As a mage, I just want to pursue the truth

Chapter 383 Biophotovoltaics
It was just wishful thinking on Bob's part that his wishes would be respected.

He's just a retired astronaut.

Even if Armstrong were alive, he would not have the power to refuse in the face of the state apparatus.

Bob disappeared soon after he went to Los Angeles.

Luo Shu didn't need to think to guess that the other party was recruited into a secret organization by American and was engaged in the exploration of the virtual world.

He thought to himself that given his relationship with Bob, even if the other party really wanted to go, he would have a meal with him before leaving.

As a result, Bob disappeared from the world without a sound, and the messages on WeChat stopped the day after he arrived in Los Angeles.

Based on this, Luo Shu judged that America's exploration of the virtual world must be more strictly controlled.

Soon Bob's job was taken over by another astronaut who graduated from NASA. Luo Shu did not become a member of the management team just because of his seniority, even if it was just grassroots management.

With the combination of these two factors, Luo Shu suddenly became discouraged about rushing to buy virtual reality equipment.

In his opinion, even if he bought the virtual reality equipment, there was a high probability that he would be transferred directly by American.

If I go to the FBI, I will have even less freedom, and being able to leave America smoothly will become a luxury.

Luo Shu simply gave up and waited until "Future" was rolled out on a large scale and everyone had one, then he would rush to buy one.

He learned from various user introductions, official propaganda, and official settings that the magic world is a planet much larger than the Blue Star.

It’s such a big planet, even if countless people have entered before, it’s impossible to take all the opportunities.

Luo Shu had been away from China for too long, and even the Asian people working around him were either Japanese, Koreans, or ABCs.

He hadn't spoken Chinese for a long time, and the word "chance" seemed to have remained in the last century for Luo Shu.

Luo Shu was frustrated in the small town of Texas, but he did not give up any chance to escape.

Lion City’s biophotovoltaic technology is being prepared for global shipment.

Photovoltaic technology is a rare industry in which China has an advantage worldwide.

In the first half of the 2020s, China accounted for 80 percent of the global market share, and at its peak it was close to 90 percent.

Even though America is vigorously suppressing China's advantageous technological industries, the photovoltaic industry is one of the main targets.

America imposes additional tariffs on photovoltaic products, with the additional tariff being 25%.

The proportion of additional tariffs was reduced later, and different photovoltaic components had different tariffs.

America imposes additional tariffs on China's photovoltaic products. China's major photovoltaic manufacturers send their products to Southeast Asian countries first, put a label on them in Vietnam, and then sell them to America and other developed countries.

Especially after European and American countries accelerated their installation plans for photovoltaic and wind power new energy in 2022, many of the listed companies in China's photovoltaic industry expected annual profit increases of more than %.

Even so, why don’t the stock prices of companies upstream and downstream of the photovoltaic industry chain rise?

The root cause is still expectations. According to a research report made by Alberto, managing director of Goldman Sachs Global Investment Research in 2022:
Due to the large-scale shipments of photovoltaic modules in the three years from 2020 to 2022, coupled with the sluggish economic situation in the future, there will be a relatively obvious decline in demand in the photovoltaic industry in 2023.

This view is not only held by Goldman Sachs, but also by many investment institutions.

But that doesn’t mean Goldman Sachs is necessarily right. They also issued a research report in 2018, which stated that the photovoltaic industry is entering a downturn.

As a result, the photovoltaic industry has entered a period of tremendous development.

Similarly, the prediction they made in 2022 was indeed verified in 2023, but after 2024, the photovoltaic industry once again saw strong demand.

Combined with technological breakthroughs, individual stocks in the photovoltaic industry have been crazily sought after by investment institutions and investors.

In 2020, China's photovoltaic industry accounted for 2030 percent of the market share, but by this market share had declined.

China's photovoltaic industry only accounts for about 50 percent of the market share.

The lost market share has been gradually regained by developed countries.

Artificial intelligence has entered all walks of life, and coupled with China's economic development and population problems, it has lost its advantage in the labor force.

In 2020, the American Department of Energy invested 730 million US dollars in artificial intelligence solutions for solar energy applications.

