电力设备行业周报：10月电动车销量高增，硅料挺价意愿强烈

Investment Rating - Industry Rating: Overweight [2] Core Insights - The photovoltaic sector shows strong price support intentions for silicon materials, with production changes from leading companies being the largest factor affecting prices [2] - The wind power sector is set to launch a million-kilowatt deep-sea offshore wind power demonstration project in Shanghai, with domestic wind power installations reaching 39.12GW from January to September 2024, a year-on-year increase of 17% [2][20] - The energy storage sector has seen significant growth in large-scale installations, with new operational capacity of 27GW/61GWh in the first three quarters of 2024 [23] - The electric vehicle market experienced a notable increase in sales in October, suggesting continued investment in high-profit companies [32] Summary by Sections Photovoltaic - Strong price support for silicon materials, with production changes from leading companies being the main price influence [2] - The sector is expected to stabilize in Q4 after a period of cash loss, with a focus on production adjustments to support pricing [10][12] - Investment recommendations include companies that can withstand market cycles, such as Longi Green Energy and Tongwei [18] Wind Power - The sector is experiencing a positive sentiment with the initiation of significant offshore wind projects and an expected increase in installations [19][20] - Investment suggestions include undervalued companies and those benefiting from offshore wind projects [20] Energy Storage - The sector is in a rapid growth phase, with significant increases in new installations and a focus on the PCS segment [23][26] - The establishment of market mechanisms for energy storage is expected to enhance project profitability [25] Electric Vehicles - October saw impressive electric vehicle sales, with recommendations to continue investing in high-profit companies despite new tariffs imposed by the EU [32] - The sector is adapting to regulatory changes while maintaining growth potential [32] Human-shaped Robots - The human-shaped robot industry is accelerating towards commercialization, with new standards being established to guide development [28] - Investment opportunities are emerging in companies positioned to enter the tier 1 supply chain for human-shaped robots [28]