风电行业周报（20250331-20250404）：周内广东阳江三山岛柔直工程海缆开标，阳江青洲七开工建设-2025-04-07

Investment Rating - The report maintains a "Recommended" investment rating for the wind power industry, indicating an expectation of growth exceeding the benchmark index by more than 5% in the next 3-6 months [7][45]. Core Insights - The report highlights significant developments in the wind power sector, including the commencement of the Yangjiang Qingzhou Seven project (1000MW) and the opening of bids for the Yangjiang Sanshan Island flexible direct current project [2][28]. - The report emphasizes three main investment themes: high domestic offshore wind project reserves, robust land wind bidding in 2024, and regional growth in overseas installations [29][31]. Summary by Sections 1. Wind Turbine Data - During the week, 1.1GW of land wind projects were bid, with a total of 22.5GW of wind turbines bid in 2025, comprising 2.6GW offshore and 20GW onshore [10][13]. 2. Submarine Cable Data - The Yangjiang Sanshan Island flexible direct current project saw bids from Zhongtian and Dongcable, with a total bid amount of 9.1 billion and 9 billion yuan for two packages [22][16]. 3. Offshore Wind Progress - As of April 4, 2025, the total offshore wind projects in various stages (competitive allocation, approval, turbine bidding, cable bidding, and construction) reached 68GW, with Guangdong leading at 30GW [28][30]. 4. Investment Recommendations - The report suggests focusing on companies such as Mingyang Smart Energy, Oriental Cable, Zhongtian Technology, and others, as they are well-positioned to benefit from the anticipated growth in the offshore wind sector [31][29].