Tesla(US:TSLA) Zhong Guo Neng Yuan Wang·2026-01-23 08:55Core Viewpoint - The report highlights that major U.S. manufacturers are set to expand solar photovoltaic (PV) capacity by 100GW, which will contribute incremental orders to domestic equipment and materials suppliers in China. The space photovoltaic sector is experiencing high prosperity as both overseas satellite deployment accelerates and China advances its satellite deployment plans [1][2]. Group 1: Industry Dynamics - Major U.S. manufacturers, including SpaceX and Tesla, are increasing solar PV capacity to 100GW annually, driven by a strategic plan to deploy solar-powered AI satellites in space, which is expected to create additional orders for China's PV equipment and materials supply chain [3]. - The space photovoltaic sector is thriving due to the rapid industrialization of overseas satellite technology, which is pushing China to expedite its satellite launch capabilities. By the end of 2025, SpaceX plans to have launched over 10,000 Starlink satellites, constituting over 60% of active satellites in Earth's orbit [3][4]. Group 2: Technological Development - The technology solutions for space photovoltaics are still in the early stages, with various technical routes such as gallium arsenide, crystalline silicon, and perovskite not yet converging. This uncertainty suggests a diverse technological landscape in the short term, focusing on equipment, materials, and batteries [4]. - As overseas manufacturers finalize their technological directions, related equipment and materials are expected to stand out, indicating a potential for significant investment in the space photovoltaic sector [4]. Group 3: Investment Recommendations - The report recommends focusing on companies that are likely to benefit from the high prosperity in the space photovoltaic sector, including Foster (603806), Jiejia Weichuang (300724), Junda Co. (002865), Maiwei Co. (300751), JinkoSolar, Trina Solar, Longi Green Energy (601012), and Haiyou New Materials. It also suggests paying attention to Aotwei, Dongfang Risheng (300118), Shanghai Port Bay (605598), Liansheng Technology (300051), and Jing Shan Light Machine [5].