Group 1 - The Gusu Converter Station, operational since December 2022, has a capacity of 16 million kilowatts and has delivered 76.6704 billion kilowatt-hours of electricity by September 30, 2023, alleviating power supply issues in East China and promoting energy structure adjustments [1] - Suzhou is advancing its new energy industry with a focus on clean, low-carbon, and efficient energy, aiming to establish a "6+1" new energy industry system, with a projected total output value exceeding 820 billion yuan by 2024 [1] Group 2 - Suzhou has 160,000 industrial enterprises, with a significant focus on high-output, high-energy-consuming sectors like electronic information and equipment manufacturing, leading to the highest industrial electricity consumption in the country [2] - The "Suzhou New Energy Industry High-Quality Development Three-Year Action Plan (2024-2026)" aims for the new energy industry output to exceed 1 trillion yuan by 2026, establishing it as the fourth trillion-level industry cluster after electronic information, high-end equipment, and advanced materials [2] - The integration of technological and industrial innovation in manufacturing is driving the growth of the new energy sector, with companies like Qingtao Energy and GCL-Poly Energy leading advancements in solid-state lithium batteries and perovskite solar cells [2] Group 3 - Suzhou High-tech Zone is becoming a hub for research and development, housing over 1,600 new energy-related enterprises, including 506 large-scale enterprises and 292 high-tech firms, ranking fourth in the "2024 Hurun China New Energy Industry Cluster City List" [3] - The Huaneng Suzhou Gas Turbine Demonstration Project, with a capacity of 217 megawatts, is the first domestically produced F-class gas turbine unit, serving as a key energy support point in the western area of Suzhou [3]

Group 1 - The "Xiangcheng Economic Development Zone Energy Center" is set to officially open on October 23, 2025, coinciding with the International Energy Transformation Forum, showcasing Suzhou's latest advancements in energy transition [1] - The energy center will serve as a central air conditioning system for surrounding enterprises, providing year-round heating and cooling services to nearly 1 million square meters of office, commercial, hotel, and residential spaces within a 2-kilometer radius, with expected annual savings of 2,562 tons of standard coal and a reduction of 6,558 tons of CO2 emissions [1] - Suzhou is building a comprehensive energy digital management system across the city, integrating low-carbon energy technologies to maximize the use of renewable resources and achieve efficient energy conversion and storage [1] Group 2 - The establishment of regional energy centers is part of Suzhou's broader initiative to optimize enterprise services and reduce operational costs, with a focus on lowering energy costs as outlined in the "Suzhou City Comprehensive Cost Reduction Work Plan" released in April [2] - Companies like Guangguang Electric Power Technology (Suzhou) Co., Ltd. have adopted "photovoltaic + energy storage" smart microgrid solutions, resulting in solar power accounting for 7% of their total energy consumption and an estimated annual savings of 5.22 million yuan in electricity costs [2] - Donghua Energy (Zhangjiagang) New Materials Co., Ltd. has improved steam utilization efficiency from around 10% to 90% by implementing steam cascading waste heat power generation technology, significantly enhancing overall energy efficiency [2] Group 3 - Suzhou aims to leverage its industrial park advantages and collaborate with enterprises to implement a "full-process energy efficiency" concept, ensuring stable, safe, efficient, and energy-saving supply systems while reshaping the green development value chain [3]

李填 博士 国轩高科 董事长 G高工锂电修 2025年11月18-20日 深圳前海华侨城JW万豪酒店 I 90 3 . 码 上 报 名 全球能源变革加速演进,格局重构 版图,人类能源文明正谱写新篇章。能源 技术创新从无灵光乍现的偶然,唯有长期 深耕才是必然。我始终坚信,要用"慢功 夫"做"难而正确"的事,用"真智慧" 解"无限可能"的题。身处百年变局,投 机取巧、不重科学终将被淘汰,唯有坚持 真理、聚焦实干方能跨越。国轩高科不惧 短期得失,不为乱象所惑。真正的科学探 索从不为掌声停留,思想引永远属于"无 人区"的拓荒者。 来源：2025全球科技大会国轩致辞2025.05 激荡十五载 瞭望新征程 ２０２５第十五届高工锂电年会 暨十五周年庆典＆高工金球奖颁奖典礼 ...

