Suzhou Maxwell Technologies Co Ltd Class A

Investment and financing in the perovskite photovoltaic sector has exceeded 5 billion yuan this year, with space photovoltaics emerging as a new scenario attracting capital. According to incomplete statistics by 21st Century Business Herald reporters, 10 unlisted perovskite companies announced new financing this year, totaling more than 1 billion yuan; 4 A-share companies announced investments in perovskite tandem cell projects, with a cumulative amount exceeding 4 billion yuan. GCL Photoelectric announced on August 3 the completion of a D1 round of financing exceeding 100 million yuan, led by Jinxin Capital, with Sequoia China, Suzhou Asset Management, and Xiang'an Venture Capital participating. Dazheng Micro-Nano completed a B round of financing in July, with Fujian Investment Group as the investor. LONGi Green Energy plans to invest about 203 million yuan to build a 100MW high-efficiency crystalline silicon/perovskite tandem cell pilot production line. JA Solar plans to invest 210 million yuan to transform one 72-cell module production line into a perovskite tandem module production line. Maxwell Technologies plans to invest about 3.5 billion yuan to build a perovskite tandem cell complete equipment project. Sansi New Materials will spend 240 million yuan to build a perovskite tandem cell technology research and development experimental base. Industry insiders believe that perovskite cells' potential for thinning, large-area production, and significant cost reduction is highly suited to space photovoltaics and commercial aerospace scenarios, and is expected to become the core technology route for space photovoltaics in the long term.

The China Photovoltaic Industry Association cost accounting model officially took effect on July 27. The State Administration for Market Regulation held its first compliance guidance meeting on July 31, marking the arrival of the first quantifiable tool against industry involution and clarifying the path for raising bidding floor prices. Guojin Securities noted that these guidelines represent a key step for solar industry governance to move from self-regulatory initiatives toward standardization and institutionalization, which is expected to shift companies from price wars to quality competition and promote high-quality development in the solar sector. In addition, the policy window for distributed consumption solutions such as station-area energy storage and green power direct connection has arrived. On August 3, the mainstream price of 2.0 mm coated glass in the East China market rose 1.17% from the previous trading day. As of 9:30 a.m. on August 3, the CSI Photovoltaic Industry Index gained 0.52%, and the Penghua Solar ETF rose 0.56% to 0.54 yuan, with intraday turnover reaching 1.0588 million yuan.