Elon Musk personally steps in! Space photovoltaic organization layout path revealed

Wednesday’s photovoltaic equipment sector closed sharply higher, with many stocks hitting the daily limit-up, including Zhonglai Co., Jinko Solar, Runze New Energy, and others, which all saw a 20CM limit-up.

Elon Musk Visits China to Investigate Photovoltaic Companies

On the news front, according to Jiemian News, sources familiar with the industry revealed that last week Musk’s team conducted investigations into Chinese photovoltaic companies including TCL Zhonghuan, Jinko Solar, Jing Sheng Electric, and others. The companies involved did not directly respond to the authenticity of these reports.

Earlier, Jinko Solar’s wiring staff publicly stated that the company had indeed had contact with Musk’s team and related inspection groups recently. Additionally, Musk’s team had previously conducted investigations into some photovoltaic equipment suppliers.

SpaceX previously launched a million-strong satellite constellation for computing power. SpaceX pointed out that with reusable rocket technology, the cost of deploying space AI computing power is lower than on the ground. Solar-powered space computing centers are the most cost-effective, energy-efficient, and environmentally friendly way to meet the growing demand for AI computing power. Therefore, SpaceX plans to deploy a constellation of up to 1 million satellites, which will be distributed in orbits at 500-2000 km altitude, with a solar-synchronous orbit inclination of about 30 degrees, powered by solar energy, and connected to the existing Starlink network via optical links (laser), routing computing results to ground users.

Guojin Securities believes that SpaceX’s submission of a plan for a satellite data center constellation with millions of satellites marks the first step toward becoming a Type II civilization. The space photovoltaic market continues to gain momentum.

Leverage Funds: Net Purchases of These Stocks

Data from Eastmoney Choice shows that since the photovoltaic equipment sector (Shenwan Level 2) bottomed out in a phased manner on December 17 last year, the sector index has risen over 20%, during which leveraged funds have aggressively bought several photovoltaic stocks.

Specifically, Longi Green Energy ranked first, with a net financing purchase of over 700 million yuan; Mawei Co. ranked second, with nearly 700 million yuan in net financing purchases.

JieJia Weichuang, Dongfang Risheng, Laplace, Sungrow Power Supply, Junda Co., Atres, Juhe Materials, Jinko Solar, Shuangliang Eco-Energy, Gudewei, and other stocks had net financing amounts ranging from 200 million to 500 million yuan.

Institutions: Space Photovoltaics and Equipment Are Expected to Benefit First

Guotai Haitong Securities’ research report states that as SpaceX advances satellite launches and related on-orbit applications, the exploration of orbital AI data centers is gradually emerging. As an important energy supply method for space scenarios, photovoltaics are expected to find more applications in the construction of orbital data centers, and related photovoltaic equipment manufacturers will continue to benefit. From the perspective of different segments: (1) Solar cell end: recommended stocks include Mawei Co., JieJia Weichuang, Laplace, and Dier Laser; (2) Module segment: recommended stock is Aotewei, with related company ST Jingji; (3) Silicon wafer segment: related companies include Gaoce Co., Jing Sheng Electric, Liancheng CNC, and Shuangliang Eco-Energy.

Guohai Securities’ research report indicates that the demand for space photovoltaics is continuously strengthening, and large-scale orders for equipment are expected to be realized. With the increase in satellite launches and the upgrade from communication satellites to more power-consuming computing satellites, the demand for space energy is expected to continue to grow rapidly.

Guohai Securities recommends paying attention to: photovoltaic equipment suppliers Mawei Co., JieJia Weichuang, Aotewei, Gaoce Co., Dier Laser; high-efficiency heat exchangers supplier Shuangliang Eco-Energy; photovoltaic cell suppliers Junda Co., Dongfang Risheng, Mingyang Smart, Shanghai Harbor; and the upcoming listed aerospace energy company, Electric Sky Blue.

Tianfeng Securities’ research report states that in the long term, perovskite tandem batteries are expected to become the next-generation mainstream technology, characterized by high efficiency, lightweight, flexible, and radiation-resistant features. Compared to GaAs, perovskite is over 90% lighter, and the same amount of power generation can reach 10-30W/g, while GaAs is only about 3.8W/g. Therefore, perovskite tandem batteries can reduce satellite weight by over 200kg, lowering launch costs by millions of dollars per satellite.

Tianfeng Securities’ research also highlights optimism for space applications based on P-type HJT and perovskite technologies. Relevant stocks include Dongfang Risheng, Junda Co., Aotewei, Shanghai Harbor, and others.

(Source: Eastmoney Research Center)