Core Points - The National Energy Administration will co-host the 2025 International Energy Transformation Forum with the International Renewable Energy Agency and the Jiangsu Provincial Government from October 23 to 25 in Suzhou, Jiangsu [1] - The theme of the forum is "Ten Years Together in Energy Transformation, Innovation Leading a Green Future" [1] - Key topics include international cooperation in new energy technology innovation, global clean energy industry and supply chain cooperation, building a win-win model for green low-carbon energy transition, and the construction and reform of the international energy governance system [1] - The forum will invite energy ministers from relevant countries, ambassadors to China, and leaders of international organizations to attend [1]

Core Viewpoint - The defense and military industry in China has shown resilience and growth despite recent tariff escalations, with the sector benefiting from strong domestic demand and limited impact from international trade disruptions [1][4]. Market Performance - On October 13, A-shares fell collectively, with only four out of thirty industry sectors showing gains, among which the defense and military sector led with a rise of 0.97% [1][2]. - The defense and military ETF (512810) demonstrated upward movement, even reversing into positive territory during market fluctuations, indicating strong buying interest [2][4]. Sector Analysis - The defense and military sector is characterized by rigid domestic demand and self-sufficiency, making it less vulnerable to international trade tensions [4]. - The industry is poised for growth due to the trend of high-end equipment self-sufficiency and the ongoing upgrade of China's industrial capabilities, which enhances the global competitiveness of domestic companies [4]. - Current valuations in the sector are considered reasonable, with long-term growth driven by advancements in digital technology and energy transformation [4]. Investment Tool - The defense and military ETF (512810) serves as an efficient investment vehicle, covering a range of themes including nuclear fusion, commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, and military AI [4].

当今世界正经历百年未有之大变局，绿色发展成为应对全球性挑战的关键路径。中国经 济长期保持平稳健康发展，锚定"双碳"目标，加快能源变革，推动经济社会发展全面绿色转 型，不仅为世界经济发展注入确定性，更为全球可持续发展注入活力。 绿色发展是理念。创新、协调、绿色、开放、共享的新发展理念，为新时代中国经济的 跨越与蝶变提供了根本指引。 党的十八大以来，我们牢固树立"绿水青山就是金山银山"理念，坚决打好蓝天、碧水、 净土保卫战，协同推进降碳、减污、扩绿、增长，加快推动能源结构调整、产业结构转型升 级，建成全球规模最大的可再生能源体系，水电、风电、太阳能发电装机都稳居世界第一， 全国用电量中绿电占比达三成。我们以发展"含绿量"持续提升经济的"含金量"，让经济发展 更具韧性、更能从容应对内外部的复杂挑战。 今年9月24日，我国在联合国气候变化峰会上宣布新一轮国家自主贡献，明确了到2035 年的全经济范围温室气体净排放量比峰值下降目标，以及非化石能源消费占比、"风光"发电 总装机目标。承诺目标的背后，是能源变革进程中能耗强度持续降低、是建成全球最大清洁 能源供应体系所赋予的底气。 2012年以来，我国能耗强度累计降幅超过2 ...

Core Viewpoint - The article emphasizes that green development is a key pathway to address global challenges, with China committing to a comprehensive green transformation of its economy and society to achieve its "dual carbon" goals, thereby injecting certainty into global economic development and vitality into sustainable development [1]. Group 1: Green Development as a Concept - The new development philosophy of innovation, coordination, green, openness, and sharing provides fundamental guidance for China's economic transformation [1]. - Since the 18th National Congress, China has firmly established the concept that "lucid waters and lush mountains are invaluable assets," actively promoting the protection of blue skies, clear waters, and clean land [1]. Group 2: Green Development as Momentum - China has seen a cumulative reduction in energy intensity of over 26% since 2012, equivalent to saving 140 million tons of standard coal and reducing carbon dioxide emissions by approximately 3 billion tons, making it one of the fastest countries in energy intensity reduction [2]. - The focus on green manufacturing in traditional industries is driving a comprehensive green transformation of the economy and society [2]. Group 3: Energy Production and Consumption - During the 14th Five-Year Plan period, the proportion of renewable energy generation capacity in China increased from 40% to 60%, with annual new installations of wind and solar power exceeding 100 million, 200 million, and 300 million kilowatts [3]. - Currently, one-third of the total electricity consumption in China is green electricity, with non-fossil energy consumption increasing by 1 percentage point annually [3]. Group 4: Practical Applications of Green Development - The first renewable energy "carbon-neutral" park in Beijing has achieved self-supply of green electricity, reducing total carbon emissions by 6,158 tons annually [4]. - The world's first ultra-heavy oil solar thermal extraction project in Xinjiang replaces traditional heating methods with solar technology, achieving zero-carbon oil extraction and reducing carbon emissions by 0.85 million tons annually [4]. Group 5: Economic Transformation through Energy Reform - Energy reform is not just about optimizing energy structure but also fundamentally transforming the economic development model from fossil fuel-dependent "black growth" to innovation-driven "green prosperity" [5]. - This systemic transformation aims to anchor economic growth on a sustainable development path, injecting strong green momentum into China's modernization [5].

