电力设备及新能源行业周报：产业周跟踪，硫化物量产时间表或超预期，苹果阿里合作再次引爆AIDC

Investment Rating - The industry rating is "Outperform the Market" [4] Core Views - The lithium battery sector is expected to see mass production of sulfide solid-state batteries between 2025 and 2027, with companies like BYD and FAW planning to apply them in vehicles by 2027 [12][13] - The photovoltaic sector is experiencing a surge in demand due to new policies that promote market-based pricing for renewable energy, leading to a potential rush in installations before the June 1 deadline [22][23] - The energy storage sector anticipates an addition of 8.8 GWh of commercial energy storage in 2024, driven by new regulations that enhance market participation [31][33] Summary by Sections 1. Lithium Battery and Electric Vehicle Sector - The second China Solid-State Battery Innovation Development Summit was held, predicting the first generation of sulfide solid-state batteries to be mass-produced by 2025-2027 [12] - In 2024, the overseas market share of Chinese battery companies is expected to increase, with a total of 361.4 GWh of power batteries installed, marking a 13.1% year-on-year growth [13][14] 2. Photovoltaic Sector - The National Development and Reform Commission and the National Energy Administration issued a notice on February 9, promoting market-based pricing for renewable energy, which is expected to lead to a rush in photovoltaic installations [22][23] - The price of solar cells remains stable, while the price of silicon wafers has slightly weakened due to strong resistance from downstream demand [24] 3. Energy Storage Sector - The new regulations are expected to facilitate the addition of 8.8 GWh of commercial energy storage in 2024, with a projected growth to over 10 GWh in 2025 [31][33] - The market is seeing a diverse influx of companies into the commercial energy storage sector, with a significant focus on manufacturing industries [35] 4. Power Equipment and Industrial Control Sector - The first equipment procurement results for ultra-high voltage projects were announced, with a total of 55 packages for five ultra-high voltage lines [43] - Siemens reported a strong start to its 2025 fiscal year, indicating positive market demand [45] 5. Hydrogen Energy Sector - The Sinopec Kuqa green hydrogen project is expected to reach full production capacity by 2026, with significant contracts signed for hydrogen-powered two-wheelers [54][55] - The collaboration between Guofu Hydrogen Energy and Wankel Aviation aims to develop hydrogen-powered aircraft systems, marking a significant step in green aviation technology [54]