On 23 September, the National Energy Administration (NEA) released statistics on the nation's power industry from January to August. By the end of August, the country's cumulative installed power generation capacity was about 3.13 billion kilowatts, up 14 per cent year-on-year. Among them, the installed capacity of wind power was about 470 million kilowatts, up 19.9 per cent year-on-year.
According to the data released in August by consultancy Wood Mackenzie, the price competition among wind turbine manufacturers levelled off in the first half of this year, with unit prices flat with the end of 2023. From the order situation, Vision Energy in the domestic market harvested a total of 11.7GW of wind turbine orders, topped the list; Yunda shares followed, and with 11.4GW of wind turbine orders, ranked first in the amount of new orders for land-based wind power; Goldwind Science and Technology for the first time to lead the market for offshore wind power, in the first half of the year, a total of 2.3GW offshore wind turbine orders signed.
In this regard, Goldwind said that in the first half of this year, the domestic wind turbine market bidding amounted to 66.11GW, an increase of 47.88%. Among them, the onshore wind turbine bidding volume of 60.74GW, offshore wind turbine bidding volume of 5.37GW. In addition, with the technological advances and the development of large-scale wind power, 6MW and above models are becoming the mainstream of the bidding market.
Sullivan Greater China Partner and Managing Director Jia Pang said in an interview with Securities Daily that the vast majority of domestic wind power projects are supplied by domestic wind turbine enterprises. The successful and stable operation of a large number of wind power projects not only proves the product quality and technical strength of domestic wind power machine enterprises, but also provides valuable operational data and experience for enterprises to continuously optimise their products and technologies.
Yunda shares recently said in the acceptance of investor research, previously, the company has been in Southeast Asia, Eastern Europe, Central Asia, South America and other regions to obtain orders, this year, the company and the Middle East to achieve market breakthroughs, has been part of the wind power project orders. At the same time, the company has initiated cooperation with large foreign energy groups, the future will accelerate the global strategic layout, increase the development of overseas customers, enhance the scale of overseas orders, to create the company's future earnings growth point.
Goldwind Science and Technology said that at present, the company has been in the Middle East, North Africa, Central Asia, South Africa, South America, Europe and other regions to achieve the project signing.
Jia Pang believes that the domestic wind power manufacturing industry chain has been more perfect, spindle, castings, blades, towers and other parts of the localisation rate has been very high, gearboxes, cables, bearings and other parts of the localisation of the replacement is also accelerating, 'Therefore, in the supply chain stability, manufacturing costs, etc., the domestic wind turbine enterprises in the expansion of the overseas market compared to some of the overseas enterprises have more advantages. '
