Photovoltaic: the Ministry of housing and urban rural development issued the development plan for building energy conservation and green buildings during the 14th Five Year Plan period. It is estimated that the installed capacity of photovoltaic in new buildings will be 50gw during the 14th Five Year Plan period. Recently, the Ministry of housing and urban rural development issued the “14th five year plan for building energy efficiency and green building development”. The plan points out that by 2025, the energy-saving transformation area of existing buildings will be more than 350 million square meters, the construction of ultra-low energy consumption and nearly zero energy consumption will be more than 50 million square meters, the proportion of prefabricated buildings in new urban buildings in that year will reach 30%, and the installed capacity of Cecep Solar Energy Co.Ltd(000591) photovoltaic buildings in China will be more than 50 million KW, Geothermal energy has a building application area of more than 100 million square meters, the replacement rate of renewable energy in urban buildings has reached 8%, and the proportion of power consumption in building energy consumption has exceeded 55%. The terminal game continues, waiting for the expansion of demand elasticity. From the perspective of segments: 1) silicon material: the price of silicon material continues the slight rise trend before, and the prices of various silicon materials have increased by 0.49% – 0.57%. At present, in late March, all silicon material manufacturers have signed long orders in March, and individual individual individual orders are traded at a slightly higher price, raising the average price of silicon material; 2) Silicon wafer: the price of silicon wafer is generally stable this week; 3) Battery pack: the price of battery pack in China remained stable this week, with individual prices rising slightly, but the cost transmission is still not smooth. The overall rising sentiment is greatly affected by the low acceptance of downstream components; 4) Components: the price of components in China rose slightly this week, and the demand order in China is not clear temporarily, which is under pressure at both ends of the cost side and the demand side; The price of overseas components is basically stable. Affected by the end of the pull tide, the demand in India is decreasing, and the price of individual components decreases slightly.
Wind power: the list of 6.2gw key wind power projects in Gansu Province in 2022 was published. Recently, Gansu Provincial Development and Reform Commission released the list of major construction projects listed in the province in 2022, in which 9 new projects are planned, with a total scale of 3300mw, including 3 scenery projects and 1 phase I project of intelligent fan manufacturing base; There are 3 further projects, with a total scale of 2900mw, including a scenery project. There are 12 2gw projects in total. Procurement bid opening of 768mw wind turbines for 8 wind power projects of cecep. There are 6-8 complete machine manufacturers bidding for the project, of which Xinjiang Goldwind Science And Technology Co.Ltd(002202) offers the lowest price for 4 times, Ming Yang Smart Energy Group Limited(601615) offers the lowest price for 2 times, Zhejiang Windey Co.Ltd(300772) offers the lowest price for 2 times, and among the eight projects, the lowest price is 1700 yuan / kW of Zhejiang Windey Co.Ltd(300772) .
Industrial control: the overall investment in fixed assets maintained growth, while the manufacturing industry maintained growth. According to the data of the National Bureau of statistics, the completed investment in fixed assets from January to February 2022 was 5076.3 billion yuan, a year-on-year increase of 12.2%; From January to February 2022, the completed investment in fixed assets of manufacturing industry was 255244 billion yuan, with a year-on-year increase of 20.9%.
Investment proposal and investment object
The photovoltaic sector recommends Longi Green Energy Technology Co.Ltd(601012) ( Longi Green Energy Technology Co.Ltd(601012) , buy), Tongwei Co.Ltd(600438) ( Tongwei Co.Ltd(600438) , buy), Ja Solar Technology Co.Ltd(002459) ( Ja Solar Technology Co.Ltd(002459) , buy), Shanghai Hiuv New Materials Co.Ltd(688680) ( Shanghai Hiuv New Materials Co.Ltd(688680) , buy), Hangzhou First Applied Material Co.Ltd(603806) ( Hangzhou First Applied Material Co.Ltd(603806) , buy). It is recommended to pay attention to Trina Solar Co.Ltd(688599) ( Trina Solar Co.Ltd(688599) , not rated); The wind power sector recommends Riyue Heavy Industry Co.Ltd(603218) ( Riyue Heavy Industry Co.Ltd(603218) , overweight), and it is recommended to pay attention to Titan Wind Energy (Suzhou) Co.Ltd(002531) ( Titan Wind Energy (Suzhou) Co.Ltd(002531) , not rated), Dajin Heavy Industry Co.Ltd(002487) ( Dajin Heavy Industry Co.Ltd(002487) , not rated), Jiangyin Hengrun Heavy Industries Co.Ltd(603985) ( Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , not rated), Ningbo Orient Wires & Cables Co.Ltd(603606) ( Ningbo Orient Wires & Cables Co.Ltd(603606) , not rated).
Risk tips
The growth of photovoltaic industry is less than expected; The growth of wind power industry is less than expected; Industrial control industry grew less than expected
