Sineng(300827)2025-02-21 00:56Group 1: Market Overview - The global renewable energy installed capacity is expected to exceed 5,500 GW from 2024 to 2030, with solar photovoltaic (PV) accounting for 80% of this growth [2] - Domestic PV market is projected to add 317 GW by 2030, while global PV installations may reach 587 GW [2] - In 2024, China's cumulative new PV installations are expected to surpass 277 GW, indicating a stable growth trend in both domestic and international PV markets [2] Group 2: Overseas Market Development - The demand for large-scale energy storage is expanding due to the acceleration of global energy transition, particularly in emerging markets like the Middle East and Africa [3] - The company is focusing on strategic regions such as the Middle East, the United States, and Europe, having established localized marketing networks and operational service systems [3] Group 3: Policy Impact - The policy on market-oriented reform of renewable energy grid pricing is expected to promote comprehensive marketization of renewable energy prices, enhancing industry efficiency and facilitating energy consumption [3] - This policy is anticipated to improve the economic viability of energy storage and increase market demand [3]