NEWS

National Energy Board data released on October 30, 2023, the first three quarters of the country's new PV installed 128.94 million kilowatts, a year-on-year increase of 145%. Photovoltaic industry high boom continued, energy storage business has become a bright spot, the industry leading companies in the first three quarters of the performance is beautiful. Industry insiders said that as the industry competition becomes more intense, the photovoltaic industry will enter a new stage of integration and enhancement.
High prosperity continues
Data released by the National Energy Board shows that as of the end of September 2023, the national installed capacity of photovoltaic power generation reached 520 million kilowatts, of which centralized photovoltaic 295 million kilowatts, distributed photovoltaic 225 million kilowatts. 2023 the first three quarters of the country's photovoltaic power generation of 436.9 billion kilowatts of electricity, a year-on-year increase of 33%. The national PV power generation utilization rate of 98.3%, year-on-year increase of 0.3 percentage points.
From the investment side, the first eight months of this year, the national solar power generation completed investment of more than 350 billion yuan, of which Hubei, Guangdong, Yunnan, Xinjiang, four provinces (regions) completed investment year-on-year growth rate of more than 200%.
Photovoltaic industry high boom continued, the relevant listed companies three quarterly results beautiful. GCL integration said, the first three quarters of the company fully grasp the market opportunity, continuous bidding shortlisted component procurement projects, component shipments increased significantly, realizing operating income of 9.412 billion yuan, an increase of 97.43%; mother net profit of 142 million yuan, an increase of 240.78%.
JinkoSolar achieved operating income of RMB 85.097 billion in the first three quarters, an increase of 61.25% year-on-year; net profit of RMB 6.354 billion, an increase of 279.14% year-on-year. The company's module shipments from January to September exceeded 52GW, of which N-type modules accounted for about 57%. Currently, the company's orders on hand over cover the 2023 module shipment target.
Silicon material prices fell sharply, Tongwei shares, the whole energy and other silicon material as the main business of the enterprise performance in the first three quarters of decline. Tongwei shares in the first three quarters of the mother of net profit of 16.302 billion yuan, down 24.98% year-on-year. Among them, the third quarter net profit was 3.031 billion yuan, down 68.11% year-on-year. Daquan Energy's net profit for the first three quarters was 5.115 billion yuan, down 66.09% year-on-year. Among them, the third quarter net profit of 689 million yuan, down 87.61% year-on-year.
From the silicon link, TCL Central said that the first three quarters of the photovoltaic industry capacity expansion and terminal demand mismatch, the industrial chain game intensified, the company realized operating income of 48.654 billion yuan, a year-on-year decrease of 2.39%; the net profit of 6.188 billion yuan, an increase of 23.75% year-on-year. LONGi green energy said, by the investment income and exchange gains decrease, inventory loss increase and other factors, the company realized 2.515 billion yuan in the third quarter of net profit attributable to mother, a year-on-year decline of 44.05%; the first three quarters of the net profit attributable to mother of 11.694 billion yuan, a year-on-year increase of 6.54%.