China Drives Down Cost of Solar Power Development
China's large-scale development of solar power, coupled with continuous innovation and a complete industrial chain, is driving down production costs and making new energy products more affordable worldwide, experts said.
GCL New Energy Narrows Loss in 2023
GCL New Energy Holdings (HKG:0451) reported a loss attributable to owners of 1.17 billion yuan for the year ended Dec. 31, 2023, compared with a loss of 1.49 billion yuan in the previous year, accordi
GCL New Energy (00451) plans to discount approximately 13.33% of up to 233 million shares to raise approximately HK$59.7 million
GCL New Energy (00451) issued an announcement. On April 22, 2024 (non-trading period), the company and exclusive...
協鑫新能源:年報 2023
New Energy Revitalizes China's Coal-mining Subsidence Areas
he former coal mining hub in North China's Shanxi province, which was once abandoned and shrouded in silence, is now buzzing with machines and workers bracing the cold winds.
Witness GCL New Energy (00451)'s transformation moment
On March 25, GCL New Energy announced its 2023 annual results.
GCL New Energy (00451) achieved revenue of 832 million yuan in 2023, and the debt ratio dropped significantly to 23.2%
GCL New Energy (00451) announced its 2023 results, with revenue of about 832 million yuan and gross profit of about 380 million yuan,...
GCL NEWENERGY: PRELIMINARY ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Changes in Hong Kong stocks | PV stocks reversed the market, fully guarantee renewable energy electricity, and new acquisition regulations were implemented in April, and green power operators are expected to benefit
PV stocks reversed the market. As of press release, GCL Technology (03800) rose 7.97% to HK$1.49; Follett Glass (06865) rose 6.59% to HK$20.7; Rainbow New Energy (00438) rose 6.21% to HK$3.08; and GCL New Energy (00451) rose 4.17% to HK$0.375.
CITIC Construction Investment: PV glass supply and demand are in dynamic balance in 2024, prices are expected to rise during the Q2 peak season
CITIC Construction Investment released a research report saying that due to its characteristics of heavy assets, long construction cycle, continuous production, and large inventory area, production capacity is usually released in a “stepwise” manner. When module production schedules rise rapidly, it is more likely to cause phased supply and demand mismatches compared to other auxiliary materials.
GCL New Energy (00451.HK) plans to hold a board meeting on March 25 to approve annual results
Gelonghui, March 13, 丨 GCL New Energy (00451.HK) announced that the company will hold a board meeting on March 25, 2024 (Monday) to consider and approve the annual results announcement and publication of the company and its subsidiaries for the year ended 31 December 2023, and to consider declaring, recommending or paying a year-end dividend (if any).
GCL NEWENERGY: DATE OF BOARD MEETING
CITIC Construction Investment: Raise supply and demand in some aspects of domestic PV installation demand in 2024 or reverse ahead of schedule
Domestic PV consumption bottlenecks may be opened, which will bring more room for new domestic PV installations.
Galaxy Securities: Why does the photovoltaic sector continue to rise?
The Zhitong Finance App learned that Galaxy Securities released a research report saying that due to factors such as rising demand and boosting confidence at the end of Q1, the PV sector experienced a good rebound. At the same time, it suggests that policy expectations continue to improve, and that the subsequent development of the photovoltaic industry in the short, medium and long term should be viewed positively.
GCL New Energy (00451): Rudong GCL Smart Energy signed an intermediary contract with Nanjing GCL New Energy Development
Zhitong Finance App News, GCL New Energy (00451) announced that on March 4, 2024, Rudong GCL Smart Energy (an indirect wholly-owned subsidiary of GCL Energy Technology) (as a client) signed an intermediary contract with Nanjing GCL New Energy Development (an indirect wholly-owned subsidiary of the company) (as an intermediary). Nanjing GCL New Energy Development agreed to provide a number of intermediary services to Rudong GCL Smart Energy for the period from March 4, 2024 to December 31, 2024. Nanjing GCL New Energy Development agreed to provide a number of intermediary services to Rudong GCL Smart Energy. In particular, (1) Find a match
Minmetals Securities: The PV industry is restless in spring, and industry chain prices are rebounding
Prices in the industrial chain have basically bottomed out, and prices are expected to rebound slightly.
Trade Volume, Prices Trending Upward in China's Carbon Trading Market
The country's carbon trading market, which was launched in July 2021, has registered increases in both trade volume and price, according to Zhao Yingmin, vice-minister of ecology and environment.
National Energy Administration: New energy storage is developing rapidly. By the end of 2023, more than 30 million kilowatts of installed capacity had been put into operation nationwide
By the end of 2023, the country had completed and put into operation a total installed capacity of 31.39 million kilowatts/66.87 million kilowatt-hours, with an average energy storage time of 2.1 hours.
Photovoltaic solar energy stocks generally fell, Xinyi Glass (00868) fell 3.83%, institutions say the sector is in a downward cycle, and competition is expected to become more intense
Jinwu Financial News | Photovoltaic solar energy stocks generally declined, with Xinyi Glass (00868) falling 3.83%, leading the decline in the sector. HSBC Global Research lowered its target price by 28% from HK$15.3 to HK$11, but maintained its buy rating. Additionally, Xinte Energy (01799) fell 3.16%, GCL New Energy (00451) fell 2.53%, Xinyi Energy (03868) fell 3.28%, and Xinyi Solar (00968) fell 2.27%. Guolian Securities said that the PV sector's valuation is in a downward cycle. The reason for this round of adjustments is mainly due to internal industry conflicts, not external policies, that is, “high base
Goldman Sachs: The global economy is entering a new supercycle AI and decarbonization are key drivers
Peter Oppenheimer, head of European macro research at Goldman Sachs, said that the global economy is entering a new supercycle, and artificial intelligence and decarbonization are two key factors that may have a positive impact in this new cycle.
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