Space photovoltaic investment opportunities are optimistic; Laplace rises nearly 10%

On March 20, the space photovoltaic concept oscillated strongly, with Laplace (688726.SH) rising nearly 10%, followed by Aotwei (688516.SH), Liancheng CNC (920368.BJ), Maiwei Co., Ltd. (300751.SZ), Jingsheng Electromechanical (300316.SZ), and Jiejia Weichuang (300724.SZ) among the top gainers.

In terms of news, on March 16 local time, NVIDIA announced the launch of the Vera Rubin Space-1 space computing platform at the GTC developer conference, officially laying out a plan for orbital AI data centers and ushering in a new era of space computing power. Space photovoltaics are unaffected by day and night or weather conditions, with higher light intensity and energy density far exceeding that on the ground, becoming the most core energy solution for space computing power and opening up a new battlefield in outer space for the photovoltaic industry in the medium to long term.

Yao Yao, chief analyst of new energy and power equipment at Guojin Securities, believes that the power shortage issue in North America continues to heat up. Compared to the prolonged gas turbine order cycle, breakthroughs in the large-scale mass production of space photovoltaic products and successful recovery of starships may lead to a significant reduction in satellite manufacturing and launch costs happening sooner. He remains optimistic about investment opportunities in the space photovoltaic field, with the focus of the industrial chain layout gradually shifting towards the supply chain of materials for space and ground.

You Jiaxun, chief analyst of electrical equipment and new energy at China Merchants Securities, stated that the expansion of photovoltaic production on the ground in North America is expected to continue using China’s mature technology routes and supply chains for auxiliary materials, while space equipment and auxiliary materials need targeted development and design. This round of photovoltaic expansion in North America will lead to a revaluation of related domestic auxiliary materials, equipment, and leading manufacturing companies. At the same time, although the current demand for photovoltaics from low-orbit satellites is small, it is growing rapidly, and space photovoltaics may evolve into a large market in the future.