Investment Company Overview - The Bank of Lithuania approved the Company's Unsecured Fixed Rate Note Programme with a nominal value of up to EUR 50,000,000 [2] Solar Projects - The Company completed the divestment of its 2.6 MW solar project in Lithuania in September 2025 as part of its ongoing divestment process [3] - The construction of a 67.8 MW solar portfolio in Poland is nearing completion, with 49.8 MW operational and two additional projects of approximately 1.9 MW successfully connected to the grid in Q3 2025. The full portfolio is expected to be operational by March 2026 [4] - The second solar portfolio in Poland, with a total capacity of 114.0 MW, is structured in two phases. Phase I (66.6 MW) is nearing completion, with 26.47 MW energized in Q4 2024 and an additional 20 MW connected in Q2 2025. The remaining 20.2 MW is expected to be energized in the next quarter. Phase II (47.4 MW) commenced construction in October 2024 and is on track for completion by the end of 2025 [5] Wind Projects - A 112 MW wind farm project in Latvia is under construction, with all contracts finalized and long-term debt financing secured in Q4 2025. Project energization is expected in Q1 2027 [7] - The 185.5 MW wind portfolio in which the Company holds a 25% stake is operating without major disruptions, although arbitration proceedings are ongoing regarding the acquisition price calculation [8] Hybrid Projects - The Company is advancing its hybrid projects, including UAB "Pakruojo vėjas" (45 MW wind) and UAB "Ekoelektra" (70 MW solar and 100 MW wind), through final procurement stages [9] - UAB "JTPG" (70 MW solar) in Lithuania is progressing through environmental permitting to increase capacity with an additional 69 MW wind. The solar component has also made progress, with land plots secured and agreements signed [10][11]

Industry Overview - The global wind power market is projected to show significant growth, with a 4.4% increase in global power generation and a 9.6% rise in renewable energy generation, reaching 9,868 terawatt hours, which accounts for 31.6% of total power generation [4][5] - Global wind power generation increased by 8% to 2,511 terawatt hours, representing 8% of global power generation, with China leading at 997 terawatt hours, which is 40% of total wind power generation [5] Company Performance - The earnings call for Goldwind Science and Technology Company highlights the management's focus on industry performance and financial results, with key executives present to discuss these aspects [2][3]

板块题材方面，钢铁、小金属、猪肉、可控核聚变、福建、存储芯片板块涨幅居前；风电设备、游戏、深圳、国资云板块 跌幅居前。盘面上，存储芯片板块延续强势，盈新发展6连板，时空科技4连板，大为股份2连板，江波龙、普冉股份等股盘中 再创新高。CPO等算力硬件股表现活跃，新易盛、生益科技、汇绿生态盘中再创新高，东山精密、环旭电子等多股上扬。钢铁 板块盘中持续走高，新兴铸管、常宝股份双双涨停。此外，煤炭、小金属、福建本地股均有所异动。另一方面，风电设备板块 多数调整，海力风电、威力传动、盘古智能等股下挫。游戏板块同样表现落后，游族网络、巨人网络、恺英网络跌幅居前。 A股三大指数早盘集体上涨，截至午盘，上证指数涨1.04%，深成指涨1.26%，创业板指涨1.54%，北证50涨0.05%。沪深京 三市半日成交额15760亿元，较上日放量3367亿元。全市场超3700只个股上涨。 ...

