Zheng Quan Ri Bao Wang·2025-12-03 13:28Core Viewpoint - The 22nd World Wind Energy Conference and the 3rd Shantou International Wind Power Technology Innovation Conference highlight the shift in China's wind power industry from "single-point breakthroughs" to "ecological collaboration" in global expansion [1][2]. Group 1: Industry Overview - China's wind power industry has developed a complete competitive advantage across the entire supply chain, providing 70% of global wind power equipment and reducing global wind power costs by over 60% [2]. - The global wind power market is expected to see significant growth, with new installations projected to reach 117 GW in 2024, marking an 11% year-on-year increase [2]. - The global wind power market is entering a critical phase of "quality over quantity," with increasing demand for offshore and high-altitude wind power applications [3]. Group 2: Company Developments - A-share wind power companies are actively pursuing overseas expansion, with companies like Yunda Energy achieving significant success in securing projects in the Middle East and North Africa [4]. - Major component manufacturers are collaborating with turbine manufacturers to enhance their competitive edge in international markets [4]. - Daikin Heavy Industries has signed a contract for a European offshore wind farm project worth approximately 1.339 billion RMB, with delivery expected in 2027 [5]. Group 3: Challenges in International Expansion - Chinese wind power companies face challenges in local integration, including adapting to local investment regulations, foreign exchange controls, and environmental standards [6]. - Companies must also navigate geopolitical risks, currency fluctuations, and the need for product customization based on varying climate conditions and grid characteristics [6].