Op Lighting's revenue in the first three quarters increased by 20.23% year-on-year. Net profit in the third quarter decreased by 23.52%.

On October 24, Op Lighting released its third quarterly report. The company achieved operating income of 3.631 billion yuan from January to September 2016 , an increase of 20.23% year-on-year. The company's operating income for the quarter increased by 2.19% from the previous quarter;

In terms of profit performance, the net profit attributable to shareholders of listed companies in the first three quarters was 299 million yuan, a year-on-year increase of 20.74%. The company's net profit for the quarter was down 23.52% from the previous quarter.

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Data from the Opto Lighting Third Quarterly

Solar Battery Pack

Solar Battery Pack refers to the overall unit formed by combining multiple solar battery monomers. It is one of the core components of the energy storage system, which is used to store the electric energy generated by solar power generation and supply electricity to electric equipment when needed.

Main effect:

Energy storage: Solar Battery Pack is used to store electricity generated by solar power, and store excess electricity to supply electricity when solar energy is unavailable or power demand exceeds solar energy generation.

Regulating power fluctuations: The output of solar panels is affected by factors such as solar radiation, causing fluctuations in power. The Solar Battery Pack smooths out power fluctuations and maintains steady power output.

Improve self-sufficiency: By storing solar power, Solar Battery Pack can increase the self-sufficiency of the solar system, that is, it can meet the power needs of electrical equipment and reduce dependence on the grid.

Differences from Solar Energy Storage System:
The Solar Battery Pack is an integral part of the Solar Energy Storage System. Solar Energy Storage System is a broader concept that includes all systems used to store solar energy or other energy, of which the Solar Battery Pack is a component.

The Solar Energy Storage System also includes other components such as inverters, charge, and discharge controllers, battery management systems, etc., which together form a complete energy storage system. The Solar Battery Pack is mainly responsible for the function of storing electrical energy. Therefore, Solar Energy Storage System covers more components and functions, and Solar Battery Pack is only one component of it.

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