Core Insights - The newly launched Green New Pioneer Fund, with a total scale of 1.5 billion yuan, focuses on green low-carbon sectors such as energy conservation, environmental protection, and renewable energy [1] - The fund uniquely incorporates two national-level funds, the National Green Development Fund and the National Strategic Emerging Industries Fund, marking a rare collaboration in the industry [1] - The trend of "central-local cooperation" in establishing funds is accelerating, with various local governments actively seeking to attract national-level funds [2] Group 1 - The Green New Pioneer Fund is a model of "central-local cooperation," combining national and local resources to create a significant investment vehicle [1][2] - The establishment of the fund aligns with national policy directives encouraging collaboration between national and local funds to enhance investment in key technological and industrial sectors [1][2] - The China National Enterprise Structural Adjustment Fund II has been particularly active in forming partnerships with local governments to establish new funds [1][2] Group 2 - The "national-level fund + local state-owned assets + industrial capital" model is emerging as a new trend in the equity investment market, showcasing the value of collaboration [2] - Local governments are increasingly prioritizing the introduction of national-level funds, as seen in Shenzhen and Shanghai's recent initiatives to attract such funds [2] - National-level funds possess inherent advantages, including alignment with national industrial policies and strong cross-regional resource integration capabilities [2] Group 3 - Collaboration between local and national funds is expected to optimize conditions for fund returns and registrations, attracting more high-quality external venture capital institutions and projects [3] - Despite the promising outlook for central-local cooperative funds, the limited number of national-level funds necessitates that local governments enhance their core competitiveness to attract these funds [3] - Local governments must improve their industrial foundation and fund management capabilities to increase their appeal to national-level funds [3]

Core Viewpoint - The implementation of the energy industry standard "Technical Specifications for Stable Combustion and Waste Heat Utilization of Low-Concentration Coal Mine Gas" (NB/T 11753-2024) marks a significant step towards the safe and efficient utilization of low-concentration methane in coal mines, aligning with China's green and low-carbon transformation policies and enhancing the country's role in global methane commitments [1][3]. Group 1 - The standard provides systematic technical guidelines for the safe and stable combustion of low-concentration methane and direct thermal oxidation utilization, addressing key safety challenges such as backfire prevention, flameout prevention, and explosion risk [1][3]. - The standard is a response to the "14th Five-Year Plan" for energy green and low-carbon transformation and the "Methane Emission Control Action Plan," facilitating the development of carbon asset projects [1][3]. - The standard is expected to drive the industrialization of methane utilization, with a goal to increase the utilization rate from below 40% to over 60%, potentially generating over 5 billion yuan in annual economic benefits for mining areas [4][8]. Group 2 - The standard was jointly drafted by ten organizations, including Beijing Junfa Technology Group, Anhui University of Science and Technology, and China Coal Group, with contributions from leading experts in the field [4]. - The chief expert, Academician Yuan Liang, emphasized that the new standard breaks through the technical challenges of utilizing low-concentration methane directly, filling a gap in the industry standards [6]. - The implementation of the standard is projected to unlock a market space worth hundreds of billions, with existing demonstration projects validating the technology's feasibility [8].

2025年6月22日，一辆宇通氢燃料重卡缓缓启动，满载27吨日用百货一路向南直抵武汉。当 它跨越519公里从黄河之畔抵达长江岸边，中国物流业的经济天平正悄然倾斜。宇通氢燃料重 卡此次实测，全程氢耗仅7.55kg/百公里，在免缴高速通行费的政策加持下，单趟较柴油车的 运营成本净省1200元左右。 作为郑州燃料电池汽车示范应用的牵头企业，宇通以突破性技术实力和规模化运营验证，开创 氢能重卡干线物流新格局。 政策东风催生氢能动脉 当前，全国多地正积极推进氢能高速路网的铺设，河南率先将政策红利转化为产业动能。 2025年，河南省对氢能货车实施省内全年收费公路通行费用减免政策，精准击中了运营成本 这一核心痛点，此举不仅可激活超千亿级干线物流市场，为本地物流企业降本增效提供了有力 的政策支持。 政策的杠杆作用在郑州的中原氢都蓝图中体现得淋漓尽致，正有力地撬动区域经济朝着绿色转 型的方向发展。从绿氢基地的建设，到加氢站网络的不断扩张，再到氢能车辆的推广落地，一 系列举措逐步构建起了完整的产业闭环。河南氢高速政策，以其明确的导向和切实的扶持，为 本地物流企业在降低成本、提高效率方面提供了坚实的保障，助力企业在绿色物流的赛道上 ...

