CITIC Securities: Low PUE of spatial computing and low power generation costs have become a new trend in the development of artificial intelligence

CITIC Securities research report points out that as the performance improvement of computing power chips slows down, the development of artificial intelligence increasingly relies on the scale of data centers. Since electricity consumption accounts for more than half of the operating costs of data centers, the AI competition between China and the United States has shifted to electricity competition. Space data centers have simpler heat dissipation, and the Power Usage Effectiveness (PUE) can be reduced to nearly 1, thereby reducing electricity consumption. By using space solar power stations and high-energy laser transmission of electricity, the energy consumption problem of computing power can be effectively solved, becoming a new trend in the future development of AI

National Energy Administration: From January to October, the installed capacity of photovoltaic power generation increased by 43.8% year-on-year, continuing the warming trend

According to data from the National Energy Administration, as of the end of October, the installed capacity of solar power generation nationwide reached 1.14 billion kilowatts, a year-on-year increase of 43.8%. In October, the newly added photovoltaic installed capacity was 12.6 GW, a month-on-month increase of 30.4%, continuing the warming trend since September and recovering from the nearly three-year low in August. This year, due to policy adjustments and demand being brought forward, the traditional peak construction season in the fourth quarter has been disrupted, and the industry is gradually returning to a normal pace

BOSS Zhipin (Minutes): Customer Renewal Rebounds, Growth Rate Bottoms Out and Recovers

The following are the minutes of the Boss FY25Q3 earnings call organized by Dolphin Research. For an interpretation of the earnings report, please refer to 'BOSS Zhipin: Not Surprising, but Still Strong'.1. Review of Core Financial DataPerformance Overview:Revenue: Total revenue for the third quarter was RMB 2.16 billion, an increase of 13.3% year-on-year.Profit: According to US GAAP, net profit was RMB 780 million, an increase of 67.2% year-on-year, with a net profit margin of 35.8%; adjusted operating profit increased by 49.3% year-on-year...

International Energy Agency: It is expected that by 2035, global nuclear power installed capacity will increase by at least one-third

The International Energy Agency predicts in the "World Energy Outlook 2025" that future electricity demand will grow significantly, especially in developed economies and China. Renewable energy, particularly solar photovoltaics, will grow rapidly, with China continuing to dominate the global market. Nuclear energy is expected to recover, with global nuclear power installed capacity projected to increase by at least one-third by 2035. In the short term, global oil and gas supplies are ample, but geopolitical risks remain

Australia: Retailers must provide at least 3 hours of free solar power