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.
Camdank Solar (00712) announced annual results. Profit attributable to shareholders of 444.56 million yuan turned a year-on-year loss into a profit
According to the Zhitong Finance App, Camdank Solar (00712) announced results for the year ended December 31, 2023. The group obtained revenue of RMB 145 million (same unit), an increase of 289.46% over the previous year; profit attributable to the company's owners was 444.56 million yuan, a loss of 558.05 million yuan in the same period last year; profit per share was 5.25 points. According to the announcement, the increase in revenue was due to breakthroughs in the logistics service business during the year and a sharp increase in revenue from external customers in this category.
COMTEC SOLAR: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 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.
Camdank Solar (00712.HK) plans to hold a board meeting on March 28 to approve annual results
Glonghui, March 18 | Camdank Solar (00712.HK) announced that the company is pleased to hold a board meeting on March 28, 2024 to consider and approve the annual results of the company and its subsidiaries for the year ended 31 December 2023 and to consider proposals for final dividends or other allocations (if any), and to deal with other matters.
COMTEC SOLAR: ANNOUNCEMENT NOTICE OF BOARD MEETING
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.
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.
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.
January's operating rate exceeded expectations! The photovoltaic sector is strong, institutions: future growth will be sustainable for a long time
European and American demand meets catalysis
PV solar stocks picked up, Xinyi Solar (00968) rose 2.65%, and the operating rate of PV modules in January exceeded expectations
Jinwu Financial News | Photovoltaic solar energy stocks are picking up. As of press release, Kamdank Solar (00712) rose 7.69%, Shuifa Industrial Energy (00750) rose more than 3%, Xinyi Solar (00968) rose 2.65%, Xinyi Glass (00868) rose 2.39%, and Follett Glass (06865) rose more than 1%. According to the news, the Zhongtai Securities Research Report pointed out that the main contradiction in the development of the photovoltaic industry has changed from the demand side to the supply side. On the demand side, the installed capacity growth rate increased significantly in 2023 due to continued price cuts in the industrial chain to catalyze the release of demand, but the market growth rate is expected in 2024
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.
Debon Securities: The current valuation of the photovoltaic sector is a key recommended midstream and downstream industrial chain and key auxiliary materials link in the bottom range of the past ten years
The Zhitong Finance App learned that Debon Securities released a research report saying that based on data such as China's new PV installed capacity from January to November and SolarPower Europe forecasts, it is estimated that the world's new PV installations are expected to reach 400 GW in 23 and exceed 480 GW in 24. The new PV installed capacity in China is expected to reach 170 GW in 23 years and 230 GW overseas.
Camdank Solar (00712) resumed trading and is expected to complete a subscription agreement with this month
Jinwu Financial News | Camdank Solar (00712) rose strongly after resuming trading. As of press release, it was HK$0.202, up 36.67%, with a turnover of HK$3.3796 million. Camdank Solar announced that the deadline for the agreement to issue a total of 158 million new shares to independent third parties has been extended to January 26 instead of March 29. The reason is that the company has received the bulk of the subscription payment from the subscribing party. At the end of June last year, the company announced the issuance of a total of 158 million new shares to three independent third parties, Zhongsheng Investment Group, Wu Jun and Zhao Xiaoqun, at a price of 0.105 yuan each, of which approximately 7.42 million
Haitong Securities: Significant price declines in the photovoltaic industry chain have clearly stimulated terminal demand
N-type products are rapidly penetrating, and prices are expected to diverge
Comdank Solar (00712) will resume trading at 9:00 a.m. on January 4
Camdank Solar (00712) announced that it will resume trading at 9:00 a.m. on January 4, 2024...
Camdank Solar (00712.HK) resumed trading this morning
Gelonghui January 4 | Camdank Solar (00712.HK) announced that the company's shares will resume trading at 9:00 a.m. today (4/1/2024).
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