光伏供给侧反内卷及需求侧 RWA 创新 20251204 摘要 全球 RWA 市场规模迅速扩张，从 2022 年底的 50 亿美元增至目前的 355 亿美元，波士顿咨询预测到 2030 年将达到 16 万亿美元，为晶科 科技利用 RWA 进行新能源电站融资和资产重估提供了巨大潜力。 晶科科技通过 RWA 将电站收益权转化为可流通代币，利用区块链技术 实现去中心化融资，降低投资者门槛，提高全球资产流动性和交易效率， 尤其对推广 C 端客户具有重要意义。 晶科科技国内光伏总规模达 1,650GW，持有 6.5GW，通过逆变器、电 表等设备实时采集数据并上链，验证数据真实性，设计智能合约，为 RWA 应用提供优质资产基础。 香港稳定币法案的推动，有助于 RWA 市场成熟，稳定币牌照的发行将 提升 RWA 产品流动性，为普通投资者提供稳定的中间层收益产品，促 进区块链技术在金融领域的应用。 晶科科技国内拥有 610 座电站，总装机容量近 6GW，年发电量 71 亿度， 储备 7GW 风光项目和 10GW 储能项目，海外持有阿布扎比 3.3GW 电 站 20%权益，并在阿根廷、沙特等地积极拓展海外市场。 Q&A 晶科科 ...

Core Insights - The article explains the essence of blockchain technology in simple terms, focusing on its four main characteristics: decentralization, immutability, transparency, and traceability [1] Group 1: Blockchain Fundamentals - The discussion begins with the story of Bitcoin and its creator, Satoshi Nakamoto, to introduce the concept of blockchain [1] - Key features of blockchain include its decentralized nature, which eliminates the need for a central authority, and its immutability, ensuring that once data is recorded, it cannot be altered [1] - Transparency and traceability are highlighted as essential attributes, allowing all transactions to be publicly visible and verifiable [1] Group 2: Applications of Blockchain - The article outlines various applications of blockchain in finance, including Bitcoin, stablecoins (USDT, USDC), and decentralized finance (DeFi) platforms like Uniswap and Aave [1] - Real World Assets (RWA) are mentioned as another area where blockchain is being utilized, alongside supply chain traceability, anti-counterfeiting measures, charitable donations, NFT art, and copyright verification [1] - The content serves as an introductory guide for those looking to understand cryptocurrencies and digital currencies, providing a comprehensive overview of the blockchain landscape [1]