Index
On March 16, 2022, the Shanghai Composite Index closed at 317071 points, up 3.48%; Shenzhen composite index closed at 1200096 points, up 4.02%; Photovoltaic index closed at 447696 points, up 3.85%. The wind power index closed at 272339 points, up 3.72%. Among them, the top three companies in the photovoltaic industry are: Clenergy(Xiamen)Technology Co.Ltd(603628) ( Clenergy(Xiamen)Technology Co.Ltd(603628) , 10.02%), Hangzhou First Applied Material Co.Ltd(603806) ( Hangzhou First Applied Material Co.Ltd(603806) , 10.00%), Ning Xia Yin Xing Energy Co.Ltd(000862) ( Ning Xia Yin Xing Energy Co.Ltd(000862) , 9.98%). The top three companies in the wind power industry are: Ningbo Orient Wires & Cables Co.Ltd(603606) ( Sungrow Power Supply Co.Ltd(300274) , 10.01%), Ning Xia Yin Xing Energy Co.Ltd(000862) ( Dajin Heavy Industry Co.Ltd(002487) , 9.98%), Zhejiang Windey Co.Ltd(300772) ( Jiangsu Sinojit Wind Energy Technology Co.Ltd(601218) , 7.65%).
Comments
The International Energy Agency (IEA) recently released the global energy review: carbon dioxide emissions in 2021. The report pointed out that in 2021, the global carbon dioxide emissions in the field of energy reached 36.3 billion tons, a year-on-year increase of 6%, exceeding the level before the outbreak of covid-19 pneumonia and setting a record. IEA believes that the soaring natural gas price in 2021 has led to a strong recovery of coal-fired power generation, which has become the main reason for the “strong rebound” of carbon emissions in the energy sector. In 2021, carbon dioxide emissions in the global energy sector increased by more than 2 billion tons compared with 2020, a record high growth rate. At the same time, it also offset the decline in carbon emissions caused by the weakening of economic activity since the covid-19 pneumonia epidemic. In 2021, global energy demand rebounded sharply, superimposed with bad weather and energy market shocks. These factors have pushed up carbon emissions, among which the rebound of coal-fired power generation in various countries is also an important reason. We believe that the expansion of energy demand and the agenda of global carbon reduction will further drive the development of green energy. With the new energy power generation enterprises led by wind power and photovoltaic gradually equal to the traditional fossil fuel power generation in terms of electricity price cost, new energy power generation will usher in good development opportunities. It is suggested to focus on listed companies related to photovoltaic and wind power. Related enterprises: Longi Green Energy Technology Co.Ltd(601012) .
Industry dynamics
Recently, the 49.5 MW wind power project of Dunhuang haizhuang new energy company Beihu No.3 wind farm phase I, invested by China Cssc Holdings Limited(600150) group wind power development company and started construction in 2021, resumed construction in the Gobi Desert 60 kilometers north of Dunhuang City, and is planned to be completed and put into use in July this year. This is the first wind power project in Dunhuang. (Polaris power grid)
Company dynamics
Ning Xia Yin Xing Energy Co.Ltd(000862) ( Ning Xia Yin Xing Energy Co.Ltd(000862) ): the company issued an announcement on obtaining the filing of photovoltaic projects. Ningdong 250MW photovoltaic composite power generation project has obtained the filing of the development and Reform Commission of Ningxia Hui Autonomous Region. The total planned investment of the project is 107429 million yuan, which is constructed by Ning Xia Yin Xing Energy Co.Ltd(000862) Ningdong branch Ning Xia Yin Xing Energy Co.Ltd(000862) Ningdong branch is carrying out preliminary work of land pre-trial, environmental impact assessment, power grid access and other projects. （wind）
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change.
