Pacific Securities: Energy storage costs are flat, prices and profits are expected to reach a turning point

Pacific Securities released a research report stating that with the start of the interest rate cut cycle, accelerated overseas capacity investment, and geopolitical easing, the photovoltaic industry will usher in a new upward cycle. The global deployment of photovoltaic energy storage parity is accelerating, with Europe and the United States already achieving photovoltaic energy storage parity, while China, India, the Middle East, and other emerging markets are accelerating the deployment of photovoltaic energy storage parity. The deep clearance of photovoltaic production capacity is expected to reshape supply and demand, with prices and profits expected to recover. Continuous advancement of new technologies highlights cost advantages. Links such as silicon materials, battery cells, and film are expected to accelerate. The strong demand for photovoltaic energy storage will benefit inverter and bracket companies. Leading companies in the main industry chain such as Jinko Solar and LONGi are experiencing sustained growth. New technologies and new markets bring new growth