Our country's new energy storage capacity will exceed 370 million kilowatts by 2030, with Ping An's photovoltaic ETF attracting significant attention.

Ask AI · How does the popularization of new energy power generation foster new opportunities in the energy storage market?

As of 09:51 on April 3, 2026, the CSI Photovoltaic Industry Index(931151) saw mixed gains and losses among its constituent stocks. Roboteck led the increase, up 7.44%; Autowei rose 3.20%; Luxiao Technology rose 2.24%; and GCL Integration fell. The latest quote of the Ping An Photovoltaic ETF(516180) is 0.82 yuan. In terms of liquidity, the Ping An Photovoltaic ETF(516180) recorded an intraday turnover of 0.26%, with trading volume of 505.5 thousand yuan. Looking at a longer period, as of April 2, the Ping An Photovoltaic ETF(516180) had an average daily trading volume of 12.90 million yuan over the past month.

On the news front, the recently released “Energy Storage Industry Research White Paper 2026” shows that by 2030, China’s cumulative installed capacity of new energy storage will exceed 370 million kW, which is more than 1.5 times the end of the “14th Five-Year Plan.” The white paper indicates that as the share of new energy power generation continues to rise, the power system’s demand for long-duration regulation resources is becoming increasingly urgent. It is expected that by 2030, the average operating duration of China’s cumulative installed capacity of new energy storage will be close to 3.5 hours, opening industrialization windows for long-duration storage technologies such as flow batteries and compressed air energy storage. Energy storage is accelerating its shift from auxiliary regulation resources to a fundamental component of the power system.

Guoxin Securities points out that the industry is currently in a profit recovery phase driven by supply-side reforms, and that market support is jointly formed by structural opportunities brought about by technological iteration and a marginal improvement in demand expectations. It recommends focusing on leading companies in polysilicon, module manufacturing, and technology, to capture long-term growth opportunities brought by efficient technology breakthroughs and top-tier consolidation.

The Ping An Photovoltaic ETF(516180) closely tracks the CSI Photovoltaic Industry Index. From the securities of listed companies whose main businesses involve the upstream, midstream, and downstream segments of the photovoltaic industry chain, the CSI Photovoltaic Industry Index selects no more than 50 of the most representative listed company securities as index samples, to reflect the overall performance of listed photovoltaic company securities.

Data shows that as of March 31, 2026, the top ten weighted stocks of the CSI Photovoltaic Industry Index(931151) are TBEA, LONGi Green Energy, Sungrow Power Supply, TCL Technology, Deye, Tongwei Co., Ltd., M&Awei Co., Ltd., Roboteck, CHINT Electric, and Jinko? Wei Chuang—together, the top ten weighted stocks account for 53.34%.

Ping An Photovoltaic ETF516180, off-exchange connection, includes Ping An CSI Photovoltaic Industry ETF Connection Launch A: 026720; Ping An CSI Photovoltaic Industry ETF Connection Launch C: 026721. Related index fund: Ping An CSI Photovoltaic Industry Index Fund A: 012722; Ping An CSI Photovoltaic Industry Index Fund C: 012723; Ping An CSI Photovoltaic Industry Index Fund E: 024618.

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