Index
On March 3, 2022, the Shanghai Composite Index closed at 348111 points, down – 0.09%; Shenzhen composite index closed at 1320182 points, down – 1.09%; Photovoltaic index closed at 476859 points, down – 1.82%. The wind power index closed at 306761 points, down – 0.71%. Among them, the top three companies in the photovoltaic industry are: Shanxi Coal International Energy Group Co.Ltd(600546) ( Shanxi Coal International Energy Group Co.Ltd(600546) , 5.73%), Anhui Deli Household Glass Co.Ltd(002571) ( Anhui Deli Household Glass Co.Ltd(002571) , 2.31%), Cecep Solar Energy Co.Ltd(000591) ( Cecep Solar Energy Co.Ltd(000591) , 1.82%). The top three companies in the wind power industry are: China Suntien Green Energy Corporation Limited(600956) ( China Suntien Green Energy Corporation Limited(600956) 4.11%), Dalian Huarui Heavy Industry Group Co.Ltd(002204) ( Dalian Huarui Heavy Industry Group Co.Ltd(002204) 1.17%), Cecep Wind-Power Corporation(601016) ( Cecep Wind-Power Corporation(601016) , 0.90%).
Comments
In order to further promote the development and construction of renewable energy power generation projects and coordinate and solve the difficulties and problems encountered in the development and construction of wind power photovoltaic power generation, the National Energy Administration recently held a video conference on the situation analysis of renewable energy development and construction in February. The meeting mentioned that the development of wind power photovoltaic had a good start in 2022. In January, the newly installed capacity of wind power photovoltaic in China exceeded 12 million KW, and the consumption and utilization rate of wind and solar power remained at a high level. The meeting pointed out that all localities should earnestly implement the relevant national deployment on the construction of large-scale wind power photovoltaic bases focusing on deserts, Gobi and desert areas, and actively promote the construction of base projects. At the same time, in January, the consumption data of new energy grid connection in various regions of the country were released. The overall utilization rate of wind power and photovoltaic reached 98.2% and 99.3%. In addition to Tibet, Mengxi, Shaanxi and other regions, due to their own development conditions, the utilization rate is low, and other regions have basically absorbed new energy power generation. Especially in Jiangsu, Zhejiang, Fujian and other power consuming provinces, new energy power generation has been 100% consumed. The data show that there is still room for new energy power generation, and we are optimistic about the long-term development of wind power and photovoltaic.
Industry dynamics
Recently, Yancheng, Jiangsu Province held the commencement of major projects in the city, and 11 major projects with a total investment of 24.7 billion yuan are planned to be started. The economic development zone has set up sub venues at the site of the photovoltaic cell project with a total investment of 5 billion yuan. Haitai Xinneng heterojunction battery and module project has a total investment of 5 billion yuan. It is planned to build 5GW heterojunction battery and 5GW module project in two phases. After all the projects are completed and put into operation, it can realize invoice sales of 13 billion yuan and pay taxes of 390 million yuan. (Polaris power grid)
Company dynamics
Titan Wind Energy (Suzhou) Co.Ltd(002531) ( Titan Wind Energy (Suzhou) Co.Ltd(002531) ): the company issued the draft of the second phase of the employee stock ownership plan. When the employee stock ownership plan was established, the total amount of funds planned to be raised was no more than 250 million yuan, with “shares” as the subscription unit, and each share was 1 yuan. The specific amount and share of ESOP holders shall be determined according to the actual contribution amount. According to the calculation of the closing price of 20.18 yuan / share on the day when the company held the board of directors, the total number of subject shares that can be purchased and held by the employee stock ownership plan does not exceed 12.38 million shares, that is, it does not exceed 0.69% of the total existing share capital of the company as of the date of promulgation of this draft. The final number of shares held shall be subject to the actual implementation. （wind）
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change.
