Wind power equipment pays “wild growth” costs

Recently, Dongfang Electric Group and Gansu Dingsheng Company started construction of 300 sets of wind power equipment production lines and 50 MW photovoltaic modules.

The wind power industry has always been regarded as a new area with huge development potential. Wind power companies and wind power equipment manufacturing companies have already launched in many places. Wind power resources are rich in wind power companies, while wind power companies are distributed wind power equipment companies.

Nowadays, domestic wind power equipment manufacturers are paying the price for their “flocking”. Since the second half of last year, the pace of development of domestic wind power equipment manufacturing companies has gradually slowed down. Some analysts said that the overcapacity rate of the domestic wind power industry is above 50%.

On the 10th, the Economic Herald reporter told an interview at Huarui Shandong Dongying Wind Power Industry Base (hereinafter referred to as “Shandong Huarui”) that actively deploying offshore wind power and entering overseas markets became an important strategy for wind power equipment manufacturers.

Exploration camp production base on the 10th, Shandong Huarui's factory area, busy and quiet, several wind turbines have been assembled to wait for static experiments. “Wind power equipment is frequently used for hundreds of tons. To reduce transportation costs, wind power equipment manufacturing companies often set up branches or production bases in areas where there are wind power and wind power companies.” Huarui Wind Power (601558, stock bar) Technology (Shandong) Co., Ltd. The staff introduced the reporter to the reporter.

“The Huarui products used in all the wind farms of Dongying wind farms have more orders this year than last year, and the Shandong market is not bad.” The above-mentioned staff said.

However, the Herald reporter noted in the interview that even if several major wind power companies in Shandong were supplied, the production capacity of the production base was not completely released.

In fact, from 2010, overcapacity has become a problem that wind power equipment companies have to face.

The Reporter’s statistics of the major domestic wind power listed companies’ 2011 annual report found that due to the influence of upstream and downstream co-extrusion and intensified market competition, the performance of related companies in the wind power industry chain began to pull back. The industry leaders Huarui, Goldwind and other companies 2011 net Profits have shrunk by more than 70%.

The staff of Shandong Laiwu Jinlei Wind Power Technology Co., Ltd. said in an interview with a reporter that the overcapacity is plaguing wind power equipment companies. Large companies have capital and technological advantages and are affected little, but SMEs are faced with life and death. The problem.

Confidence remains "At present, the overcapacity rate of the domestic wind power industry is estimated to be over 50%." Li Ling, an analyst at ChinaVenture, a financial information and information service provider, told reporters in an interview that in the past few years, the wind power industry was supported by national policies and high profits. Driven by a round of "madness," wind power installed capacity doubled for five consecutive years, and China once surpassed the United States to become the world's largest wind power installation country. Firms try to occupy the market through “barbaric growth” competition and eventually lead to excess production capacity.

While facing the problem of overcapacity, the industry is still full of confidence in the future of the wind power industry.

The chief of the strategy department of Sinovel Wind Power (Group) Co., Ltd. told the reporter that with the improvement of the economic situation at home and abroad and the improvement of wind power infrastructure such as smart grids, it is expected that in the next 2-3 years, difficulties such as grid connection and other unfavorable factors Can eliminate, the industry will usher in a new round of rapid development. “The next step in wind power grid connection will be further reduced. Some large power plants have emission reduction tasks. By building wind farms, carbon emission quotas can be increased. Some wind farms can also issue carbon emission quotas and receive government subsidies.” Familiarity Mr. Zhang of the environmental protection industry told the reporter that the development of wind farms will help wind power equipment companies to absorb excess production capacity.

“At present, the market is still not saturated, but after a few years of continuous expansion, the total volume has become smaller. For many multinational wind power companies, the Chinese market still occupies the most important position in its global strategy.” For wind power equipment In the future development, Li Junfeng, deputy director of the Energy Research Institute of the National Development and Reform Commission, also has confidence.

“Two seas” is the trend Li Ling believes that in the case of traditional land-based wind power being cold and the domestic market is almost saturated, developing offshore wind power and entering overseas markets will become the future development trend.

Dongying’s wind energy resources and “blue and yellow” strategic policies have attracted a number of wind power companies to settle down, and wind power equipment companies have followed suit. After Sinopec, Huaneng and other companies built wind farms in Dongying New Household, Xianhe, and Hekou Street, Huarui Wind Power also aimed at Dongying, investing 1.5 billion yuan to build Shandong Huarui.

Han Junliang, Chairman of Sinovel Wind also made it clear that “Two Seas” offshore wind power and overseas expansion are the growth points for the future development of Sinovel Wind Power.

The research report recently released by Founder Securities also stated that during the 12th Five-Year Plan period, offshore wind power will become a new battlefield for industry competition.