Company dynamics
An Hui Wenergy Company Limited(000543) ( An Hui Wenergy Company Limited(000543) ): the company plans to acquire 51% equity of Anhui Wanneng environmental protection power generation Co., Ltd. held by Anhui Energy Group Co., Ltd. in cash, with a transaction price of RMB 187272 million. In view of the fact that the energy group assumed joint and several guarantee liabilities for the environmental protection power generation loan of RMB 1.65 billion before this transaction, after the completion of this transaction, the company shall bear joint and several guarantee liabilities for the environmental protection power generation loan of RMB 840 million according to the proportion of capital contribution (51%). (Ifind) risk tip: the epidemic fluctuation is higher than expected, and the installed capacity of new energy is lower than expected.
Events
On March 22, 2022, the Shanghai Composite Index closed at 325986 points, up 0.19%; Shenzhen composite index closed at 1231878 points, down 0.49%; The power sector index closed at 305615, up 0.29%. Among them, two companies in the photovoltaic power generation sector rose:
ST Colin ( Kelin Environmental Protection Equipment Inc(002499) . SZ, 1.82%), Tunghsu Azure Renewable Energy Co.Ltd(000040) ( Tunghsu Azure Renewable Energy Co.Ltd(000040) . SZ, 0.31%). The top three companies in the thermal power sector are: Huaneng Power International Inc(600011) ( Huaneng Power International Inc(600011) . Sh, 3.39%), Shanghai Electric Power Co.Ltd(600021) ( Shanghai Electric Power Co.Ltd(600021) . Sh, 1.25%), Beijing Jingneng Power Co.Ltd(600578) ( Beijing Jingneng Power Co.Ltd(600578) . Sh, 1.06%).
Comments
The national development and Reform Commission and the National Energy Administration issued the implementation plan for the development of new energy storage in the 14th five year plan. The plan emphasizes that by 2025, the new energy storage will enter the stage of large-scale development from the initial stage of commercialization, and have the conditions for large-scale commercial application. By 2030, new energy storage will be fully market-oriented. The plan proposes to clarify the main position of the independent market of new energy storage, promote the participation of new energy storage in various power markets, improve the power market mechanism suitable for new energy storage, and remove institutional obstacles for the gradual development of marketization. Facing the development demand of new energy storage and the current situation of power market construction, we will implement classified measures and steadily promote the reasonable guidance of new energy storage cost. With the continuous advancement of new energy construction, the demand for regulation capacity of power system is also increasing. The development of advanced energy storage technology will support the construction of new power system. Increasing the application of energy storage technology on the power side can effectively solve the problem of new energy consumption and bring new opportunities for energy transformation and development.
Industry dynamics
1. In February this year, China’s economy continued to recover steadily, and the power consumption of the whole society continued to grow, reaching 623.5 billion kwh, a year-on-year increase of 16.9%. By industry, the power consumption of the primary industry was 7.7 billion kwh, a year-on-year increase of 15.4%; The electricity consumption of the secondary industry was 375.6 billion kwh, a year-on-year increase of 14.5%; The electricity consumption of the tertiary industry was 118.2 billion kwh, a year-on-year increase of 17.4%; The domestic electricity consumption of urban and rural residents was 122 billion kwh, a year-on-year increase of 24.8%. (National Energy Administration) 2. Jinko Power Technology Co.Ltd(601778) recently signed a cooperation agreement with the people’s Government of Shuangbai County, Yunnan Province, which plans to cooperate in the planning and construction of 2gw photovoltaic demonstration base project and the new energy power output planning of Shuangbai County in the territory of Shuangbai County. (Sichuan online)
