中国科学院半导体研究所研制出光电转换效率超27%的钙钛矿太阳能电池原型器件；南京工业大学将钙 钛矿叠层LED外量子效率突破45%；隆基绿能科技股份有限公司研发的柔性晶硅-钙钛矿叠层电池效率 达29.8%……近期，我国高校、科研院所和企业在钙钛矿电池领域不断取得新突破，钙钛矿电池赛道持 续升温。 被视为下一代光伏技术 黄维表示，尽管团队制备的叠层钙钛矿LED尚处于实验室阶段，但器件效率已达商业化水平，团队将尝 试放大实验室成果，稳步推进钙钛矿LED产业化。 "面对新能源大规模并网、新型电力系统建设的要求，需要寻找更高效、更经济、更多元的能源技术路 线，钙钛矿电池技术是具有潜力的突破口之一。"中国能源研究会理事长史玉波表示，钙钛矿制备成本 仅为晶硅的1/3，具有柔性、轻薄、可定制特性。不仅能在光伏领域与晶硅形成叠层互补，更能跨界延 伸至显示、传感、储能等场景。 "钙钛矿电池被视为下一代光伏技术。相较于传统晶硅电池，钙钛矿电池因其柔性、质轻等特性，即使 在阴天等弱光条件下，也能保持较为稳定的光电转换效率。"京东方科技集团副总裁、首席品牌官司达 说，钙钛矿电池应用场景更为广泛，能够应用于新能源汽车、光伏玻璃建筑一体化 ...

Core Viewpoint - The company is actively developing perovskite and tandem solar cell technologies, with current research focused on tandem cells, and aims to launch a high-efficiency product by 2027 [1] Group 1: Research and Development - The company has a dedicated research team for perovskite technology, currently at the laboratory stage [1] - The perovskite/silicon heterojunction tandem solar cell developed by the company's global photovoltaic research institute has achieved a conversion efficiency of 30.99% [1] - The research institute plans to introduce a perovskite tandem solar cell with a power output exceeding 850W by 2027 [1] Group 2: Production Plans - There are inquiries regarding the construction progress of pilot production lines and mass production plans for perovskite solar cells [1]

Core Viewpoint - The company is actively developing perovskite and tandem solar cell technologies, currently in the experimental phase, with plans for future production lines and efficiency improvements [2]. Group 1: Company Developments - The company has a dedicated research team focused on perovskite technology, specifically in tandem solar cells [2]. - The perovskite solar cell technology is still in the laboratory stage, indicating ongoing research and development efforts [2]. - The company’s research institute has achieved a conversion efficiency of 30.99% for perovskite/silicon heterojunction tandem solar cells, certified by the National Solar Photovoltaic Product Quality Inspection and Testing Center [2]. Group 2: Future Plans - The research institute plans to launch perovskite tandem solar cells with a power output exceeding 850W by 2027 [2]. - Investors are encouraged to follow the company's announcements on the designated information disclosure website for further updates [2].

Group 1 - The company is currently in the research and development phase of perovskite-silicon tandem battery technology, and large-scale production and application are still early [2] - The company will continue to monitor industry technological developments and applications [2]

Core Viewpoint - The company is actively advancing its research and development efforts in perovskite battery technology, particularly focusing on the application of flexible glass as a substrate to enhance durability and efficiency [2]. Group 1: Company Developments - The company has patented two innovations related to perovskite batteries: one addresses the issue of cracking and short lifespan by using high-strength flexible glass as a substrate, and the other combines flexible glass with CIGS (Copper Indium Gallium Selenide) absorption layers to achieve a target efficiency of over 30% [2]. - The company emphasizes the importance of new materials, such as flexible glass, in the application of perovskite batteries and is committed to advancing related technological breakthroughs [2].

Industry Insights - The National Energy Administration has issued guidelines to promote the integrated development of renewable energy, emphasizing the optimization of energy structure and storage configuration in "Shage Desert" renewable energy bases [1] - A rumor regarding the establishment of an alliance for photovoltaic silicon materials and components led to a significant drop in the photovoltaic sector, but both the China Photovoltaic Industry Association and JA Solar Technology have denied the claims, stating that relevant work is progressing steadily [4] Market Trends - OPEC's monthly oil market report indicates a potential oversupply in the global oil market by 2026, contrasting previous forecasts of sustained demand, resulting in a nearly 4% drop in Brent crude oil futures [2] - The A-share market is expected to maintain a volatile trend in the short term, with a potential peak in the spring of 2026, according to Shenwan Hongyuan [6] - Zhongyuan Securities suggests that the index is likely to consolidate around the 4000-point mark, with cyclical and technology sectors expected to perform alternately [7] Technological Developments - Significant advancements in perovskite light-emitting diodes have been reported, with efficiency reaching 45.5%, paving the way for large-scale commercial applications in the future [8] - The first flying car factory with a production capacity of "ten thousand units" has entered the trial production phase in Guangzhou, indicating a move towards commercialization in the eVTOL sector [8] - Waymo has launched the first highway Robotaxi service, marking a new phase in commercialization for autonomous vehicles, with domestic related industries likely to benefit [9]

