Wind power stocks rose collectively. As of press release, Longyuan Power (00916) rose 3.61% to HK$6.88; Xintian Green Energy (00956) rose 3.29% to HK$3.77; and Datang New Energy (01798) rose 1.66% to HK$1.84.
The Zhitong Finance App learned that wind power stocks rose collectively. As of press release, Longyuan Power (00916) rose 3.61% to HK$6.88; Xintian Green Energy (00956) rose 3.29% to HK$3.77; and Datang New Energy (01798) rose 1.66% to HK$1.84.
According to the news, Qinghai Province recently issued a development and construction plan for key projects in the power industry, and Guangxi issued a list of medium- and long-term development planning projects for onshore wind power. Previously, the 2024 Haifeng key project list was announced in many places. Great Wall Securities believes that the pace of onshore wind power construction is progressing steadily. The major coastal wind power provinces have begun early tenders and construction of previously approved projects one after another. Various signs indicate that the influencing factors limiting the development of sea winds in the early stages are gradually weakening, and China's wind power installations are expected to expand.
China Post Securities pointed out that in 2024, land wind is expected to be connected to the grid at 80 GW, maintaining steady growth. Following the liberalization of the red line and the construction of UHV transmission lines, the installed capacity is expected to increase further; since 2023, policies to replace large and small wind power to the countryside will be implemented one after another. It is expected that the subsequent renovation market will reach 10 GW/year demand. The rational calculation space for wind power to the countryside is about 500 GW. If it progresses smoothly, it is expected to achieve 20 GW/year installed capacity in the next few years, which is an important growth point for domestic onshore wind installations.