Sunshine Power has emerged as a leading player in the energy storage sector, achieving the highest global shipment volume. As of April 2, 2025, the company’s stock price closed at 72.47 yuan, with a daily fluctuation of 1.59% and a trading volume exceeding 1.843 billion yuan. Currently, the company boasts a price-to-earnings ratio of 14.83, with a total market capitalization surpassing 150 billion yuan.
During the trading session, the stock price peaked at 72.95 yuan, and the turnover rate for the day was 1.60%. Industry data indicates that the global installed capacity for new energy storage is projected to reach 188.5 GWh in 2024, with China contributing 56.83% of this total. Specifically, in the commercial and industrial storage sector, China’s new installations account for 64.32% of the global market.
As a leading domestic provider of energy storage system solutions, Sunshine Power is ranked first globally in shipment volumes for 2024. On the policy front, recent public consultations on the issuance rules for renewable energy green certificates have included wind and solar power generation projects, which may further promote the marketization of new energy electricity.
Risk Warning: Fluctuations in the supply chain prices and a potential slowdown in demand growth could impact the company’s performance.
