Solar Energy will Become the Main Battlefield for New Energy Sources

At the beginning of the new year, oil prices hit a record high of over 100 yuan, causing fluctuations in global stock markets. New energy sectors such as solar energy, wind energy, hydro energy, and bioenergy have also become popular among investors. Solar energy companies such as CSI Canadian Solar and Wuxi Suntech have invested heavily overseas. Outstanding performance in the stock market.

In the future, China will place the construction of a resource-saving society in a prominent position in its development strategy. To achieve this goal, it is necessary to increase the development and make full use of new energy, and our government is also studying and formulating relevant industrial policies. Qu Xiaohua, CEO of Canadian Solar, a well-known domestic solar company, said that new energy concept stocks have attracted much attention in the international and domestic markets and are in line with the needs of the international market and the development of the energy market. In addition, the competition for new energy has already entered the era of competition. As a new energy in the traditional sense, solar energy will surely be the next main battlefield with more intense competition.

Looking at the global stock market, the stock price of new energy in the New York Nasdaq stock index, one of the stock price indicators, has been changing rapidly. As a representative of new energy, solar energy has a particularly outstanding stock price performance. The stock prices of several domestic solar energy companies listed in the United States have risen around the arrival of the New Year. Among them, the stock price of CSI Canadian Solar (CSIQ) has performed well since November last year, rising from a low of $10 to a high of $31.44, with the latest closing price of $22.99. The share price of Wuxi Suntech (STP), China's first private photovoltaic company listed on the New York Stock Exchange, has also surged from more than 50 US dollars to a maximum of 90 US dollars in early January, and was recently about 67.50 US dollars. Changzhou Trina Solar (TSL) hit a low of $35 in November before rising to $55 at the start of the new year before falling back to $43.36.

Industry analysts pointed out that the domestic investment market is becoming increasingly mature, and theme investment is becoming a new investment hotspot. As oil prices continue to soar, under the macro background that energy substitution is inevitable, major domestic institutions have turned their targets to the new energy sector. Therefore, individual stocks in the sector have seen a trend of heavy volume growth, and the increase has been all the way. Go higher. At present, the domestic investment market has reflected the impact of fluctuations caused by rising oil prices in the short term, while foreign markets have reflected it more quickly and directly. Against the background of high oil prices, stocks in solar energy and other new energy-related sectors will continue to be favored by market players.

Qu Xiaohua said in an interview with reporters that China's solar photovoltaic market has just started. A large part of the current market of photovoltaic companies is overseas. Companies need to participate in international competition, especially for overseas listed companies, company size, product quality, And future development will be directly reflected in the stock price. For domestic solar energy companies, only by better proving the high quality of their products, opening up a wider market with high-quality products, and tapping more potential customers can they continue to maintain rapid development in the fierce competition, and such high-quality Performance will inevitably be reflected in the stock price.

It is understood that in recent years, after Canadian Solar has taken the high-quality product route and established a high-end brand, it has set its sights further afield. In 2008, the company will produce its own silicon materials and silicon wafers in Luoyang, opening up the upstream industrial chain and forming a system. streamlined operations; while reducing component costs and increasing product profits.