HJT电池技术专题研究：降本增效持续推进，渗透率有望快速提升

投资要点 ➢ ➢ 一、HJT具备多重优势，渗透率有望快速提升.............................................................................4 1.HJT电池结构优异，工艺路径全新.............................................................................................................42.HJT具备多重优势，降本空间广阔.............................................................................................................53.光伏产业技术革新加快，HJT电池渗透率有望提升....................................................................................7 1.微晶化提效..................................................................................................................................................82.改进封装工艺...............................................................................................................................................83.硅片薄片化..................................................................................................................................................94.降低银耗......................................................................................................................................................95.设备国产化................................................................................................................................................126.靶材低铟化................................................................................................................................................13 五、风险提示.............................................................................................................................16 ......................................................................................................................................................4...........................................................................................................................................5...................................................................................................................................................5...............................................................................................................................................7...............................................................................................................................................7...............................................................................................................................................7...................................................................................................................................8.............................................................................................................9.................................................................................................................9...................................................................................................10....................................................................................................................................10............................................................................................................................10............................................................................................................................11...............................................................................................................................................11................................................................................................................12.......................................................................................................................12.......................................................................13................................................................................................................................13 ................................................................................................14............................................................................................14................................................................................................15............................................................................................15 .......................................................................................................................................6.........................................................................................................................................12 ⚫⚫⚫⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