Edge Equipment Manufacturers Has Become A Trend Of Its Investment Choice

In our view, including clean energy, including wind power strong support in policy, the future has a huge space for development, but in the whole industry chain will be rapid growth in the context of equipment that listed companies will first obtain a good market opportunities.

Wind power will continue to maintain a rapid growth

Wind power is a renewable clean energy, development and utilization of potential energy can be enormous. According to CEC data show that, as at the end of 2009 China’s wind power capacity has reached 16.13 million kilowatts, up 92.26 percent year on year growth; and in 2008 the installed capacity in 2007 compared with growth of 111.48 percent in 2006, an increase of 76.7%.

According to research forecasts, China’s wind power capacity in 2020 will reach 150GW, which means that the next 11 years, China’s wind power installed capacity will increase by an average 12.17GW, an average annual compound growth rate of more than 20%.

The rapid increase in installed capacity, not only indicates that China’s power generation capacity and power consumption have become increasingly large proportion will come from clean energy, but also mean that the entire wind power industry chain will be rapid development, from device manufacturers to the wind farm operator, to the electric grid will be sent to the user in all aspects. However, the secondary market, the existing opportunities are mainly in wind power equipment manufacturing sectors, namely, wind power device class listed companies. Because, although the recent rapid growth of wind power, but with thermal power, hydro power generation remains negligible in comparison. The future, as large wind power generating capacity and network growth and technical problems to be resolved, wind power generation cost will be significantly decreased, the operator of a positive impact on business performance will also be gradually revealed.

Leading the company a larger space for development

In the wind power equipment manufacturers, but also can be divided into machine manufacturing, parts manufacturing, system control and several other areas. Overall, in recent years, China’s wind power equipment manufacturing has made great progress, mainly in: a rapid increase in the number of firms, such as the machine works at present there are only 80 or so, while in 2004 only 4; equipment at home rapid increase in the rate, such as the 600kw and 750kw units more than 90% localization rate, while the 1.5MW units of the localization rate also exceeded 85%, while more high-power unit also made great progress. In addition, the domestic business equipment has also been rapid increase in market share, such as machine market share of domestic enterprises from 2006 to less than 50% to 68% more than in 2008.

With the next 10 years look at the rapid development of wind power, wind power equipment manufacturing industry as a whole is still a very good development opportunities. But at present the industry, there are some problems, mainly reflected in: The key equipment is still dependent on imports, such as the unit main bearings, fan control system and there is still a wide gap between foreign countries, especially the main bearing reliability, service life and so difficult to In the short period of time to catch up, while others, such as blades, gear, electrical, etc. Although there are some gaps, but relatively good. In addition, wind power equipment manufacturing capacity with the current as compared to a certain degree of excess demand, and as new companies enter the industry will further intensify competition and may even appear industry to re-shuffle and integration.

From the listed companies in terms of wind power equipment manufacturing involves relatively many, but the potential for future development and competitive point of view, leading enterprises and technology, and market advantages are obvious business will gain a greater market space, such as the Goldwind , Hunan Electric shares, Dongfang Electric, Shanghai Electric, the country may be concerned about such as NARI.