New energy power generation, photovoltaic, wind power

First, the new energy power generation industry segments and market size

1. What are the sub-sectors of new energy power generation?

Compared with the semiconductor and new energy vehicle industries that we have inventored before, the new energy power generation industry has a simple industrial structure and fewer subdivisions.

From the general direction, new energy power generation can be mainly divided into photovoltaic power generation and wind power generation.

Under these two general directions, there are corresponding subdivisions.

Let's start with photovoltaics.

Photovoltaic power generation is solar power generation.

Mainly includes silicon wafers, photovoltaic cell modules, inverters, photovoltaic auxiliary materials, photovoltaic processing equipment five sub-industries.

(1) Silicon material silicon wafer

The silicon wafer industry can be divided into silicon and silicon.

Silicon material can be literally understood, simply speaking, is the material formed by processing and purification of industrial silicon.

Different purity silicon materials can be further processed to make different silicon wafers.

Low purity silicon material (purity in 6-7 Nines, that is, about 99.999999%) can be used to make solar silicon wafers, and higher purity (11 levels of 9) can be used to make semiconductor silicon wafers.

The silicon wafer in the "silicon material silicon wafer" we are talking about today mainly refers to the solar silicon wafer.

Solar silicon is the core material for making solar panels, and its importance is self-evident.

(2) photovoltaic cell modules

To put it bluntly, solar panels are the core part of the solar power generation system, whose role is to convert solar energy into electricity.

(3) Inverter

To put it bluntly, it is a transformer whose role is to convert low-voltage direct current (that is, the electricity in the battery) into the 220 volt high-voltage alternating current that we can use in our daily life.

(4) photovoltaic auxiliary materials

As the name suggests, it is some auxiliary materials in the production process of photovoltaic parts, including crucible, hot soup, diamond wire and so on. Photovoltaic auxiliary materials are not core components, but they are essential materials in the production of photovoltaic equipment.

(5) photovoltaic processing equipment

Simply put, it is the machine equipment used by photovoltaic manufacturing enterprises to produce photovoltaic parts. Including silicon rod/silicon ingot manufacturing equipment, silicon wafer/wafer manufacturing equipment, battery wafer manufacturing equipment and so on.

Then there's wind power.

Wind power mainly includes wind power parts and wind power machine two subsectors.

(1) Wind power components

Simply put, it is the key components of large wind turbines, including blades, nacelle cover, spindle, castings, converters and so on. There are many parts of wind power, but they are the core and have a crucial impact on the efficiency of wind power generation.

(2) Wind power machine

Simply put is the assembly of wind turbine enterprises, wind power parts production is good, wind power machine factory will assemble various parts delivered to wind power operators to power generation, compared with wind power parts industry, wind power machine industry technical content is much lower.

2. What is the market size of each subsector of new energy power generation?

Through the above analysis, we already know that there are seven sub-sectors in the new energy power generation industry.

Of these, there are five photovoltaic power generation and two wind power generation.

Then the question comes, what is the status of these seven sub-sectors in the entire new energy power generation industry?

What kind of position, depending on the size of the market to know.

The market size mainly depends on two financial indicators: revenue and net profit.

Revenue is simply how much money an industry or company receives for the goods it sells.

Net profit to the mother simply refers to the money received by an industry or a company selling goods, after deducting various costs, how much money can be earned.

Through these two indicators, we can intuitively see the market size of an industry.

(1) First look at the five sub-sectors of photovoltaic power generation.

Silicon wafer market accounted for the highest proportion, with 41.45% of the market share to earn 68.83% of the industry profit;

The second is the inverter, with 10.06% of the market share to earn 14.77% of the industry profit;

Photovoltaic modules are also good, with 8.35% of the market share to earn 13.62% of the industry profit;

The smallest proportion is photovoltaic processing equipment, although the market share is only 2.57%, but earned 6.02% industry profit;

Compared with the above four sub-sectors, photovoltaic cell modules are too stretched, occupying 37.57% of the market share, not only did not earn a penny, but lost several hundred million, it is expected that the investment value is not large.

(2) Let's look at the two subsectors of wind power.

The market share of wind power machine is very large, as high as 72.46%, but only earn less than 50% of the industry profits, overall, the investment value is general;