《 关 于 深 化 新 能 源 上 网 电 价 市 场 化 改 革 促 进 新 能 源 高 质 量 发 展 的 通 知 》 （ 发 改 价 格 〔2 0 2 5〕1 36号）的发布，加速推进了新能源全面参与市场交易的进程，并做好与既往政 策机制的衔接。136号文省级配套细则，进一步明确储能独立市场主体地位、聚焦系统灵 活性提升、明确存量/增量新能源交易机制，确定机制电量规模和电价水平、建立差价结 算方式，为大规模储能的规范发展与价值释放筑牢了关键政策支撑，为新型储能的高质量 发展提供了全方位指引。 西部地区是我国可再生能源富集区，肩负保障能源安全与实现"双碳"目标的双重使命。内 蒙 古 依 托 全 国 领 先 的 风 光 土 地 资 源 ， 建 成 全 球 最 大 风 电 光 伏 集 群 ， 通 过 源 网 荷 储 一 体 化、"沙戈荒"基地等工程引领多能协同创新。2 0 2 4年内蒙古未入市新能源已不足 10%， 其电力市场化程度走在全国前列，反映出内蒙古独特的市场环境，全区新能源项目可更快 速地向全面市场化交易转变，大规模存量项目的合理过渡以应对多变市场环境成为关键。 同时，也亟需解决系统灵活性不足、市场 ...

Key Takeaways SMCI's server and storage revenues jumped 19% YoY in Q3 FY25, driven by HPC and AI workload demand. The company launched modular DCBBS solutions and new 4-Socket X14 Servers with Intel Xeon 6 processors. SMCI's offerings support SAP HANA, Oracle Linux, and aim to streamline powerful data center deployment.Super Micro Computer’s (SMCI) server and storage segment has experienced massive traction in recent times. The recent growth has primarily been fueled by demand in high performance computin ...

Tesla Inc.'s TSLA red-hot energy storage business is suddenly staring down a geopolitical cold front—and President Donald Trump may be at the center of it. With second-quarter earnings set for Wednesday, Wall Street is watching closely to see whether Elon Musk's energy ambitions can withstand a fresh wave of tariff tensions that threaten to hit the battery segment harder than the EV business.According to Cantor Fitzgerald analyst Andres Sheppard, Tesla's previously sky-high growth expectations are likely du ...

Quanta Operating Companies Collaborate to Achieve Solar and Energy Storage Industry Top SpotHOUSTON, July 22, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that it has been named the top solar solutions provider in the United States by Solar Power World for the second time in three years and the top energy storage solutions provider in Solar Power World's first-ever ranking. Quanta operating companies, utilizing their combined expertise and collaborative efforts, installed more than ...

Core Insights - Tesla is expected to release its second-quarter 2025 results on July 23, focusing on improvements in its Energy & Service and Other Businesses [1] Financial Performance - In Q1 2025, Tesla reported earnings per share of 27 cents, down from 45 cents year-over-year, and missed the Zacks Consensus Estimate of 44 cents [3] - Total revenues for Q1 2025 were $19.33 billion, a 9% decline year-over-year, also missing the consensus mark of $21 billion [3] - Cash and cash equivalents stood at $37 billion as of March 31, 2025, with long-term debt decreasing to $5.3 billion from $5.7 billion at the end of 2024 [5] Energy & Service Business - Energy deployment in Q1 2025 rose to 10.4 GWh from 4.05 GWh in Q1 2024, with Energy Generation and Storage revenues totaling $2.73 billion, a 67% increase year-over-year [4] - The company expects revenues from the Energy Generation & Storage business to reach $3.04 billion, indicating a 0.7% year-over-year increase, with gross margin expected to rise to 26.7% from 24.6% [6] - Services and Other revenues are projected to be around $3.15 billion, reflecting a 20.7% year-over-year increase, with gross margin expected to improve to 10% from 6.4% [7] Market Expectations - The Zacks Consensus Estimate for Q2 2025 earnings is 40 cents per share, representing a 23.08% decline year-over-year, with sales estimated at $22.48 billion, an 11.85% decline [8] - Tesla's core EV business is facing challenges with weaker deliveries, but rising gross profits from Energy & Service and Other Businesses may offset losses in Q2 [8]

Core Insights - Super Micro Computer (SMCI) stock has increased by 69.3% over the past three months, outperforming the Zacks Computer-Storage Devices industry's return of 54.8% [1][6] - The stock is currently considered overvalued, trading at a forward 12 months P/E ratio of 19.49X, compared to the industry's 18.59X [4][6] Performance and Valuation - SMCI's stock has shown high volatility, with a significant price increase recently [4] - The gross margin for SMCI has been inconsistent, with a decline of 590 basis points year-over-year and 220 basis points sequentially to 9.7% in Q3 FY25 [11][13] Competitive Landscape - SMCI faces strong competition from major players in the storage and server market, including Pure Storage, Dell Technologies, and Hewlett Packard Enterprise [7][8] - Dell Technologies reported a 16% year-over-year growth in AI-optimized servers, with orders worth $12.1 billion for AI servers in Q1 FY26 [8] Margin Pressures - The company is experiencing margin contraction due to rising competition, price cuts, and delayed transitions to AI platforms [6][9] - High inventory reserves for older-generation products and increased costs associated with new product ramp-ups are contributing to margin pressures [11][13] Earnings Estimates - The Zacks Consensus Estimates for SMCI's fiscal 2025 bottom line is projected at $2.07, indicating a year-over-year decline of 6.33% [13][14] - Year-over-year growth estimates for the next fiscal year show a potential increase of 26.33% [14] Conclusion - Given the current challenges, including delayed purchasing decisions and margin contraction, the recommendation is to avoid investing in SMCI stock at this time [15]

