Anhui Conch Cement Company Limited(600585) 5 billion yuan investment in new energy photovoltaic industry, with a good prosperity
[Securities Times] Anhui Conch Cement Company Limited(600585) ( Anhui Conch Cement Company Limited(600585) ) the latest announcement is that 5 billion yuan will be invested in the development of photovoltaic power stations, energy storage projects and other new energy businesses this year to realize the full coverage of photovoltaic power generation in subordinate factories. It is estimated that by the end of the year, the installed capacity of photovoltaic power generation will reach 1GW and the annual power generation capacity will be 1 billion kwh.
Comments: the recent rise in international crude oil prices has deepened the concerns of Western European countries about energy security. The German Ministry of economy has proposed a new draft legislation, which will achieve 100% renewable energy supply and give up fossil fuels by 2035. This goal is five years ahead of 2040 mentioned last year, which is expected to drive the export of China’s photovoltaic products and boost the prosperity of China’s photovoltaic industry.
Ja Solar Technology Co.Ltd(002459) ( Ja Solar Technology Co.Ltd(002459) ): the company increases the vertical integration capacity of Vietnam and improves the direct supply capacity to the overseas photovoltaic market.
Hangzhou First Applied Material Co.Ltd(603806) ( Hangzhou First Applied Material Co.Ltd(603806) ): the company is the global leader in photovoltaic adhesive film.
Trina Solar Co.Ltd(688599) ( Trina Solar Co.Ltd(688599) ): the company has technical and product advantages in 210 large-size battery modules. The latest announcement plans to invest in Linze Tianhai 200MW / 400mwh shared energy storage power station project.
