Shares of KOSDAQ-listed S-Energy rose sharply early on the 6th. Buying is seen concentrating after brokerages said the company is a key beneficiary of the government's solar power localization strategy and the opening of the space-based solar market, which will expand global infrastructure.
As of 9:26 a.m. that day, S-Energy was trading at 1,579 won, up 364 won (29.96%) from the previous session. It hit the upper price limit (the daily price rise cap) right after the open.
S-Energy, founded in 2001, is a solar module manufacturer. Independent research firm Value Finder issued a report that day, saying, "With President Lee Jae-myung directly ordering a shift to solar localization, domestic solar module makers are expected to benefit."
Lee Chung-heon, an analyst at Value Finder, said, "S-Energy is a company with the longest solar technology development track record in the domestic market, based on its accumulated solar module manufacturing experience," adding, "It regularly conducts reliability tests at three times international standards in its own lab and has a structure that verifies in-house engineer processing and blackout procedures for all production lines."
The analyst also emphasized, "As Elon Musk has presented space-based solar power as a solution to AI power bottlenecks, the need to expand global solar infrastructure is coming to the fore."
The analyst said, "S-Energy, following an agreement to supply 20 MW of modules to a renewable energy company in the Middle East, has secured cumulative HJT module supply results of 132 MW and other diverse references, which could give it an edge in future order competitions."