The opinions promote the transformation of energy consumption structure, and the development of local Cecep Solar Energy Co.Ltd(000591) manufacturing industry in EU has limited impact on China’s photovoltaic product export. On March 29, the National Energy Administration issued the guiding opinions on energy work in 2022, which made it clear that the main objectives of energy work in 2022 are (1) to enhance supply guarantee capacity and accelerate the planning and construction of transmission channels. (2) Steadily promote structural transformation. (3) Focus on improving quality and efficiency. The opinions have promoted the structural transformation of energy consumption, the prospect of new energy power generation is clear, and the photovoltaic industry will maintain rapid development. The European Commission said it would rebuild Europe’s Cecep Solar Energy Co.Ltd(000591) manufacturing industry at all costs. In the short and medium term, the EU and other countries need the supporting capacity layout of the whole industrial chain to develop the photovoltaic manufacturing industry, and the overseas capacity launch cycle is long, which will not have an impact on China’s photovoltaic export. In the long run, China’s export of PV modules may still be affected by higher tariffs, but the profitability of overseas PV modules may not be affected in the long run. Recommended Tianjin Zhonghuan Semiconductor Co.Ltd(002129) ( Tianjin Zhonghuan Semiconductor Co.Ltd(002129) . SZ), Suzhou Maxwell Technologies Co.Ltd(300751) ( Suzhou Maxwell Technologies Co.Ltd(300751) . SZ), Longi Green Energy Technology Co.Ltd(601012) ( Longi Green Energy Technology Co.Ltd(601012) . SH), Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) ( Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) . SH).
The sales volume of new energy vehicles overseas has increased significantly year-on-year. China follows the times and vigorously promotes transportation power. From January to February 2022, the total sales volume of overseas new energy vehicles was 470700, with a year-on-year increase of + 70.22%, of which the sales volume of BEV was 302300, with a year-on-year increase of + 87.25%. The sales volume of PHEV was 168400, with a year-on-year increase of + 46.34%. From January to February 2022, the total sales volume of new energy vehicles in Asia (excluding China) was 26605, a year-on-year increase of + 105.48%; The total sales volume of new energy vehicles in Europe was 298700, a year-on-year increase of + 63.88%; From January to February 2022, the total sales volume of new energy vehicles in North America was 143204, a year-on-year increase of + 78.07%. Compared with the same period last year, the sales of new energy in overseas areas have increased significantly. This week, the Ministry of transport and the Ministry of science and Technology issued the medium and long-term plan for scientific and technological innovation in the field of transportation, which defined the guiding ideology, basic principles, development objectives and main tasks of China’s scientific and technological innovation in transportation in the next 15 years, and vigorously promoted the construction of a powerful transportation country. Recommended Contemporary Amperex Technology Co.Limited(300750) ( Contemporary Amperex Technology Co.Limited(300750) . SZ), Shenzhen Kedali Industry Co.Ltd(002850) ( Shenzhen Kedali Industry Co.Ltd(002850) . SZ), Ningbo Ronbay New Energy Technology Co.Ltd(688005) ( Ningbo Ronbay New Energy Technology Co.Ltd(688005) . SH), Hunan Zhongke Electric Co.Ltd(300035) ( Hunan Zhongke Electric Co.Ltd(300035) . SZ), Anhui Estone Materials Technology Co.Ltd(688733) ( Anhui Estone Materials Technology Co.Ltd(688733) . SH), Guangdong Jiayuan Technology Co.Ltd(688388) ( Guangdong Jiayuan Technology Co.Ltd(688388) . SH).
Shandong Province defines the subsidy for offshore wind power and is optimistic about the future development of offshore wind power. On April 1, Shandong Province made it clear that for the “14th five year plan” offshore wind power projects completed and connected to the grid in 20222024, the provincial finance will give subsidies according to the standard of 800 / 500 / 300 yuan per kilowatt, and the subsidy scale will not exceed 200 / 340 / 1.6 million kilowatts respectively. Offshore wind power projects that are completed and connected to the grid before the end of 2023 are exempted from the construction or leasing of energy storage facilities. Shandong is the second province to clearly put forward the provincial subsidy scheme after Guangdong Province issued the provincial subsidy policy for sea breeze. Under the trend of large-scale wind turbines, the economy of offshore wind projects is expected to continue to improve, and the superposition of provincial subsidy policies is actively promoted. It is expected that the new installed capacity of offshore wind power in China is expected to usher in rapid growth in 23-25 years. Recommended Ningbo Orient Wires & Cables Co.Ltd(603606) ( Ningbo Orient Wires & Cables Co.Ltd(603606) . SH), Jiangsu Zhongtian Technology Co.Ltd(600522) ( Jiangsu Zhongtian Technology Co.Ltd(600522) . SH), Titan Wind Energy (Suzhou) Co.Ltd(002531) ( Titan Wind Energy (Suzhou) Co.Ltd(002531) . SZ).
Risk tips: policy risk, increased market competition risk, supply chain shortage risk, etc
