Deye(SH:605117) 智通财经网·2025-10-24 06:53Core Insights - The Polish solar and energy storage market is experiencing rapid growth, with sustainable installation trends, particularly in centralized and commercial energy storage systems, due to favorable returns and significant development potential [1] - China's inverter manufacturers have a strong market presence in Poland, suggesting continued investment interest in companies like Deye Co., Ltd. (605117.SH) [1] Group 1: Market Growth and Projections - Poland's new installations are expected to reach 5GW this year, a 25% year-on-year increase, with cumulative installations surpassing 26GW [1] - Energy storage installations are projected to be 543MW/1013MWh this year, reflecting a 102%/131% year-on-year growth [1] - The five-year CAGR for Poland's energy storage installations from 2026 to 2030 is anticipated to be 27.85%, with average storage hours for commercial, residential, and centralized systems expected to double [1] Group 2: Project Returns and Profitability - Household solar storage projects (5KW+5KWh) have an IRR of approximately 15.71% over a 25-year lifecycle, with payback periods of 5-8 years without government subsidies [2] - Current subsidies reduce the payback period for household investors by about one year, enhancing project attractiveness [2] - In the commercial storage sector, Polish energy storage projects rank highly in profitability within the European market, with a 31% quarter-on-quarter revenue increase for 1MWh systems, reaching €41,985, and a 35% increase for 2MWh systems, reaching €55,319 [2] Group 3: Competitive Advantages of Chinese Manufacturers - Chinese inverter manufacturers hold a competitive edge in distribution coverage, product power range, and system compatibility [3] - Analysis shows that Chinese inverter brands account for approximately 75% of the inventory categories of major distributors, while storage PCS brands from China dominate with a 90% share [3] - The influence of Chinese storage PCS in the Polish market is notably stronger compared to inverters [3]