新能源行业周报：分布式储能需求加速，关注钠电方案新品迭代-2025-03-29

Investment Rating - The industry investment rating is "Recommended" (maintained) [1][7]. Core Viewpoints - The report highlights the acceleration of distributed energy storage demand and emphasizes the importance of sodium battery solutions and new product iterations [4][5]. - The photovoltaic sector is expected to see continued growth in April, with a significant increase in component production and a strong demand for distributed and commercial projects [5][6]. - The report indicates that the global industrial and commercial energy storage market is entering a new growth phase, driven by economic viability and increasing backup power needs [5][6]. - The wind power sector is experiencing a surge in component production, with expectations of improved performance in the first quarter of 2025 [6]. - The report notes that multiple ultra-high voltage projects are entering the operational phase, which is expected to positively impact related companies [6]. Summary by Sections Photovoltaic Sector - April component production is projected to continue growing, with a 35% month-on-month increase in March [5]. - The report anticipates that over 70% of distributed installations will come from distributed and commercial projects in the first half of the year [5]. - Key companies to watch include Arctech, Zhongtian Technology, and Longi Green Energy [5]. Energy Storage - The report identifies a significant increase in the demand for industrial and commercial energy storage solutions, supported by favorable policies and technological advancements [5][6]. - The European market for household energy storage is stabilizing, with record installation levels in the UK [5]. - Recommended companies in the energy storage sector include Airo Energy, Goodwe, and Sungrow [5]. Wind Power - The report notes a strong performance in the wind power sector, with a 27.5% increase in offshore wind turbine tenders compared to the first quarter of 2024 [6]. - Companies to focus on include Dongfang Electric, Zhongtian Technology, and Hengtong Optic-Electric [6]. Ultra-High Voltage Projects - Several ultra-high voltage projects are nearing completion, with expectations for operational readiness by May 2025 [6]. - Companies such as Pinggao Electric and XJ Electric are highlighted as key players in this sector [6]. Sodium Battery Solutions - The report discusses the launch of new sodium-ion battery products by Zhongke Hai Sodium, which are designed for commercial vehicles [6]. - The sodium-ion battery technology is expected to see significant advancements, with energy density reaching 165 Wh/kg and rapid charging capabilities [6]. - Companies to monitor include Yuanli Co., Zhenhua New Materials, and Wuzhou New Energy [6].