连亏七个季度的光伏行业要走出困境，仍有待国家层面的"反内卷"取得更进一步的实质性进展。与此形成鲜明对比的是，和光伏堪称孪 生的储能行业，近期在市场的关注度正急剧上升。储能热度高企，不仅在产业端出现"一芯难求"的行情，在二级市场上更以66.80%的近 一年涨幅（储能指数，884790.WI）大幅跑赢沪深300（涨幅15.50%）。 颇有意思的是，在这场全球能源变革的大潮中，中国光伏民营企业在储能上的战略选择与进化节奏不尽相同。第一财经记者注意到，不 同于通威股份（600438.SH）、隆基绿能（601012.SH）等"略显犹豫"的头部光伏厂商，天合光能（688599.SH）已将储能业务板块的定位 拔到第二增长曲线的高度，6月份为天合储能增资8.07亿元，9月份披露签署2.48GWh大单。 那么公司后续在储能板块有何战略规划？怎么看待眼下储能行业"内卷"生态？就这些问题，第一财经记者国庆假期期间采访了天合光能 储能事业部总裁杨豹。 电芯自研自供背后 行业机构Infolink Consulting发布的全球储能系统出货量报告显示，2024年，天合储能位列全球储能系统集成商中国企业第九，在中国、 英国、澳大利亚市场进 ...

Core Viewpoint - The article highlights the transformation in energy consumption in Guangxi, where the introduction of natural gas pipelines has significantly improved the convenience of energy use for local communities, marking a significant shift from traditional wood burning to natural gas [1] Group 1: Community Impact - The construction of oil and gas pipelines has brought many workers, referred to as "贝侬," into Guangxi, enhancing community access to natural gas [1] - Residents have experienced a shift in energy sources, moving from burning wood to using natural gas, which is now more convenient than tap water [1] - The local population has witnessed and benefited from this energy transformation, fulfilling a long-held aspiration for modern energy solutions [1]

Core Viewpoint - The article highlights the significant growth and opportunities in the energy storage industry, particularly focusing on CATL's recent achievements and financial performance, indicating a robust market demand driven by global energy transformation efforts [1][2]. Group 1: Project Announcements - On August 4, CATL won a bid for a 500,000 kW/2,000,000 kWh energy storage project in Tongliao, with a total contract value of 1.258 billion yuan, translating to a unit price of 0.629 yuan/Wh [1]. - This project follows CATL's previous order from Vanda RE for a 2.2 GWh battery storage system, marking it as one of the largest single storage orders in Southeast Asia [1]. Group 2: Financial Performance - In the first half of 2025, CATL reported revenue of 178.886 billion yuan, a year-on-year increase of 7.27%, and a net profit attributable to shareholders of 30.5 billion yuan, up 33.33% [2]. - The company plans to distribute a cash dividend of 10.07 yuan per 10 shares, totaling 4.573 billion yuan [2]. Group 3: Product Performance - Revenue from CATL's energy storage battery systems was 28.4 billion yuan, a slight decline of 1.47% year-on-year, while the gross margin for this segment increased to 25.52%, up 1.11% [2]. - The revenue from the power battery system reached 131.573 billion yuan, reflecting a growth of 16.80%, although its gross margin decreased to 22.41%, down 1.07% [2]. Group 4: Market Outlook - CATL anticipates continued rapid growth in the energy storage battery market, driven by the global shift towards clean energy, increased installation of wind and solar power, and advancements in storage technology [2].