新能源电力行业周报：风光新增装机继续上升，硅片试探性涨价

Investment Rating - The report maintains a positive outlook on the renewable energy sector, particularly in solar and wind energy, indicating a high level of market activity and growth potential [7][11]. Core Insights - The solar panel sector is experiencing price stabilization with slight increases in certain silicon wafer models, while the overall market remains cautious due to inventory levels [8][17]. - The wind energy sector shows a continuous increase in installed capacity, with significant projects underway, particularly in offshore wind [10][19]. - The report highlights specific companies to watch, such as Daqin Heavy Industry and Dongfang Cable, which are positioned to benefit from the growth in offshore wind projects [21][9]. Summary by Sections Solar Sector - Silicon material prices are stable, with 19 domestic polysilicon producers currently operational and 15 undergoing maintenance. The market is expected to maintain stability in the short term due to limited inventory absorption [8][17]. - Silicon wafer production in June was 51.31 GW, a decrease of 13.98% month-over-month, with expectations of production between 50-52 GW in July [8][17]. - Battery cell production is projected to decrease slightly in July, with a total of 52 GW produced in June [8][17]. - The module market is experiencing price declines due to aggressive pricing strategies from smaller manufacturers, leading to a chaotic pricing environment [8][17]. Wind Sector - The newly installed wind power capacity in China reached 19.76 GW from January to May 2024, a year-on-year increase of 20.50% [11][20]. - The average bidding price for onshore wind turbines is approximately 1875.8 CNY/kW, while offshore wind projects are seeing bids around 2722.18 CNY/kW [10][19]. - The report anticipates that the total installed capacity for wind energy in 2024 could reach 87.40 GW, reflecting a year-on-year increase of about 15.15% [11][20]. - Key components such as towers and cables are expected to benefit from the ongoing construction of offshore wind projects [20][21]. Company Recommendations - Daqin Heavy Industry is highlighted as a leader in offshore equipment, with a strong order backlog and successful project deliveries in Europe [21]. - Dongfang Cable is noted for its advanced technology in submarine cables and has secured multiple contracts for domestic offshore wind projects, positioning it for significant growth [21][9]. - DiKe Co., a leader in TOPCon materials, reported a 135.38% year-on-year increase in revenue for Q1 2024, indicating strong market performance [9][18].