At that time, these solutions mainly focused on improving the performance and reliability of photovoltaic modules, photovoltaic power plants and CSP power plants; solar energy output prediction; grid situation awareness, etc.

Later, with the development of artificial intelligence technology, Internet giants led by China and America have intervened in the complete solution of industrial intelligence.

The photovoltaic landscape has been completely changed.

China's market share worldwide has been declining year by year, and the downward trend is very obvious.

Previously, China's photovoltaic component costs were 10% lower than India, 20% lower than America, and 35% lower than Europe.

By 2031, China's cost advantage in photovoltaic modules will have disappeared, leaving it with only about % cost advantage.

Compared with Europe, the cost advantage is greater, about 5%.

The main reason is that the price of industrial energy in Europe is more expensive than in China.

In the past, your prices were so much lower that I had to choose Chinese products.

Now your prices can be only so low, coupled with trade protectionism and the desire to keep the industry in the country, so developed countries are gradually beginning to implement domestic substitution in the field of photovoltaic components.

Feng Shui turns.

Previously, China focused on domestic substitution and de-IOE, but now developed countries are starting to de-localize the photovoltaic industry.

As this trend intensifies, the entire industry is in a state of panic.

Developed countries have the strongest demand for clean energy. For developing and underdeveloped countries, just being able to survive is enough and they do not have the resources to pursue these.

The International Monetary Fund or some other organizations will proactively provide them with interest-free loans, allowing these developing and underdeveloped countries to promote clean energy.

But to whom these interest-free loans are given depends on who is willing to be a dog. In addition, I may suggest that you should buy my American products.

After experiencing the peak in 2024/25, China's photovoltaic industry has been on a downward trend and is now in a state of panic.

Many second- and third-tier photovoltaic manufacturers have gone bankrupt.

The reshuffle of the global photovoltaic industry has already brought winter to China's photovoltaic companies. The bio-photovoltaic products that Lion City is going to launch are like pouring another bucket of cold water in the winter.

It couldn't get any colder.

All companies related to the photovoltaic industry have been falling all the way. This is not only the case for A-shares, but also for photovoltaic listed companies in the global market.

The price-to-earnings ratio of China's two leading photovoltaic companies has fallen below 0.5.

This is the case when no technical parameters of biophotovoltaic products have been disclosed.

“Do you still want to play? As long as our country does not allow Singapore’s bio-photovoltaic products to enter our market.

These photovoltaic companies meet domestic demand, and their market value is much higher than it is now.”

"If you don't want to play, get up quickly. I can recite all the words that the secretary of the board of directors kept saying.

Why not buy back and cancel shares to boost confidence at this time, when there are still tens of billions of liquid funds on the books? "

"Just based on the tens of billions of liquid funds on the books, the market value is more than the current market value." Photovoltaics is an industry with high investment and high returns, and it used to be.

Only the leading raw material companies have a lot of working capital on their books, but they still have a considerable number of short-term and long-term liabilities.

Life is far from easy for companies downstream of the industrial chain.

The upcoming launch of bio-photovoltaic products has led to a sharp drop in global photovoltaic demand, and everyone is waiting and watching.

Isn’t biophotovoltaic more environmentally friendly and energy-efficient than silicon-based?

Even though the specific parameters have not been revealed yet, investors can infer that bio-photovoltaic base stations are definitely stronger than traditional photovoltaic technology in terms of operation and service life.

Except for the upstream raw material manufacturers who have a certain say, what other manufacturers have on their books is not cash, but accounts receivable.

Moreover, if demand suddenly disappears, accounts receivable cannot be converted into cash at all.

The global photovoltaic industry can be summed up in two words: it’s a mess. Waiting for the latest news from Singapore.

Investors of A-share market were full of curses.

It’s even worse than buying real estate bonds in 2021.

“Do you think Meilin’s bio-photovoltaic technology will really last longer than traditional photovoltaic modules?
It doesn't have to be a tree.

It could be bacteria or microorganisms.

A technical solution we designed previously was to use photosynthetic microorganisms as light absorbers.

Non-bioengineering approaches, such as electrode modification and device optimization, are used to enhance the electrochemical communication between living cells and electrodes.

However, due to the weak electrogenic activity of photosynthetic microorganisms, the power density of BPV is still low.

