In recent years, clean energy has increasingly met the needs of the times. With the rapid development of China's new energy vehicle industry and the introduction of the "dual-carbon" goals, industries related to new energy have become blue oceans that everyone is eager to enter.

Among them, the photovoltaic industry is particularly booming.

According to data provided by Tianyancha on October 25th, there are over 518,000 photovoltaic-related companies in China, with 113,000 of them being newly established since 2022.

Many photovoltaic companies have gone public in 2022. According to incomplete statistics from Time Finance, as of the end of the third quarter, a total of 14 photovoltaic companies have successfully listed on the A-share market since 2022, which is 2.3 times the number in 2021.

Data Source: Tianyancha, Time Finance Graphics

458.6 billion yuan, Capital "Exclusive Favor" Photovoltaics

Behind the strong development momentum of the photovoltaic industry chain, there is naturally the pursuit of capital.

According to incomplete statistics from Times Finance, in the first three quarters of 2022, a total of 160 companies related to photovoltaics conducted 168 financing rounds, with many photovoltaic companies raising funds twice.

Based on the financing stages, in the first three quarters of 2022, the most common financing stage was the angel round, with 36 companies completing such rounds, accounting for 22.5% of the total number of photovoltaic companies that raised funds this year. In the first three quarters of 2022, a total of 160 companies related to photovoltaics conducted financing, with 38 projects disclosing specific amounts, totaling a whopping 45.86 billion yuan.

Data Source: Tianyancha, Times Financial Graphics

In addition to actively financing before going public, post-listing photovoltaic companies have also been busy. During this period, 29 listed companies conducted targeted additional issuances. Among the 168 financing projects this year, 38 projects disclosed specific amounts, with these 38 projects raising a total of 45.86 billion yuan.

Focus on the busway, explore the path of innovation in the photovoltaic industry.

The rapid development of the photovoltaic industry has led to a bustling scene among companies, all striving to deploy photovoltaic equipment quickly to secure a share in the industry. However, photovoltaic equipment is easily influenced by the environment and region. In areas abundant in solar energy, with high temperatures, photovoltaic equipment is exposed to sunlight for long periods during the day, leading to overheating and fire hazards. Nighttime temperatures are low, with significant temperature fluctuations, making them more vulnerable to the effects of thunderstorms and challenging the equipment's lifespan.

Different regions in China have varying electricity demands. Underdeveloped areas often face strong electricity demands but inadequate power supply, while more developed regions enjoy cheaper electricity, leading to wasteful energy consumption due to a lack of conservation measures.

CG BUSWAY, deeply rooted in the power industry for many years, has developed a range of busway products based on excellent product design concepts and manufacturing technologies. CG BUSWAY's busway products have obtained various authoritative certifications such as "CQC Certification," "CB International Certification," as well as provincial and municipal-level recognitions for high-tech products and technological achievements. Compared to traditional cable installations, busway features advantages such as small size, easy installation and disassembly, space-saving design, convenient maintenance, quick construction, corrosion resistance, safety, reliability, and long service life.

Product Certificate

The various busway products of CG BUSWAY have subtle differences based on the designed application scenarios. For instance, CG BUSWAY's new energy-saving and high-density busway features low temperature rise, low energy consumption, strong current-carrying capacity, significantly reducing operational costs. It complies with standards such as IEC 61439-1, IEC-61439-6, GB/T 7251.1, GB/T 7251.6, and has obtained both "CCC certification" and "China Energy Conservation Product certification," emphasizing energy efficiency. 

CG BUSWAY's fire-resistant busway exhibits excellent fire resistance, ensuring uninterrupted operation for up to 180 minutes in environments with fire temperatures exceeding 950°C. 

CG BUSWAY's intelligent control busway leverages Internet technology, incorporating five major monitoring systems: power consumption monitoring, leakage current monitoring, temperature monitoring, humidity monitoring, and fire monitoring. It offers features such as video surveillance, real-time data, data visualization, and mobile tracking.

CG BUSWAY - Energy-efficient high-density busway

CG BUSWAY - Fire-resistant busway

CG BUSWAY - Intelligent Control Type Busway

CG BUSWAY focuses on busway products and, facing the emerging photovoltaic industry, CG BUSWAY actively explores, bravely experiments, designs a variety of busway products, simulates them in the laboratory, and applies them in various scenarios. This provides multiple safeguards for the safety of photovoltaic equipment, reduces the likelihood of safety accidents, minimizes wastage of electrical energy, and explores the path of innovation for new power systems.