Whether the production capacity is excessive or not depends on how the five leading photovoltaic companies speak; the orders in hand reach 11.5 billion! Ottway, a new energy equipment manufacturer, in

< Today's Highlights & > On the afternoon of October

24, a symposium on the exchange of leading listed companies in the photovoltaic industry was held on the Shanghai Stock Exchange. Five leading enterprises in the photovoltaic industry in Shanghai and Shenzhen Stock Exchanges, including Trina Solar, JinkoSolar, Atlas, Aixu and Sunshine Power, participated. At the meeting, the above-mentioned companies and market institutions talked about the development trend of the industry, exchanged hot issues such as market space, competition pattern, capacity expansion, technology route, ESG and participation in the construction of "the Belt and Road" in the photovoltaic industry, and jointly promoted the high-quality development of the photovoltaic industry and boosted investor confidence.

2. Orders in hand reached 11.5 billion! New energy equipment manufacturer Otway's profit in the first three quarters increased

recently, Otway released the third quarterly report of 2023, the company achieved revenue of 4.239 billion in the first three quarters, an increase of 76.74% over the same period last year; net profit of 851 million, an increase of 79.52% over the same period last year. Among them, the third quarter achieved revenue of 1.722 billion yuan, an increase of 94.38% over the previous year, and net profit of 329 million yuan, an increase of 87.64% over the previous year.

< Project Progress >

1. Construction of 37 national energy projects has been centralized!

On October 24, the State Energy Group held the fourth batch of key projects centralized start-up conference, announcing the centralized start-up of 37 key power projects. The 37 projects, with a total investment of 126 billion yuan, include large-scale wind power and photovoltaic bases, offshore photovoltaic and advanced gas turbines, clean and efficient coal-fired power projects. Among them, there are 27 new energy projects with an installed capacity of 13.07 million kilowatts, and clean energy investment accounts for more than 60%. The project is distributed in 15 provinces and regions, involving 16 subsidiaries of the group company, and the high-quality implementation of the project will provide a strong energy guarantee for the Chinese-style modernization construction.

2. Kuaike New Energy: Commencement

of PV Module Intelligent Protection and Connection System Project On the morning of October 24, a commencement ceremony was held for the PV Module Intelligent Protection and Connection System Project of Nantong Kuaike New Energy Technology Co., Ltd., located in the High-tech Zone of Nantong City, Jiangsu Province. The project of photovoltaic module intelligent protection and connection system of Kuaike New Energy Company is invested and constructed by Suzhou Kuaike Photovoltaic Electronics Co., Ltd. with a planned investment of 240 million yuan, a planned land area of 48 mu, an annual output of 40 million sets of photovoltaic intelligent connection system, and an annual sales of 1 billion yuan after production.

3. Five 60 GWh energy storage and power battery projects with a total investment of 10 billion yuan were formally signed

. On the morning of October 22, the signing ceremony of China Pingmei Shenma Group's annual output of 60 GWh energy storage and power battery projects was held in Zhengzhou, Henan Province, Zhongyuan Yuzi Investment Holding Group (hereinafter referred to as Yuzi Holding). The total investment is 10 billion yuan, divided into two phases, and the annual output value will reach 40 billion yuan after full production.

4. On October 24, the second phase of the photovoltaic project

of China's largest "Shagehuang" wind and solar new energy base started in the Tengger Desert of Ningxia. Located on the southeastern edge of the Tengger Desert, the project has a construction scale of 2 million kilowatts and covers an area of about 60000 mu. It is estimated that 3.96 billion degrees of clean electricity will be provided annually and 1.207 million tons of standard coal will be saved.