光伏行业周报：1-10月国内光伏新增装机181.30GW，同比+27.17%

Investment Rating - The industry investment rating is maintained as "Overweight" [2][4]. Core Viewpoints - The CPIA reported that the tax-inclusive cost of solar modules in early November was 0.69 CNY/W, an increase of 0.01 CNY/W compared to October. This regular release of cost data by industry associations is expected to stabilize module prices and promote healthy industry development [13][4]. - In the first ten months of 2024, the domestic solar power installation reached 181.30 GW, a year-on-year increase of 27.17%. In October alone, the new installations were 20.42 GW, up 49.93% year-on-year but down 2.25% month-on-month [26][28]. - The total export value of battery components in the first ten months was 26.842 billion USD, a decrease of 30.82% year-on-year, while inverter exports in October amounted to 659 million USD, an increase of 19.03% year-on-year [28][26]. Market Review - The power equipment sector declined by 1.66% over the past week, ranking 17th among all primary industries. The electrical machinery sector saw an increase of 1.04%, while solar equipment dropped by 4.68% [15][18]. - The solar battery components saw a decrease of 3.12%, while solar auxiliary materials and processing equipment fell by 4.57% and 6.71%, respectively [21][18]. Solar Industry Data Tracking - The domestic battery component export value for October was 2.163 billion USD, down 19.29% year-on-year, while the cumulative inverter export value for the first ten months was 6.990 billion USD, down 20.57% [28][26]. - The average price of N-type silicon rods was 40,500 CNY/ton, down 2.88% month-on-month, while the average price of PERC 182 battery cells remained stable at 0.275 CNY/W [36][39]. Industry and Company Dynamics - The report highlights several key projects and tenders in the solar industry, including a 280 MW solar power project in Qujing City and various procurement announcements from companies like Longi Green Energy and Tongwei Co., Ltd. [47][49][50].