Lates News

A recent research report from CITIC Securities stated that the National Energy Investment Group has opened bids for the second batch of large-scale procurement of onshore wind turbine units for the year 2025. The average price of the bids, excluding sections 5 and 6, all exceeded 2000 yuan/kW. The winning bid prices for the wind turbines of NEIG have rebounded, establishing a trend of increasing domestic wind turbine prices. With the dual recovery of wind power supply and demand, and the opening up of the "Double Sea" area, wind power is expected to open up a sustained market trend, driving the recovery of sector performance and valuation simultaneously. In the second quarter of 2025, the parts and complete units of wind turbines are experiencing a high degree of prosperity, with a concentrated release of component quantity and price, establishing a trend of profit recovery for wind turbine companies within the year. It is recommended to prioritize wind turbine companies with greater elasticity in price increases and leading overseas layouts, as well as companies with rapidly improving production capacity utilization and deep harvesting of this round of price increases in the industrial chain.