NewTimeSpace News: On March 12, A-share PV inverter concept stocks were active, with Sungrow New Energy rising over 10%, Chint Power gaining more than 8%, and SolaX Power, Kehua Data and others following suit. Csop Huatai-Pinebridge Csi Photovoltaic Industry Etf (03134.HK) opened 1.18% higher, showing strong performance in the morning session.

Csop Huatai-Pinebridge Csi Photovoltaic Industry Etf (03134.HK) tracks the CSI Photovoltaic Industry Index. The CSI Photovoltaic Industry Index selects no more than 50 most representative listed company securities from those whose main business covers the upstream, midstream, and downstream of the photovoltaic industry chain, to reflect the overall performance of listed companies in the PV industry.

On the news front, the China Photovoltaic Industry Association recently released the "China Photovoltaic Industry Development Roadmap (2025-2026)," forecasting that China's new PV power installation capacity will reach 180-240 million kilowatts in 2026, and will return to an upward trajectory after 2027. Over the past five years, China's average annual new PV installation capacity is estimated at 238-287 million kilowatts, achieving rapid growth.

Huaxi Securities stated that in the new era of commercial space commercialization, China and the U.S. dominate global commercial launches. The deployment of low-orbit satellites and the emergence of space computing scenarios have driven explosive demand for space-based solar power. Space-based solar power offers significant advantages over ground-based PV, including no atmospheric obstruction, 24-hour power generation, and high energy density, substantially improving efficiency while dramatically reducing space data center costs. It has become an essential energy solution for AI data centers and satellite constellations. (Source: Huaxi Securities, March 12, 2026, "Computer Industry Weekly: Space-Based Solar Power at Dawn: The Energy Revolution and Trillion-Yuan Opportunity in Commercial Space")

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