6月23日，小米集团创始人、董事长兼CEO雷军在微博发文称，很多朋友问我：小米YU7有没有机会超 过Model Y 在国内的销量?Model Y是行业公认的"史诗级神作"，连续多年全球销冠，击败一轮又一轮的 挑战者，非常厉害！但我们依然制定了"离谱"的目标：小米YU7要继续挑战Model Y！就产品力来说， 我特别有信心。至于销量，就看发布后大家的感觉。 小米YU7是小米汽车旗下的一款豪华型纯电SUV，将于2025年6月26日正式发布。该车型定位中高端市 场，主打高性能和豪华配置。雷军曾发微博称，小米YU7不是一辆普通的、平庸的SUV，而是一辆高性 能豪华SUV。 从市场反馈来看，小米YU7似乎已经提前预定了爆款车的身份。早前有博主分享的PPT显示，截止到5 月25日，小米YU7留资用户数是SU7发布同期的3倍。其中，超60%留资用户为首次留资，超40%留资用 户未使用过小米产品。 2021年，雷军宣布入局造车行业，彼时国内新能源汽车市场已有比亚迪、特斯拉等龙头企业和"蔚小 理"等新兴参与者，小米作为较晚入局者，面临着巨大的竞争压力。而且，小米造车属于跨界行为，缺 乏造车供应链和核心技术经验。为了顺利实现计划 ...

Core Viewpoint - China's marine economy is accelerating towards a new stage of development, with the marine GDP expected to exceed 10 trillion yuan in 2024, driven by emerging marine industries, ecological protection, and large-scale offshore wind power development [2][3][4]. Marine Emerging Industries: Innovation Engine Driving Economic Upgrade - The marine economy encompasses activities that develop marine resources and utilize marine space, with significant growth in marine engineering equipment manufacturing and marine biomedicine over the past two decades [3][4]. - The 2025 China Marine Economy Development Index shows a value of 125.2 for 2024, indicating a 2.3% increase from the previous year, reflecting strong momentum in marine economic development [3]. - In 2024, the added value of China's emerging marine industries grew by 7.2%, with marine high-end equipment manufacturing and marine biomedicine showing particularly strong performance [4]. Marine Ecological Protection: Technology Empowering Ecological Barriers - The 2024 China Marine Ecological Early Warning Monitoring Bulletin indicates that the overall marine ecological status is stable, with key ecosystems like coral reefs and seagrass beds showing good conditions [7]. - A comprehensive monitoring network has been established, integrating various technologies to monitor 136 typical ecological system distribution areas and 350 typical islands [7][8]. - The principle of land-sea coordination has been emphasized in policy, aiming for sustainable development and effective ecological protection [8][9]. Offshore Wind Power: Clean Energy Leading Industrial Transformation - In 2024, China's newly installed offshore wind power capacity reached 2.47 million kilowatts, with a cumulative capacity of 39.1 million kilowatts, maintaining the world's leading position for four consecutive years [10]. - The development of offshore wind power is supported by significant technological advancements, including large-capacity wind turbines and flexible direct current transmission technology [10]. - The offshore wind power sector is expected to become a crucial growth point for both national and global energy transitions [10].

在全球清洁能源蓬勃发展的浪潮中，中国成绩斐然。外交部发言人郭嘉昆指出，中国清洁能源发电占比已达40%，全球超46%的可再生能源岗位由中国创 造。过去十年，全球风电、光伏成本骤降60% -80%，中国贡献巨大。在"双碳"目标驱动下，新能源技术人才需求激增，北京欧倍尔新能源与储能虚拟仿真 软件应运而生，为人才培养注入强大动力。 新能源与储能虚拟仿真软件系列丰富多样，功能强大且实用。风力发电虚拟仿真软件以真实风场为蓝本，构建了涵盖风力发电机、变压器等众多设备的三维 模型。学生可进行厂区认知、风机拆装、吊装、检修及逆变实验，还能通过运行监控全面了解风场运行流程与设备原理，仿佛置身真实风场。 光伏发电系列虚拟仿真软件同样精彩。光伏组件生产3D虚拟仿真软件模拟真实生产过程，让学生亲身体验划片、分选、焊接等环节，掌握生产流程与设备 原理。光伏组件实验虚拟仿真软件支持多种实验，如伏安特性测试、环境影响实验等，帮助学生深入理解光伏发电原理。光伏电站设计3D虚拟仿真软件涵 盖电站设计、负载选型等多方面内容，光伏电站运维虚拟仿真软件则针对光伏组件、逆变器等设备提供维护指导。 综合能源微电网系列虚拟仿真软件搭建了风、光、储能新能源微 ...

