[High-tech LED News] Tongfang shares announced the semi-annual report, realizing the main business income of 8.498 billion yuan, an increase of 32.78%; net profit of 129 million yuan, an increase of -2.58%, net profit after deducting non-recurring gains and losses was 141 million yuan, The year-on-year growth was 269.52%; the basic earnings per share was 0.0651 yuan.
Tongfang said that in the first half of the year, it has increased its investment in the high-brightness LED chip industry in the emerging industries, and strived to build a full-line industrial chain from chip to lighting products and engineering implementation, and make full use of the company's waste heat recovery and building energy conservation. Comprehensive technical advantages in transformation, lighting and energy conservation, explore emerging business models such as contract energy management, and explore energy conservation and environmental protection markets.
In addition, the company will continue to implement the “technology + capital†development strategy, use the capital market platform to promote the overseas listing and asset restructuring of its subsidiaries, and several projects are currently progressing steadily.
The main function of the Solar Energy Storage System is to store the electrical energy generated by the solar panels so that it can continue to supply electricity when the solar panels cannot generate electricity or when the demand for electricity exceeds the supply of the solar panels. It is an energy storage solution for improving the self-sufficiency and energy efficiency of solar power generation systems.
Main effect:
Energy Storage: The Solar Energy Storage System uses batteries to store excess electricity generated by solar panels. When solar panels generate more power than needed, the excess power is stored in batteries to continue supplying power when needed.
Power supply backup: When the solar panels cannot generate enough power, such as at night, in cloudy, or in bad weather, the Solar Energy Storage System can use the stored power to continue to supply power to ensure the continuity and stability of the power supply.
Energy Balance: The Solar Energy Storage System helps to balance the energy difference between the electricity generated by solar panels and the electricity demanded, thus optimizing energy management and maximizing self-sufficiency.
Differences from other energy storage systems:
Power source: The power source of the Solar Energy Storage System is a Solar Panel, which directly generates electricity by converting sunlight. While other energy storage systems may come from other renewable energy sources, such as wind energy, hydro energy, or non-renewable energy sources, such as grid electricity.
Renewability: The Solar Energy Storage System uses solar energy as a power source and is a renewable energy system. Other energy storage systems may utilize different types of energy sources, with varying degrees of renewability.
Application scenarios: Solar Energy Storage System is mainly used in photovoltaic power generation systems, especially in conjunction with solar panels. Other energy storage systems can be used in different energy generation systems, selected according to specific energy sources and application requirements.
Overall, the main function of the Solar Energy Storage System is to store the electrical energy generated by the solar panels for continued power supply at night or when the solar panels are unable to generate electricity. Compared with other energy storage systems, it uses solar energy as a power source, is a renewable energy system, and is mainly used in photovoltaic power generation systems to improve energy utilization efficiency and self-sufficiency.
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