We developed a BPV based on a D-lactic acid-mediated microbial consortium consisting of photosynthetic cyanobacteria and electrogenic Shewanella.

By directing solar energy from photons to D-lactic acid and then to electricity, this BPV produces a power density of over 150 mW·m-2 in a time-separated setup.

Even so, the spatiotemporally separated setup with moderate complementation was only able to operate stably for more than 40 days with an average power density of 135 mW·m -2 .

I think biophotovoltaic technology may not be as optimistic as everyone expects. "

This method was mentioned in an article published in Nature by Chinese scientists in September 2019.

The first author of the paper is a well-deserved expert in the field of biophotovoltaics and was invited by several private equity fund managers to teach them.

The appearance fee alone was six figures.

But compared with the appearance fees of celebrities, it’s not that much.

Biophotovoltaic technology has not only had a profound impact on investors and investment institutions, but has also caused a huge shock to the academic community.

Our technology is still at its primitive stage, so how can you promote it on a large scale?

"Professor Zhu, just like we all thought that bio-communication technology was very imaginary before, no one believed that bio-communication technology could be realized before.

As a result, biocommunication technology has now been implemented in major cities around the world.

The same is true for biophotovoltaics.

It has been said before that the 21st century is the century of biology, and now it seems to be true, except that the century of biology did not begin at the beginning of the century.

If you tell me that interstellar quantum communication will be realized tomorrow, I will believe it too."

This is a common thought among individuals of this era.

No matter how outrageous the technology is, everyone will believe it first and then question it.

If it is an announcement issued by Ke Chuang Biotechnology, then there is no reason to believe it.

This is the best era for individuals, with endless possibilities.

This is the most uncontrollable era for capital. You never know which industry is about to be wiped out.

Before, everyone complained that celebrities’ appearance fees were seven or even eight figures, while academicians’ appearance fees were only eight hundred yuan.

Thanks to real idols, the appearance fees of celebrities have been reduced to five figures.

Even if it's a five-digit appearance fee, everyone still fights to the death.

Wouldn’t it be great to have a virtual idol who has works, good looks, good acting skills, and never has any negative news?

"Compared with traditional photovoltaic materials, biophotovoltaic technology is undoubtedly much superior from an environmental perspective.

Traditional photovoltaic materials are toxic and difficult to recycle, but organisms themselves can be integrated into the larger cycle of nature.

In addition, traditional photovoltaics also need to consider location and require a dedicated base.

As for biophotovoltaic technology, if it is microorganisms, it will be more troublesome than traditional photovoltaics.

But if it is a woody plant, then it is a woody plant with extremely strong survival ability.

At the same time, it can serve the dual purpose of providing wood and biophotovoltaics.

Even though its performance is not as good as traditional photovoltaics, it still has broad development prospects.

In addition, it is necessary to consider whether it will cause damage to the ecosystem.

For example, competing for living space with other plants, reproducing too quickly and causing the extinction of other plants, etc.

This requires a complete solution.”

"Professor Zhu, can I understand that if photovoltaic organisms are woody plants, then forestry companies will have a great advantage.

Just from the operational management of woody plants and the large amount of forestry land on hand.

They have a first-mover advantage?"

China will plan the use of every piece of land.

If you say it is commercial land, you cannot build houses on it; if you say it is arable land, even if no farmer is willing to cultivate that land, it still has to be arable land.

Fund managers quickly thought that if it was a woody plant, wouldn’t forestry companies that held large amounts of forestry land have the upper hand?
There is no essential difference between private equity fund managers and hot money, and their operating methods are much more flexible than those of cemetery funds.

After communicating today, we can work together to cover all forestry companies tomorrow.

“Whether it is a woody plant or not is just a guess.

I infer based on the appearance of the bio-communication tree that it probably is.

But in fact, if it is a woody plant, I feel that the light energy conversion rate will be relatively low.

Like traditional photovoltaics, it is laid flat facing the sun and its angle changes with the sunlight.

I still think cyanobacteria or eukaryotic microalgae are more likely.

It’s just that Merlin will optimize cyanobacteria or eukaryotic microalgae to achieve longer life and higher power.”

(End of this chapter)