电力设备行业周报：光伏大会顺利举行，行业复苏未来可期

Investment Rating - The report maintains a "Positive" outlook for the electric power equipment and new energy industry in China [3] Core Insights - The signing of the photovoltaic self-discipline convention is expected to stabilize market prices and promote sustainable development in the photovoltaic industry. The forecast for installed capacity in 2024 has been adjusted upwards to 430-470 GW globally and 230-260 GW domestically [21][22] - The offshore wind power industry is progressing steadily, with significant advancements in the Shantou "four-in-one" industrial park, which integrates the entire supply chain for wind power [42] - Prices for energy storage systems and EPC projects have stabilized after hitting a low, with a notable increase in bidding demand from state-owned enterprises [43][45] - The National Energy Administration has issued guidelines to encourage equal participation in the electricity market by new business entities, which is expected to drive steady growth in the industry [27][50] Summary by Sections Photovoltaic - The photovoltaic self-discipline convention was signed, leading to an upward adjustment in market installation forecasts. The global new installed capacity is projected to be between 430-470 GW, with domestic expectations of 230-260 GW [21] - The price trend for photovoltaic components has stabilized, with a decrease in production expected in December due to inventory control and reduced purchasing sentiment [22] - The report suggests focusing on high-efficiency battery segments and leading companies in the photovoltaic supply chain, including Aiko Solar, Longi Green Energy, and JinkoSolar [2][16] Wind Power - The offshore wind power sector is advancing, with the Shantou "four-in-one" industrial park nearing completion, which will house a full supply chain for wind power manufacturing [42] - The report recommends monitoring companies in the wind power industry as the market shows signs of recovery [2][20] Energy Storage - Energy storage system prices have stabilized, with a significant increase in bidding activity for storage projects, indicating a robust demand in the market [43][45] - The report highlights the potential for growth in energy storage as state-owned enterprises ramp up procurement efforts for future projects [45] Electric Power Equipment - The National Energy Administration's guidelines are expected to enhance market participation and drive growth in the electric power equipment sector [27][50] - The report indicates that domestic market growth is stable, with opportunities for overseas exports opening up [2][20]