On the afternoon of April 13, the photovoltaic equipment sector saw a short-term surge. Tongwei Co., Ltd. hit the daily limit, while Daqo Energy, Liansheng Technology, CITIC Bo, and Hongyuan Green Energy also rose.
On April 9, the photovoltaic equipment index (882606.WI) fell by 2.14%, with a significant drop in constituent stocks. According to The Paper, the reason for this market movement was the negative &#34;small essay&#34; regarding photovoltaic equipment exports that circulated on the evening of April 8, stating that photovoltaic equipment manufacturers would attend a seminar organized by relevant departments this week, raising market concerns about an export ban on equipment. Several brokerages indicated that &#34;after communication within the industry chain, this seminar has concluded, with only a few equipment manufacturers participating, and it was merely a discussion without clear conclusions. However, it will only temporarily affect market sentiment, and there is no need to be overly pessimistic,&#34; adding, &#34;Based on our research, the recent window investigation is part of the routine process for equipment going overseas. The industry logic remains unchanged, and we continue to be optimistic about the historic overseas opportunities for photovoltaic equipment manufacturers.&#34;
Additionally, according to financial news, over the weekend, an insider in the photovoltaic equipment industry told financial news that the Jiangsu Provincial Development and Reform Commission recently organized a seminar on photovoltaic equipment exports, but no clear notice was issued, stating, &#34;The company's business is still operating normally; the government wouldn't really impose limits just like that.&#34; This individual explained that the seminar was more about assessing strategic industries like photovoltaics and emphasized that the industry should serve national strategies, but the government would not easily sacrifice industrial interests. The government is concerned about the risks to domestic industries following the escalation of geopolitical risks and which key areas China has absolute technological advantages.
Furthermore, earlier, some insiders mentioned to The Paper that the industry regulatory authorities might consider issuing classified guidance documents for the export of advanced photovoltaic core equipment. In recent months, the &#34;space photovoltaic&#34; concept has gained immense popularity, &#34;saving&#34; the photovoltaic sector, leading to repeated discussions and rumors about export restrictions on equipment. Tesla and SpaceX, both under Elon Musk, are advancing their respective goals of building 100GW of photovoltaic capacity, with the corresponding supply chains referred to in the industry as the T chain (ground scenarios) and S chain (space scenarios). To this end, Musk's team has visited several Chinese photovoltaic companies. Such a massive potential order has significantly boosted the confidence of Chinese equipment manufacturers, who are struggling with overcapacity and weak short-term demand. Many believe that the core technology carried by photovoltaic equipment is key to China's global competitiveness in photovoltaics, and an export principle based on &#34;technological generational differences&#34; must be established.
WanLian Securities stated that in the long term, global renewable energy installations are growing rapidly, grid instability is increasing, and the demand for energy storage is expected to continue to rise. By region: (1) Rising energy prices in Europe are driving a recovery in household storage demand, while the scale of large-scale storage installations is accelerating, contributing new momentum for growth, and the overall market is expected to maintain high growth; (2) The demand for large-scale storage installations in the United States is significant, with AIDC construction driving an increase in electricity consumption, increasing regional grid instability and driving growth in energy storage demand, with the grid connection of storage projects expected to accelerate; (3) Emerging markets are growing rapidly, with ample household storage potential in Asia, Africa, South America, and Oceania, expected to continuously provide new momentum for growth in energy storage demand; (4) Investment in renewable energy in the Middle East is increasing, with accelerated construction of storage projects, and large-scale storage installations in Saudi Arabia and the UAE are expected to maintain stable growth. It is recommended to pay attention to leading stocks with a well-established overseas layout and a leading market position
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The photovoltaic equipment sector experienced a short-term surge on April 13, with Tongwei Co., Ltd. hitting the daily limit, and other companies like Daqo Energy also rising. Previously, concerns in the market were triggered by negative news regarding photovoltaic equipment exports, but industry insiders clarified that the recent symposium did not issue any explicit bans, and the industry logic remains positive. Brokerage analysts believe that this discussion will only affect market sentiment, and exports of photovoltaic equipment will continue as normal. The photovoltaic capacity targets set by Tesla and SpaceX, both under Elon Musk, have also instilled confidence in Chinese equipment manufacturers

腾讯新闻 - 财经

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Industry insiders clarify the regulation of photovoltaic equipment exports, leading to a surge in the photovoltaic equipment sector