中金：2026光伏需求有望修复储能迎海内外景气共振

智通财经网2025-12-24

智通财经APP获悉，中金发布研报称，光伏主产业链在反内卷的帮助下于2025年下半年逐步见底甚至改善，但财务报表的改善减缓市场化出清，因此反内卷的持续推进势在必行，组件顺价或将是核心。2026年虽然行业需求阶段性走弱，但供给端反内卷以及龙头企业alpha将帮助部分企业扭亏为盈，储能装机带来消纳能力的增强，十五五中后期光伏需求有望修复。由于光伏消纳问题突出，倒逼国内电力市场化及调节性电源发展，储能迎...

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href=http://www.zhitongcaijing.com/content/detail/1385425.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，中金发布研报称，光伏主产业链在反内卷的帮助下于2025年下半年逐步见底甚至改善，但财务报表的改善减缓市场化出清，因此反内卷的持续推进势在必行，组件顺价或将是核心。2026年虽然行业需求阶段性走弱，但供给端反内卷以及龙头企业alpha将帮助部分企业扭亏为盈，储能装机带来消纳能力的增强，十五五中后期光伏需求有望修复。由于光伏消纳问题突出，倒逼国内电力市场化及调节性电源发展，储能迎...</p>\n\n<a 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中金：2026光伏需求有望修复 储能迎海内外景气共振

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中金：2026光伏需求有望修复储能迎海内外景气共振