Zhitong Financial APP learned that on August 12, Wang Dapeng, deputy director of the New and Renewable Energy Department of the State Energy Administration, revealed that the "Wind Control Action in thousands of Townships and villages" is being organized and drawn up to promote its implementation as soon as possible. Industry insiders believe that after photovoltaic projects have been put on record, the installed scale has greatly increased, and the landing of wind power project filing system means that the construction of wind power projects will be accelerated, especially in the decentralized and rural wind power market. Suggested attention: Xinjiang Goldwind Science & Technology (002202.SZ), Yunda shares (300772.SZ), Mingyang Intelligence (601615.SH), Sany heavy Energy (688349.SH), Daijin heavy Industry (002487.SZ).
Wang Dapeng said that the next step is to innovate the wind power investment construction model and land use mechanism, focus on implementing the "wind control action in thousands of townships and villages", vigorously promote the development of rural wind power, and encourage villages to collectively use the stock of collective land to participate in the development of decentralized wind power projects through mechanisms such as pricing and income sharing. To promote the development of decentralized wind power also needs all kinds of support and protection, and the follow-up will actively promote the implementation and landing of planning and policies, so as to provide better policy guarantee for the development of decentralized wind power.
In May this year, the National Development and Reform Commission and the Energy Administration issued the Circular on the implementation Plan for promoting the High-quality Development of New Energy in a New era, proposing that wind power projects should be adjusted from approval system to record-filing system, and actively promote decentralized wind power development in rural and industrial enterprises. This is the first time that a country-level document has formally proposed an adjustment plan for wind power projects. The filing system only needs to be reported to the government for the record before it can go through the follow-up formalities without examination and approval by the government. The approval system requires examination and approval by the government before it can go through the follow-up formalities.
At present, a number of follow-up actions have been made to implement the policy. For example, Sichuan issued the Circular on matters related to further standardizing the Construction and Management of Wind Power, which states that centralized wind power projects are approved by the Provincial Development and Reform Commission, while decentralized wind power projects are approved by the Municipal (State) Development and Reform Commission. We will promote the adjustment of wind power projects from the approval system to the filing system, and the specific implementation time and relevant arrangements will be notified separately.
Just last week, the first local wind power record system policy was officially launched, and Zhangjiakou City issued a "notice on the adjustment of wind power projects from approval system to record system", which proposed to adjust wind power projects from approval system to record system from September 1, 2022.
On June 1, nine ministries and commissions jointly issued the "14th five-year Plan for Renewable Energy", which proposes to promote the construction of bases in an orderly manner, carry out wind control actions in thousands of townships and villages, and vigorously promote rural wind power construction in the county as a unit; actively promote the distributed development of wind power nearby, and promote the development of rural wind power in about 10000 counties and about 100 administrative villages. Focus on the construction of five major offshore wind power bases in Shandong Peninsula, Yangtze River Delta, southern Fujian, eastern Guangdong and Beibu Gulf. We will actively promote the decentralized development of wind power in industrial parks, economic development zones, oil and gas mining areas and surrounding areas.
According to the Wind Energy Association, among the 690000 administrative villages across the country, if 100000 villages can find 200 square meters of land in the fields, front and back of the village to install two 5MW wind turbines, 1 billion kilowatts of wind power can be installed across the country.
The data of "China Wind Power Industry Map 2021" recently released by the Wind Energy Special Committee shows that by the end of 2021, there are a total of 16 wind power manufacturing enterprises. Among them, the total installed capacity of distributed wind power is more than 500000 kilowatts, including Xinjiang Goldwind Science & Technology, Yunda shares, Vision Energy, Mingyang Intelligence, Sany heavy Energy and CRRC Wind Power. The total installed capacity of these six enterprises is 8.908 million kilowatts. It accounts for 89.4% of the cumulative installed capacity of distributed wind power.
Industry insiders believe that after photovoltaic projects have been put on record, the installed scale has greatly increased, and the landing of wind power project filing system means that wind power projects are easier to implement and project construction will be accelerated, especially in the decentralized and rural wind power market.
Zhongtai Securities pointed out that under the policy support, the new installed capacity of wind power will maintain rapid growth in the medium and long term, and the cost is expected to decline in the short term. Shipments of upstream parts enterprises are expected to be quickly released in the second half of the year, and their performance will improve month-on-month. It is suggested to focus on Oriental Cable, New strong Alliance, Daijin heavy Industry, Tianshun Wind Energy, Hengrun shares, Mingyang Intelligence, Xinjiang Goldwind Science & Technology and so on.
Related concept stocks:
Xinjiang Goldwind Science & Technology (002202.SZ), the largest wind turbine manufacturer in China, had a cumulative installed capacity of 3.812 million kilowatts of distributed wind power last year, with a market share of 38.3%.
Yunda shares (300772.SZ): the company's revenue and profit structure is mainly wind turbine business. At the end of last year, the cumulative installed capacity of distributed wind power was 1.573 million kilowatts, with a market share of 15.8%.
Mingyang Intelligence (601615.SH): a large wind turbine manufacturer, covering large wind turbines and their core components, wind farms and photovoltaic power stations. The cumulative installed capacity is 805000 kilowatts, with a market share of 8.1%.
Sany heavy Energy (688349.SH): China's leading wind turbine manufacturer has achieved full power coverage of onshore turbines with a cumulative installed capacity of 556000 kilowatts.
Daijin heavy Industry (002487.SZ): the company's main business is wind power equipment manufacturing. The company's main products are conventional land towers, large diameter segmented land towers, low wind speed flexible towers, sea towers, single piles, group piles, pipe racks, offshore booster stations and other wind power equipment and related parts.