国内国际市场两手抓电力装备行业提质增效正当时

Core Insights - The "Work Plan for Stable Growth in the Power Equipment Industry (2025-2026)" aims to promote green and low-carbon energy structure transformation and establish a new power system, targeting an average revenue growth rate of about 7% for national advanced manufacturing clusters in the power equipment sector and 10% for leading enterprises [1][5]. Group 1: New Power System Requirements - The new power system imposes higher demands on the performance, reliability, and intelligence of power equipment, necessitating upgrades and new demands across all segments of generation, transmission, transformation, distribution, and consumption [1][2]. - The construction of the new power system is seen as a key pathway for achieving China's "dual carbon" goals, representing a profound energy revolution and industrial transformation, creating unprecedented opportunities for the power industry [2][4]. Group 2: Technological Innovations and Product Development - New technologies, products, and applications are being introduced to support the construction of the new power system, such as the SI-242 wind turbine series capable of operating under a wide range of wind speeds [3]. - Companies like JA Solar are focusing on technological innovation, with their TOPCon components achieving a conversion efficiency of 25.5% and power output exceeding 700W, while also exploring new battery technologies [3][4]. Group 3: Major Engineering Projects - The "Work Plan" emphasizes leveraging major engineering projects to stabilize demand for power equipment, including large onshore wind and solar bases, new coal power renovations, and significant hydropower and nuclear projects [5][6]. - Companies are targeting major projects such as the transformation of old wind farms and the construction of offshore wind energy bases, which are expected to provide new growth points for the wind power industry [5][6]. Group 4: International Market Expansion - The "Work Plan" includes initiatives to actively explore international markets, leveraging China's leading technologies and experiences in ultra-high voltage, renewable energy, and grid construction [7][9]. - Companies like JA Solar are investing in overseas production capacities, such as a 6GW solar cell and 3GW solar module project in Oman, to better meet local demand and enhance market competitiveness [8][9]. Group 5: Future Trends in Power System Construction - The future of domestic power system construction is expected to focus on large-scale renewable energy bases, cross-regional ultra-high voltage transmission, and the upgrading of distribution networks, with an emphasis on flexibility and system integration [6][10]. - Traditional coal power will continue to play a crucial role in providing safety and flexibility, with a focus on modernization and operational efficiency [6][10].