SOFC 行业最新进展 20251113 目前市场上流通的 SOFC 主要有三种支撑方式：阳极支撑、电解质支撑和金属 支撑。阳极支撑的特点是阳极材料较厚，通常在 300 至 500 微米之间。电解 质支撑则是电解质层较厚，而阳极和阴极层较薄。金属支撑则以金属为基体， 其他功能层如阳极、电解质和阴极都相对较薄，通常在几十微米左右。 从技术 角度来看，阳极支撑工艺相对简单，技术难度低，因此发展较早且应用广泛。 电解质支撑需要在更高温度下运行，以降低欧姆阻抗，其系统运行温度一般在 800 至 900 摄氏度之间。而金属支撑的优点是能够将运行温度降至 600 至 650 摄氏度，这样可以使用更广泛、更便宜的材料，如换热器、重整器和燃烧 器等热部件。 SOFC 在数据中心和热电联供领域具有重要应用前景，尤其是在碳排放 和电效益方面优于燃气轮机，尽管建设成本较高，但其发电效率几乎是 燃气轮机的两倍，度电成本更具竞争力。 公司在北美市场面临的主要挑战是产品认证，而非贸易摩擦，关键在于 产品的稳定性和认证能力，目前尚未深入对接具体客户，预计 2026 年 将有更多人员投入市场拓展工作。 摘要 金属支撑 SOFC 通过采用实密 ...

Core Viewpoint - The company is responding to heightened investor interest in its Solid Oxide Fuel Cell (SOFC) project by organizing a specialized communication meeting with analysts on November 11, 2025 [1] Group 1: Project Development - The company initiated the SOFC project in 2020 and has established a dedicated R&D team focused on the development of solid oxide battery technology [1] - Research and development efforts are concentrated on key areas of the supply chain, including critical powder materials, single cells, stacks, and systems, which have been ongoing for five years [1] Group 2: Supply Chain and Cost Management - As of now, the company has achieved self-sufficiency in core segments of the SOFC supply chain, including key powder materials, single cells, stacks, and critical components [1] - This self-sufficiency is expected to lower production costs and ensure stable quality, laying a solid foundation for gradual industrialization [1] Group 3: Competitive Advantage - The company's SOFC product architecture differs from competitors by utilizing conventional stainless steel for the main connecting materials, significantly reducing the amount of chromium used [1] - Consequently, fluctuations in the price of metallic chromium have a minimal impact on the cost of the company's SOFC products [1]

Core Viewpoint - The company is actively developing metal-supported solid oxide fuel cells (MS-SOC) in collaboration with leading domestic research institutions, focusing on key materials and production processes [1] Group 1 - The company has achieved stable integration of metal-ceramic interfaces and has mastered the full-process independent production technology for single cells [1] - The company is currently advancing process scaling and system adaptation work, although it has not yet generated operating revenue [1]

Core Insights - The article highlights the rapid deployment of AI data center SOFC (Solid Oxide Fuel Cell) power supply projects, which are attracting major companies like Oracle and Intel due to their high efficiency, continuous operation, and modular construction [1] Group 1: Market Opportunity - SOFC currently has a penetration rate of only about 1.1% in the data center power market, indicating significant growth potential [1] - The average selling price of leading suppliers has decreased by 50%, approaching a critical point for large-scale commercialization [1] Group 2: Industry Structure - The SOFC industry chain is divided into three main segments: upstream materials, midstream components and stacks, and downstream system integration [1] - The company mentioned is the largest single-cell SOFC supplier in the European market, positioning itself strongly within the industry [1]

Company News - China Heavy Industry announced on August 14 that it has submitted an application for voluntary termination of its A-share listing [7] - China Telecom reported a net profit of 23.02 billion yuan for the first half of the year and plans to distribute an interim dividend of 16.58 billion yuan [8] - Tianpu Co. announced that its actual controller is planning a change in company control, and its stock will be suspended from trading starting tomorrow [9] Industry News - The number of investors participating in margin trading reached 523,400 on August 13, marking a new high for the year, with an increase of 46,100 from the previous trading day, a 9.67% month-on-month growth [4] - The China Chemical and Physical Power Industry Association released a draft proposal on August 14 to maintain fair competition and promote healthy development in the energy storage industry, with 152 energy storage companies participating in the initiative [6] - Jiangsu Province announced on August 14 that it will waive towing and lifting fees for vehicle rescue services on highways starting in September, making it the first province to fully exempt these fees [6] - The Guizhou Provincial Government issued a three-year action plan for the high-quality development of the low-altitude economy, aiming to establish a basic low-altitude management mechanism by 2027 [6] Global Market - The U.S. stock market saw most indices rise, with the S&P 500 index reaching a new record closing high for three consecutive trading days, up 0.03% [10] - International crude oil futures prices increased by approximately 2%, with WTI crude oil futures for September rising by 2.09% [11] - COMEX gold futures fell by 0.77%, settling at $3,382 per ounce, while silver futures dropped by 1.46% to $38.04 per ounce [11]