CSG Energy(SZ:003035)2023-06-05 10:48Group 1: Distributed Photovoltaic Business - The installed capacity of distributed photovoltaic systems significantly increased in 2022 due to national policies supporting the "dual carbon" goals and rising market recognition [2] - Approximately 15% of the distributed photovoltaic projects approved in 2022 are currently operational, while about 60% are under construction [3] - The company offers various pricing models for contracts based on customer needs, with most projects adopting fixed pricing [3] Group 2: Building Energy Efficiency - The cumulative service area for building energy efficiency increased from 393.31 million square meters in 2018 to 815.84 million square meters in 2022, with an average growth rate of about 20% [3] - The company plans to continue expanding its building energy efficiency projects, particularly in hospitals, schools, and transportation sectors [4] Group 3: Biomass Projects - The company operates four biomass utilization projects with a total capacity of 115 MW, facing challenges due to rising fuel prices and delayed renewable energy subsidies [4] - A special task force has been established to improve the operational status of biomass projects while seeking potential investors for project equity transfer [4] Group 4: Agricultural and Solar Complementary Projects - The company has approximately 343.64 MW of operational agricultural and solar complementary projects, with four additional projects under construction totaling about 328 MW [4] - Future plans include expanding projects in regions with abundant natural resources and enhancing collaborations with large groups in various industries [4] Group 5: Energy Storage Business - The company is focusing on integrated energy storage projects, with ongoing projects including the Nansha Guangchuan International energy storage project [5] - Future efforts will prioritize the southern provinces, leveraging client resources to promote new energy storage services for commercial enterprises [5] Group 6: Business Transformation and Upgrading - The company is actively pursuing business transformation by investing in energy management, user-side energy storage, and integrated energy stations [5] - Initiatives include exploring load aggregation and developing distributed wind power projects in collaboration with local governments [5]