00438 IRICO NEWENERGY
- 3.290
- +0.210+6.82%
IRICO NEWENERGY News
Huatai Securities: PV equipment production capacity is already showing signs, focus on targets with strong business structure resilience and technology iteration benefits
As the penetration rate of new PV installations increases, it is expected that the growth rate of new installed capacity will gradually decline. Considering the “second-order” characteristics of equipment, downstream production expansion will slow down or even decline, but it is also expected to promote marginal improvements in the PV supply and demand pattern in all aspects of the PV industry chain and promote the clearance of production capacity in the main PV industry chain.
More and Faster: Electricity From Clean Sources Reaches 30% of Global Total
For the first time, 30% of electricity produced worldwide was from clean energy sources as the number of solar and wind farms continued to grow fast.
The Hong Kong stock photovoltaic sector strengthens collectively, and institutions expect the industrial chain to stop falling in May and begin to make up profits
① The photovoltaic sector of Hong Kong stocks strengthened collectively in the afternoon. Which individual stocks were active? ② Institutions expect the industry chain to stop falling and start recovering profits in May. Will this strengthen the rebound?
Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell nearly 2%; PV stocks reversed the market, and GCL Technology rose more than 6%
Technology Network stocks declined; Bilibili fell more than 6%, NetEase fell more than 4%, Kuaishou and Meituan fell nearly 4%; as concept stocks declined, Huazhu Group fell more than 3%, and Jiumaojiu fell nearly 3%.
The photovoltaic sector of Hong Kong stocks strengthened. GCL Technology rose more than 7%, Follett Glass rose more than 5%, and Rainbow Renewable Energy rose more than 4%.
The photovoltaic sector of Hong Kong stocks strengthened. GCL Technology rose more than 7%, Follett Glass rose more than 5%, and Rainbow Renewable Energy rose more than 4%.
Express News | According to data from the National Energy Administration, photovoltaic power generation added 45.74 million kilowatts of grid-connected capacity in the first quarter of 2024, with a cumulative grid-connected photovoltaic power generation capacity of 659.
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.
彩虹新能源：2023年度報告
Express News | Zhongtai Securities: Improved supply and demand for photovoltaic glass is expected to drive a sharp rise in product volume and price
Leading PV module “kick hall” energy storage exhibition: 300+Ah large batteries at the core of the package are standard | Industry News
As a key part of the new power system, the energy storage market has entered a period of rapid development. The Zhongguancun Energy Storage Industry Technology Alliance predicts in the recently released “White Paper on Energy Storage Industry Research 2024” that by 2030, the cumulative installed capacity of China's new energy storage market will exceed 200 GW, with a compound growth rate of over 30% from 2024 to 2030.
China Defies Decarbonization Trend As Coal Imports Climb 16.9% In Q1 2024
Despite global efforts towards decarbonization, coal imports in China are on the rise, signaling persistent demand for the commodity.
Express News | Downstream demand is improving, production capacity is expanding in an orderly manner, and the price of photovoltaic glass is expected to continue to rise in April
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.
Rainbow New Energy (00438.HK): Achieved a year-on-year increase of 27.33% in revenue of 3.145 billion yuan in 2023
Gelonghui, March 26 | Rainbow New Energy (00438.HK) announced its 2023 annual results announcement. During the reporting period, benefiting from the rapid release of new photovoltaic glass production capacity and the steady increase in production and sales of thin, large-size, double-coated photovoltaic glass, the Group's revenue maintained steady growth, achieving operating income of RMB 3.145 billion, an increase of RMB 675 million over the previous year, an increase of 27.33%; affected by factors such as falling prices of photovoltaic glass products and rising natural gas prices, the Group's total profit was RMB 225.59 million.
Rainbow New Energy (00438) announced its annual results, with a net loss of 231 million yuan, a year-on-year profit to loss
Rainbow New Energy (00438) announced its annual results for the year ended December 31, 2023, and the group obtained total sales...
IRICO NEWENERGY: 2023 ANNUAL RESULTS ANNOUNCEMENT
Rainbow New Energy (00438.HK): Gao Fengan was appointed as Deputy General Manager
On March 19, Gelonghui | Rainbow New Energy (00438.HK) issued an announcement. Gao Fengan was appointed as the company's deputy general manager, effective March 19, 2024.
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.
State Assets Administration Commission: Promote continuous optimization of the energy structure and advance deployment of research on strategic cutting-edge technologies such as advanced energy storage
① It is necessary to promote continuous optimization of the energy structure, give full play to the advantages of central enterprises, strengthen and improve the main business and improve efficiency; ② concentrate efforts on breaking through a number of key major technical equipment, deploy and research advanced strategic cutting-edge technologies such as advanced energy storage ahead of schedule; ③ accelerate the construction of new energy infrastructure, promote intelligent transformation of power grid infrastructure and smart microgrid construction, and focus on improving the power grid's ability to accept, allocate and control clean energy.
Upstream falls and downstream rises? Prices in the PV industry chain are now improving, and demand for differentiated modules is still under pressure
Financial Services Association, March 15 (Reporter Liu Mengran) Prices in the photovoltaic industry chain have recently shown a trend of differentiation: silicon wafer prices have continued to weaken this week, but downstream component manufacturers are struggling to raise prices and are trying to raise them.
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