Core Insights - The perovskite solar cell sector has seen significant stock price increases, with companies like Zhonglai Co. rising by 20% and several others experiencing gains of over 10% due to advancements in perovskite solar technology [1][2]. Industry Developments - A research team from the Chinese Academy of Sciences has developed a perovskite solar cell prototype with a conversion efficiency of 27.2%, marking a critical step towards industrialization [2]. - The first GW-level perovskite photovoltaic module production line has commenced operations in Wuxi, Jiangsu, capable of producing approximately 1.8 million perovskite solar modules annually [2]. Market Trends - The perovskite solar cell technology is recognized as a potential next-generation photovoltaic technology due to its high theoretical conversion efficiency and low material costs [3]. - The industry is experiencing a shift towards supply chain autonomy and technological advancements, with significant milestones being achieved in production capabilities [4]. Investment Opportunities - Analysts suggest focusing on companies benefiting from supply-side reforms and technological upgrades, including Longi Green Energy, JA Solar, and JinkoSolar [4]. - The ongoing development of perovskite technology is expected to create long-term growth opportunities for firms like Maiwei Co. and Aisxu Co. [4].

Core Viewpoint - The perovskite solar cell sector has seen significant advancements, with stocks related to this field experiencing substantial gains, driven by the development of a perovskite solar cell with over 27% efficiency, indicating a potential shift towards this technology as the next generation of photovoltaic solutions [1][2][3]. Group 1: Market Performance - Perovskite-related stocks surged, with Zhonglai Co. rising by 20%, and several other companies like Delong Laser and Kuake Electronics increasing by over 10% [1]. - Companies such as GCL-Poly, Jincheng Co., and Zhongli Group reached their daily trading limits, reflecting strong market interest [1]. Group 2: Technological Advancements - A research team from the Chinese Academy of Sciences developed a perovskite solar cell prototype with a light conversion efficiency of 27.2%, significantly improving its operational stability [2]. - The first GW-level perovskite photovoltaic module production line has commenced operations, marking a new era for large-scale production in this technology [2]. Group 3: Industry Outlook - Analysts believe that perovskite cells, due to their high efficiency potential and low material costs, are likely to become a key direction for future photovoltaic technology [3]. - The industry is witnessing a trend of technological upgrades and rational capacity planning, focusing on improving battery conversion efficiency and transitioning from laboratory to industrial scale [3][4]. Group 4: Investment Opportunities - Key investment areas include supply-side reforms leading to price increases, long-term growth opportunities from new technologies, and industrialization prospects from GW-level perovskite layouts [4]. - Companies such as Longi Green Energy, JA Solar, and Trina Solar are highlighted as potential beneficiaries of these trends [4].

Core Insights - The perovskite solar cell industry is experiencing significant advancements, with a prototype achieving a power conversion efficiency of 27.2% and improved operational stability, laying a crucial foundation for industrial development [3][4]. Perovskite Solar Cell Developments - A research team from the Chinese Academy of Sciences has developed a perovskite solar cell prototype with a power conversion efficiency of 27.2%, significantly enhancing its operational stability [3]. - The quality of the perovskite film has improved, with carrier lifetime extended to 20 microseconds and a substantial reduction in interface defect density [3]. - The solar cell maintained 86.3% of its initial efficiency after 1529 hours of continuous operation and 82.8% after 1000 hours under accelerated aging conditions at 85°C [3]. Industry Milestones - GCL-Poly's GW-level perovskite production line has achieved a historic milestone with the first large-sized commercial perovskite module being produced [3]. - The domestic production rate of TCO conductive film glass has surpassed 95%, enhancing supply chain security [3]. Market Trends and Investment Opportunities - The perovskite sector is witnessing a robust trend of "technological breakthroughs, industrial implementation, and supply chain localization," focusing on three main areas: supply-side reform leading to price increases, long-term growth opportunities from new technologies, and industrialization opportunities from GW-level perovskite layouts [4]. Stock Performance and Financing - A total of seven perovskite battery stocks have seen net financing purchases exceeding 100 million yuan since Q4 2025, with Longi Green Energy and Aiko Solar leading the list [6]. - Longi Green Energy reported a revenue of 50.915 billion yuan for the first three quarters, a year-on-year decrease of 13.10%, while its net profit was a loss of 3.403 billion yuan, showing a reduction in losses compared to the previous year [9]. - Tongwei Co. achieved a revenue of 64.6 billion yuan, down 5.38% year-on-year, with a net loss of 5.27 billion yuan, also showing a reduction in losses [9]. Companies with Stable Growth - Thirteen perovskite battery stocks reported net profits exceeding 100 million yuan with stable growth, including Jietu, Xian Dao Intelligent, and Weidao Nano, with profit growth rates of 97.3%, 94.97%, and 64.84% respectively [10]. - Jietu achieved a revenue of 1.509 billion yuan, a year-on-year increase of 41.02%, while Xian Dao Intelligent reported a revenue of 10.439 billion yuan, up 14.56% year-on-year [10].

Core Viewpoint - The company, Jiejia Weichuang, is actively engaged in the development of perovskite solar cell technology while maintaining its focus on TOPCon technology, indicating a commitment to innovation and meeting customer demands in the photovoltaic sector [2]. Company Developments - Jiejia Weichuang has successfully delivered perovskite solar cell production line equipment to customers, showcasing its capability in providing comprehensive solutions in this emerging technology [2]. - The company is continuously innovating and breaking through in the perovskite equipment field, aligning with technological advancements and customer needs [2]. Industry Trends - The photovoltaic industry is witnessing ongoing developments in various technologies, including TOPCon, XBC, and perovskite, highlighting a dynamic and evolving market landscape [2].