Core Viewpoint - The development of long-duration energy storage technologies, particularly compressed air energy storage (CAES), is crucial for building a new power system, with the "Energy Storage No. 1" project in Shandong being a significant focus due to its innovative non-combustion technology and large scale [1][3]. Group 1: Project Overview - The "Energy Storage No. 1" project, led by China Energy Engineering Group, features a 350 MW CAES system, which is the largest single-unit capacity globally and aims to achieve full capacity grid connection by the end of 2025 [1][5]. - The project utilizes the abundant underground salt cavern resources in Tai'an, transforming them into a giant "energy bank" that stores excess electricity during low demand periods and releases it during peak demand [2][4]. Group 2: Technological Innovations - The project has achieved a breakthrough in "non-combustion" operation, eliminating the need for fossil fuels to heat the compressed air, thus achieving zero carbon emissions and pollution [3]. - The system's design allows for the recovery of heat generated during compression, which is used to enhance the efficiency of energy conversion, further contributing to its environmental benefits [3]. Group 3: Economic and Strategic Implications - The choice of a 350 MW scale is strategic, as it allows for significant contributions to regional grid stability and reduces unit investment costs, enhancing energy conversion efficiency [4]. - The project is seen as a model for activating idle resources and promoting local development, with the potential to utilize over 90% of China's rich salt cavern resources for energy transformation [4]. Group 4: Future Prospects - The project is progressing well, having completed key construction and installation milestones, with a focus on ensuring operational readiness for the planned grid connection [5]. - China Energy Engineering Group aims to leverage its technological and industrial advantages to establish itself as a leader in the global CAES market, contributing to national energy security and the achievement of carbon neutrality goals [5].

2025年是完成"十四五"节能目标的收官之年。陕西将持续提升全社会节能降碳意识和能力，加大节 能降碳工作推进力度、加力扩围支持"两新"工作、推动建立能耗双控向碳排放双控全面转型新机制、深 入开展全民节能降碳行动，推动能耗强度持续下降。 当天的活动启动仪式上，国家发展改革委能源研究所副所长孙颖以"聚焦'双碳'目标，推动节能增 效绿色发展"为主题进行宣讲。中国节能协会秘书长辛升对大规模设备更新政策进行宣讲。省能源局相 关负责人以"学习贯彻落实能源法，推动能源绿色低碳开发利用"为主题进行宣讲。部分央企驻陕企业、 省属国有企业以及有关重点用能单位、有关企业代表参加启动仪式。（记者：杨晓梅） 6月23日，主题为"节能增效，焕'新'引领"的2025年陕西省节能宣传周活动启幕。省发展改革委将 会同相关市（区）发展改革委及有关重点用能单位、企业，开展内容丰富的节能宣传进市（区）、进企 业、进校园等系列活动，并向全省手机用户发送节能宣传公益短信，在西安部分地铁线路投放节能降 碳、绿色发展相关宣传视频。省机关事务服务中心在6月25日全国低碳日当天，组织低碳日主题宣传暨 新能源汽车展示活动。 从1991年开始，我国每年举办一次全国 ...

CCUS，即二氧化碳捕集、利用与封存，指通过技术手段将二氧化碳从工业排放源中捕集，并加以利用 或安全封存的过程。因此被形象地称为"碳捕手"。 国家能源集团新能源技术研究院碳中和研究中心主任徐冬表示，近年来CCUS作为全球减缓气候变化技 术的角色和定位持续强化。CCUS技术已经被明确列入全球气候目标实现不可或缺的减排技术组合。 2015年，《巴黎协定》提出至本世纪末，相较工业化以前的水平，要将全球变暖温度控制在2摄氏度以 内，并向1.5摄氏度的目标努力。中国政府积极应对气候变化，为协定的通过发挥了重要作用。2020年9 月，中国政府在第七十五届联合国大会上提出，中国将提高国家自主贡献力度，采取更加有力的政策和 措施，二氧化碳排放力争于2030年前达到峰值，努力争取2060年前实现碳中和。 要实现这一目标，远非易事。作为发展中大国，中国经济发展仍需安全稳定的能源保障。同时，作为富 煤、贫油、少气的国家，二氧化碳含量较高的煤炭仍是我国的基础能源和重要工业原料。预计到2035 年，全国煤炭消费总量仍将保持在40亿吨左右，实现煤炭等能源行业低碳高质量发展，对于保障国家能 源安全、实现"双碳"目标具有重要意义。 CCUS ...

1、公司如何看待136号文对储能市场的影响？ 答：136号文取消了"强制配储"，短期可能会对市场造成一定的影响； 从长期来看新型电力系统建 设、双碳目标等对储能的需求并未发生重大变化，市场客户会更看重储能电站全生命周期的经济性； 智光电气倡导的级联型高压储能路线平均转换效率高（与低压方案高出6%以上） 、单机容量大、构网 能力强，全生命周期度电成本低，十分符合136号文之后配储需要。 2、公司目前的储能业务订单情况如何？ 文 | 中关村储能产业技术联盟 6月20日，智光电气披露公司《投资者关系管理信息20250619》，就136号文对储能市场的影响、公 司目前储能业务订单情况、公司投资建设的独立储能电站进展、公司海外业务布局及进展等问题予以回 复。 详情如下： 答：智光储能设备及系统集成业务在2025年以来保持了快速增长，截止目前分别在甘肃、广东、内 蒙 、 新 疆 、 河 北 、 浙 江 、 青 海 、 辽 宁 等 地 成 功 签 约 大 型 储 能 电 站 项 目 ， 中 标 / 签 约 项 目 规 模 超 4.4GWh，其中级联型高压直挂储能项目超过2.7GWh。 3、公司投资建设的独立储能电站进展如何 ...