as of 13:54 on may 9, 2024, pv ETF ping an (516180) rose 2.58 percent, with the latest price at 0.676 yuan.

On the news, the Shanghai Lingang New Area Management Committee announced a decision on the approval of the river-related construction plan for the Tesla Energy Storage Super Factory project. Agree to the relevant engineering construction plan of the Tesla Energy Storage Super Factory Project submitted by Tesla (Shanghai) within the management scope of the Nanfengjie River. In the third chapter of Tesla's previously announced "secret ambition", Tesla set the goal of a comprehensive shift to sustainable energy, achieving 100 percent sustainable energy by 2050. Tesla's energy storage super factory project is also one of the important measures to achieve this goal.

Debang Securities pointed out that China's energy storage industry chain has advantages in manufacturing, cost and market. Tesla's construction of an energy storage plant in Shanghai, China, on the one hand, takes a fancy to China's advantages of large-scale manufacturing and rapid response, which can quickly make up for the shortcomings of Megapack production capacity; on the other hand, taking advantage of China's complete and low-cost energy storage system industry chain can reduce Megapack costs, Tesla's energy storage business layout in China is expected to drive the vigorous development of related industry chains.

The rapid development of energy storage business is expected to link China's photovoltaic elimination problem, driving the accelerated development of the photovoltaic industry.

photovoltaic ETF Ping An (516180) closely tracks the CSI photovoltaic industry index. The CSI photovoltaic industry index selects no more than 50 of the most representative listed company securities from the securities of listed companies whose main business involves the upper, middle and lower reaches of the photovoltaic industry chain as index samples to reflect the overall performance of the securities of listed companies in the photovoltaic industry. The top 10 heavyweights in the index are sunshine power supply (300274), TCL technology (000100), Longji green energy (601012), tebian electric (600089), tongwei shares (600438), TCL central (002129), jingao technology (002459), trina solar energy (688599), jingsheng electromechanical (300316) and zhengtai electric (601877), with the top 10 heavyweights accounting for 58.13 of the total.