旺季来临政策助力风电行业景气度有望持续攀升

Core Insights - The "Wind Energy Beijing Declaration 2.0" sets a clear target for China's wind power industry, aiming for an annual new installed capacity of no less than 120 million kilowatts during the 14th Five-Year Plan period [1] - The wind power sector is experiencing accelerated growth due to domestic and international market drivers, with a significant increase in project initiations during the third quarter [2][3] Wind Power Development Goals - The declaration outlines that during the 14th Five-Year Plan, China aims for an annual new installed capacity of at least 120 million kilowatts, including 15 million kilowatts from offshore wind power [1] - By 2030, the cumulative installed capacity of wind power in China is expected to reach 1.3 billion kilowatts, with projections of 2 billion kilowatts by 2035 and 5 billion kilowatts by 2060 [1] Market Dynamics - The domestic wind power market is benefiting from a bidding season for offshore wind projects, leading to improved profitability across the industry [2] - The overseas market is also showing growth potential, with significant new orders and expected increases in delivery volumes, particularly as financing conditions improve [3] Policy and Innovation Collaboration - The declaration emphasizes the need for a collaborative innovation system involving government, industry, academia, research, and finance to enhance the wind power sector [4] - It advocates for the development of supportive policies for green hydrogen, direct green electricity connections, and zero-carbon parks to accelerate technological maturity and market growth [4]