招标范围： 20MW/80MWh电化学储 储能 系统及配套设施所需所有设备的供货及安装，包括但不限 于 储能 电池舱单元、变流升压集装箱系统、能量管理系统（EMS）、 储能 电芯数据分析预警系统、 储能 UPS电源屏、电缆、光纤、配电系统、视频监控子系统、环境监测子系统、安全警卫子系统、消 防系统、 储能 智慧化监控及管控部分等设备的设计及供货范围内设备元件的选择、设计、制造、提供 图纸资料、试验与抽检、供货、包装、发运、现场交货、现场安装指导、现场调试、协助验收等工作。 文 | 中关村储能产业技术联盟 7月21日， 国华投资2025年第二批 储能 系统设备集中采购公开招标公告发布，招标项目位于 秦皇岛 昌黎县，为海上光伏配置储能项目，储能 按光伏交流测装机总容量10%，配置20MW/80MWh跟网型 储能 。 招标人： 国华能源投资有限公司 项目单位： 国华（秦皇岛）新能源有限公司 项目概况： 国华投资国华（秦皇岛）新能源有限公司秦皇岛昌黎海上光伏试点项目直流侧装机容量 265.06MWp，交流侧容量201.6MW，容配比约为1.3，由21个9.6MW 光伏发电单元组成。光伏场 区设3回66kV集电线路，每 ...

Core Viewpoint - CATL has secured a significant supply agreement with Vanda RE for a total of 2.2 GWh of battery energy storage systems, reflecting the growing demand for clean energy solutions globally [1][4]. Group 1: Company Developments - CATL signed a framework supply agreement with Vanda RE, a renewable energy developer based in Singapore, to supply battery energy storage systems [1]. - The battery storage systems will be produced at CATL's factory in West Java, Indonesia, which has a total production capacity of 15 GWh [3]. - The project in Indonesia is part of a larger initiative to develop a solar and storage project, which includes a 2 GW photovoltaic power station and a 4.4 GWh storage system, making it one of the largest integrated solar-storage projects in Southeast Asia [1]. Group 2: Market Trends - The global demand for energy storage systems has been rapidly increasing, with a notable growth in overseas orders for Chinese battery companies, including CATL and BYD [5][6]. - According to CITIC Securities, global energy storage installations are expected to grow by 42.2% year-on-year by 2025, reaching 266 GWh [6]. - In the first half of 2025, the global battery energy storage system market saw a significant increase, with new installations reaching 86.7 GWh, a 54% increase compared to the same period in 2024 [6]. Group 3: Financial Performance - In 2024, CATL's energy storage battery system sales are projected to reach 93 GWh, contributing approximately 57.29 billion yuan to the company's total revenue, which accounts for 15.83% of total revenue [7]. - The gross margin for energy storage batteries has surpassed that of power batteries for the first time, standing at 26.84% compared to 23.94% for power batteries [7].

Group 1: Stock Performance - Pure Storage (PSTG) stock increased by 1.52% to $58.12, outperforming the S&P 500 which had a daily loss of 0.01% [1] - Over the past month, PSTG shares gained 8.28%, surpassing the Computer and Technology sector's gain of 7.44% and the S&P 500's gain of 5.37% [1] Group 2: Upcoming Earnings - Pure Storage is projected to report earnings of $0.4 per share, reflecting a year-over-year decline of 9.09% [2] - The consensus estimate for revenue is $845.76 million, indicating a 10.74% increase compared to the same quarter last year [2] Group 3: Annual Estimates - For the annual period, earnings are anticipated to be $1.82 per share and revenue is expected to reach $3.52 billion, representing shifts of +7.69% and +11.01% respectively from the previous year [3] - Recent changes to analyst estimates suggest evolving short-term business trends, with positive revisions indicating analysts' confidence in business performance [3] Group 4: Valuation Metrics - Pure Storage has a Forward P/E ratio of 31.47, indicating a premium compared to its industry's Forward P/E of 13.88 [6] - The company holds a PEG ratio of 1.69, while the Computer-Storage Devices industry has an average PEG ratio of 2 [6] Group 5: Industry Ranking - The Computer-Storage Devices industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 11, placing it in the top 5% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - New Zealand Energy Corp. has successfully completed a non-brokered private placement of common shares, raising gross proceeds of C$2,718,640, and has settled outstanding debts through share issuance [1][2][3] Group 1: Private Placement Details - The company issued 15,103,556 common shares at a price of C$0.18 per share [1] - The proceeds will be used for the Tariki gas storage project, debt settlement with Vliet, and general working capital [2] - All common shares issued are subject to a hold period expiring on November 19, 2025 [2] Group 2: Debt Settlement - NZEC settled a debt of $300,000 to Charlestown Energy Partners by issuing 1,666,667 common shares at a deemed price of C$0.18 per share [1] - The company also issued 1,000,000 common shares to Vliet to terminate an outstanding loan of C$2,000,000 plus accrued interest [1][2] Group 3: Related Party Transactions - The private placement and debt settlement involve related parties, including directors of NZEC and companies controlled by them [3] - Charlestown's ownership increased from approximately 8.63% to 11.87% of the total issued shares post-transaction [4] - Frank Jacobs, a director, saw his ownership decrease to approximately 8.41% after the transaction [5]