Core Viewpoint - China has significantly reduced global renewable energy costs through technological advancements and manufacturing capabilities, establishing itself as a leader in the green energy transition [4][5]. Group 1: Cost Reduction and Global Impact - Over the past decade, China has decreased the average cost of global wind power projects by 60% and solar photovoltaic projects by 80% [5]. - Wind and solar products produced in China have contributed to a reduction of approximately 2.65 billion metric tons of carbon dioxide emissions globally in the past year [6][7]. - China's expansion in renewable energy capacity has made clean energy more affordable worldwide, according to the International Renewable Energy Agency [7]. Group 2: Renewable Energy Capacity and Leadership - China's combined installed capacity for wind and solar power accounts for nearly half of the global total, with new installations representing 60% of worldwide additions [8][9]. - The share of renewable energy in China's total power generation capacity has reached approximately 60% [9]. - China has built the world's largest and fastest-growing renewable energy system, positioning itself as a leader in energy technology innovation [9]. Group 3: R&D and International Cooperation - China's comprehensive R&D and manufacturing system for wind and solar energy provides high-quality products and solutions for both domestic and international markets [10]. - The country is enhancing global green and low-carbon development through extensive international energy cooperation and participation in global energy governance [11]. - Future initiatives will focus on institutional reforms and innovative business models, such as advanced energy storage and virtual power plants [11][12].

Core Insights - The company is accelerating its data center project development business, indicating a strategic focus on expanding this segment [1]. Group 1: Leadership and Team Expansion - Peter Nygren has been appointed to lead the Swedish data center business development, bringing experience from Arise Windpower and Helios [2]. - The company has partnered with Blix Group to acquire Storespeed, enhancing its capabilities in the Norwegian data center market [2]. - The team, including Peter Nygren and Storespeed's founder John Amundsen, possesses extensive experience in infrastructure development and data center operations [2]. Group 2: Market Engagement and Opportunities - The company has received interest from numerous developers and landowners regarding its data center business, with multiple bids currently under negotiation [3]. - There is ongoing dialogue about investments in various platforms, including the new data center business [3]. - The company is preparing for accelerated development and sales in Italy and has seen a rise in prospects for near-term grid applications in Germany [3]. Group 3: Project Developments - Improvements in the supply chain for the ScotWind project are noted, with potential factory establishment by Mingyang near the site in Scotland [3]. - The company is also preparing for the next CfD round related to the AR7 project [3].

Germany has rejected TotalEnergies’s request to improve the financial terms on its costly offshore wind projects, according to people familiar with the matter, a decision that could weigh on the French oil company’s profits https://t.co/t8OyS60MON ...

China's offshore-wind manufacturers are positioning themselves for global growth as peers in the West struggle, writes @SStapczynki https://t.co/0dP87WH05c ...

Core Viewpoint - The wind turbine industry has experienced a continuous decline in prices over the past few years, reaching a low point last year, but prices have started to recover this year, indicating a potential improvement in profitability for the industry in the coming year [1] Industry Summary - The wind turbine industry's price decline has been significant, but the lowest point was reached last year, and there is an expectation for price recovery this year [1] - The profitability of the industry is projected to improve significantly next year, although company performance may vary [1] - Efforts from associations and industry players, along with a deeper understanding from owners regarding the industry, have contributed to the belief that the worst phase for wind power pricing and profitability is over [1]

Ming Yang announced plans to build the world’s largest floating wind turbine, as Chinese firms seek a larger share of the global market while rivals grapple with rising costs https://t.co/CireMp6Dgb ...

Core Viewpoint - The 2025 Beijing International Wind Energy Conference aims to promote global energy transition and sustainable development, emphasizing the importance of high-quality and balanced development in the wind power industry [1] Group 1: Development Goals - The "Wind Energy Beijing Declaration 2.0" sets reasonable development targets for China's wind power under the guidance of national contributions, aiming for an annual new installed capacity of no less than 120 million kilowatts during the 14th Five-Year Plan, with offshore wind power contributing at least 15 million kilowatts annually [1] - By 2030, China's cumulative installed wind power capacity is expected to reach 1.3 billion kilowatts, with a target of at least 2 billion kilowatts by 2035 and 5 billion kilowatts by 2060, supporting the energy sector's goal of achieving carbon neutrality [1] Group 2: Global Commitment - The new round of national contributions demonstrates China's firm commitment to global climate governance, presenting significant opportunities for the wind power industry and a noble mission bestowed by the times [1] - The global wind energy community is encouraged to unite in efforts towards achieving green and sustainable development [1]