方向。但制 作钙钛矿多晶薄膜的热退火步骤，易诱发碘空位等晶体缺陷的产生与累积，这些缺陷会加速钙钛矿结构 降解，导致电池在光照、潮湿、高温等环境下性能衰减，成为制约器件长期稳定的关键因素。 来源：科技日报 为了解决这一核心难题，研究团队提出一种全新的"固态分子压印退火"方法。在加热退火过程中，将一 种吡啶基分子模板压印在钙钛矿薄膜表面，无需添加任何额外溶剂，就能从分子层面"实时约束"钙钛矿 的缺陷演化。其中，优化设计的2-吡啶乙胺分子和钙钛矿表面欠配位的铅离子形成稳定的双齿配位结 构，在加热退火过程中，有效稳固铅-碘键的连接网络，从源头上阻止了碘空位缺陷的产生和扩散。 这种"边结晶、边保护"的方法，既能提高钙钛矿材料的结晶度，又能显著抑制晶体缺陷的产生和移动。 实验数据表明， ...

Group 1 - The core point of the article is that Masdar, a company from the UAE, has signed a power purchase agreement for a 150 megawatt solar power project in Angola's Kibongu [1] Group 2 - The project represents a significant investment in renewable energy in Angola, highlighting the country's commitment to diversifying its energy sources [1] - This agreement aligns with global trends towards sustainable energy solutions and reflects the growing importance of solar power in the energy mix [1]

Core Viewpoint - The introduction of the mechanism electricity price system for renewable energy projects in China, effective from June 1, 2025, is leading to significant changes in investment strategies and project profitability in the solar and wind energy sectors. The disparity in electricity prices across different regions is causing companies to reassess their investment plans and focus on more profitable projects [1][3][4]. Group 1: Mechanism Electricity Price Implementation - The "136 Document" mandates that all new renewable energy projects must participate in market trading, replacing the previous guaranteed purchase system, which has extended the payback period for existing solar projects from 6.5 years to 8 years [1][3]. - The mechanism electricity prices for renewable energy projects vary significantly across regions, with prices for wind and solar projects showing a disparity of over 100% between the highest and lowest [2][5]. - The mechanism electricity prices for existing projects range from 0.26 to 0.45 yuan/kWh, while new projects must enter market trading with prices determined through competitive bidding [3][4]. Group 2: Regional Price Disparities - In economically developed provinces like Shanghai and Beijing, mechanism electricity prices are close to coal benchmark prices, with Shanghai at 0.4155 yuan/kWh and Beijing at 0.3598 yuan/kWh [4][5]. - In contrast, regions with abundant renewable resources, such as Gansu and Xinjiang, have significantly lower mechanism electricity prices, with Gansu's wind and solar prices as low as 0.1954 yuan/kWh and 0.1500 yuan/kWh, respectively [4][5]. - The differences in mechanism electricity prices are attributed to local resource endowments, consumption capacity, and specific policy preferences [7][8]. Group 3: Impact on Investment Strategies - The extended payback periods and reduced profitability are causing many companies to adopt a cautious approach towards new investments in renewable energy projects, particularly in the solar sector [13][14]. - Companies are now prioritizing projects that ensure stable consumption, such as those close to load centers, rather than focusing solely on the area of rooftops for solar installations [19]. - The shift in focus is also influenced by the need to secure mechanism electricity volume, leading companies to adopt low pricing strategies to ensure qualification for bidding [15][19]. Group 4: Market Dynamics and Future Outlook - The competitive bidding process for mechanism electricity prices is expected to reflect the true costs of renewable energy generation, potentially leading to lower prices in the long term [12][17]. - The transition to a market-driven pricing mechanism may initially exacerbate issues like negative electricity prices, but it is anticipated to promote more rational market behavior over time [22][23]. - The overall trend indicates that while the mechanism electricity price system poses challenges, it also opens avenues for companies to enhance their operational efficiency and adapt to market demands [20][21].

Core Insights - The solar thermal power industry is poised for unprecedented growth driven by the "dual carbon" goals and the accelerated construction of a new power system, with a target to increase installed capacity tenfold by 2030 compared to 2025 [1][4] Policy Support - The issuance of the "Opinions" provides systematic policy support for the industry, including improving electricity pricing mechanisms and encouraging participation in power market transactions [4] - The document emphasizes the need for technological innovation and domestic production of key equipment, aiming to enhance system efficiency to over 25% and reduce costs to below 15 yuan per watt [4] Technological Advantages - Solar thermal power combines generation and storage capabilities, offering long-duration energy storage and flexible peak-shaving abilities, which can achieve annual utilization hours exceeding 4000 hours with a 6-hour storage system [2] - The technology's ability to stabilize power supply makes it essential for large-scale wind and solar bases in regions like Qinghai and Gansu, where peak-shaving depth can reach 80% [2] Market Potential - By 2030, the cumulative installed capacity of solar thermal power in China is expected to exceed 60 GW, creating a trillion-yuan market scale across the upstream and downstream supply chains [4] - The upcoming 2026 China (Zhengzhou) International Solar Energy Utilization Conference will showcase core technologies and innovations in the solar thermal sector, attracting significant participation from industry stakeholders [6] Global Perspective - The International Energy Agency (IEA) projects a 156% increase in global solar thermal power capacity by 2025 compared to 2020, with China contributing over 40% [6] - Chinese companies are demonstrating their technological capabilities in international projects, positioning solar thermal power as a key element of China's green energy cooperation under the Belt and Road Initiative [6] Industry Growth Opportunities - The entire solar thermal power industry chain is experiencing explosive growth, with significant advancements in upstream and downstream capabilities, supported by financial institutions [7] - The integration of solar thermal power with hydrogen production is emerging as a new trend, enhancing overall system efficiency [7] Future Challenges - The solar thermal power industry must address three key challenges: establishing market mechanisms that reflect peak-shaving value, promoting collaborative innovation across the supply chain, and strengthening standardization in design and construction processes [8] - The upcoming Zhengzhou exhibition will serve as a critical platform for technology exchange and commercial collaboration, helping Chinese enterprises to capture a higher position in the global solar thermal technology landscape [8]

（编辑 丛可心） 证券日报网讯 1月9日，太阳能在互动平台回答投资者提问时表示，公司运营电站主要以集中式光伏为 主，截至2025年半年度，公司运营电站约6.535GW，其中分布式项目约0.25GW，剩余均为集中式光伏 电站。未来公司也将继续以集中式光伏电站为主。 ...