电力设备及新能源行业周报：产业周跟踪，能源法立法通过，硫化物固态电池产业化提速

Investment Rating - The report maintains an "Outperform" rating for the electric power equipment and new energy industry [1]. Core Insights - The report highlights the acceleration of solid-state battery industrialization by CATL and the recent enactment of the Energy Law, which is expected to boost the photovoltaic sector [1][14]. - The report emphasizes the potential for a rebound in battery demand due to the stabilization of downstream component prices and increased order volumes in the photovoltaic market [14]. - The offshore wind sector is expected to see high demand, with significant projects underway, including a 500MW offshore wind project in Hebei [21][22]. - The energy storage sector may experience a short-term surge in installations due to political changes in the U.S., while long-term growth may slow down [26][27]. - The hydrogen energy sector is poised for growth following the Energy Law's provisions supporting hydrogen development and the upcoming IPO of Guofu Hydrogen Energy [45][47]. Summary by Sections 1. New Energy Vehicles and Lithium Battery Sector - The Guangzhou Auto Show is approaching, with major new models set to launch, including the XPeng P7+ which saw over 30,000 pre-orders within hours of its launch [7][8]. - CATL is increasing its investment in solid-state battery research, aiming for a significant improvement in energy density [8][9]. 2. Photovoltaic Sector - The Energy Law, effective January 1, 2025, aims to promote green and low-carbon energy development, benefiting the photovoltaic industry [14][15]. - The photovoltaic battery market is experiencing a rebound, with expectations of price recovery due to improved order volumes [16]. 3. Wind Power Sector - The offshore wind sector is witnessing significant project developments, including a 500MW project in Hebei and a major contract signed by Huadian for a wind power project in Guangdong [21][22][23]. - The report suggests focusing on companies involved in the supply chain for offshore wind projects [24]. 4. Energy Storage Sector - The potential election of Trump may lead to a short-term rush in energy storage installations, while long-term growth may face challenges [26][27]. - The Ministry of Industry and Information Technology has outlined plans to cultivate several large-scale energy storage enterprises by 2027 [28][31]. 5. Electric Power Equipment and Industrial Control Sector - Three ultra-high voltage projects have commenced in the first three quarters of 2024, indicating steady progress in this area [33][34]. - The report notes a significant peak-to-valley electricity price difference in 21 regions, which may impact energy consumption patterns [35]. 6. Hydrogen Energy Sector - The Energy Law emphasizes the development of hydrogen energy, with supportive policies being implemented in various provinces [45][46]. - Guofu Hydrogen Energy is set to go public, with significant projects in the pipeline for hydrogen production [47][50].