风电概念上扬，华银电力、西昌电力涨停，电气风电等走高

Industry Overview - The wind power sector experienced a significant rise on the 24th, with notable stock increases such as Electric Wind Power up over 13%, Huayin Power and Xichang Power hitting the daily limit, and Guangxi Energy rising over 9% [1] - Domestic offshore wind power projects are gradually starting, with the Guangdong Fanshi 1GW offshore wind project and the Jiangsu Dafeng 1.65GW offshore wind project both commencing construction in Q1 2025 [1] - A new round of offshore wind project competitions is approaching in provinces like Guangdong, Liaoning, and Jiangsu, with deep-sea wind power demonstration projects expected to start [1] Market Forecast - According to GWEC, Europe is predicted to enter a new growth cycle for offshore wind power construction from 2025 to 2030, with an expected cumulative installation of 73GW and an average annual installation of 12GW, significantly higher than the 2.6GW expected in 2024 [1] - CITIC Securities indicates that the domestic and international offshore wind power market is expected to continue improving, leading to increased output in the supply chain [2] - In China, the new offshore wind power capacity is expected to exceed 12GW in 2025, with a year-on-year growth potentially doubling [2] Strategic Focus - The initiation of deep-sea offshore wind projects is anticipated to ensure stable medium to long-term growth [2] - Despite a 30% year-on-year decline in new offshore wind capacity in Europe to 2.6GW, the approved wind power capacity in Europe for 2024 is 19.9GW, reflecting a 46.3% increase year-on-year, providing a solid reserve for future project development [2] - Companies are focusing on a "two seas" strategy, emphasizing both offshore and overseas markets, with particular attention to wind turbines, submarine cables, foundations, and castings [2]