In the first two months of 2025, solar energy installations increased by 7.49% compared to the same period last year. The ETF for solar energy (516180) and the new energy materials ETF (516890) both opened high, reflecting a strong performance in the market.
As of March 21, 2025, at 10:06, the solar energy ETF (516180) was up by 0.32%, with the latest price reported at 0.62 yuan. Meanwhile, the new energy materials ETF (516890) rose by 0.56%, with a recent price of 0.54 yuan. Trading volumes for both ETFs have been robust, indicating significant investor interest.
On March 20, 2025, the solar energy ETF recorded a weekly increase of 1.31% over the last week. The new energy materials ETF also saw a weekly gain of 0.38%. Reports from the National Energy Administration have highlighted plans for expanding solar energy capacity, with projections estimating an installed capacity of 34.0 billion watts by the end of February, representing a 14.5% increase year-on-year. Solar power capacity alone is expected to reach 9.3 billion watts, up 42.9%, while wind power capacity is projected to hit 5.3 billion watts, a 17.6% increase.
During the first two months of 2025, the total electricity generated by solar plants was approximately 505 gigawatt-hours, a decrease of 61 gigawatt-hours compared to the same period last year. Key players in the solar energy sector reported revenues of 753 billion yuan, a slight increase of 0.2%. In addition, the electricity grid operation contributed significantly with revenues of 436 billion yuan, marking a 33.5% increase.
The price of distributed generation systems remains stable, with the price for N-type modules ranging between 0.742 and 0.754 yuan/W, while the N-type 210 module price is between 0.757 and 0.769 yuan/W. Despite this, the demand for distributed generation components continues to grow, with stock shortages occurring across the board.
As of February 28, 2025, the number of companies in the solar energy ETF (931151) has increased, including major players like TCL Zhonghuan (002129) and JinkoSolar (688223), which have seen significant growth in their market shares. The solar energy ETF has maintained its popularity, demonstrating strong investor confidence in this sector.
Overall, the new energy sector is expected to continue its upward trend with ongoing investments and technological advancements aimed at enhancing efficiency and reducing costs. The market remains optimistic as it looks forward to further developments in renewable energy strategies.
