特斯拉机器人有望亮相，国内海风稳步推进 | 投研报告Tesla robots are expected to debut, domestic offshore wind steadily progressing | Investment Research Report

Huatai Securities recently released a weekly report on the power equipment industry, titled 'Tesla Robot Expected to Debut, Domestic Offshore Wind Steadily Advancing,' summarizing the dynamics of sectors such as energy storage, lithium batteries, photovoltaics, wind power, automobiles, hydrogen energy, and power grid equipment.

In terms of energy storage, Sichuan Province has set a target of over 13GW/26GWh of renewable energy storage additions for 2026 to 2028, with the scale allocated according to power-side, grid-side, and multi-scenario classifications. The allocation ratio for various scenarios such as commercial complexes, computing facilities, and livelihood protection sites has been systemically and clearly defined for the first time.

In power grid equipment, the State Grid released the winning bids for the fifth public tender of substation equipment (including cables) in 2026. China XD won 1.11464 billion yuan, Pinggao Electric approximately 998 million yuan, Changgao Electric 230.41 million yuan, and Jinguang Electric 24.5113 million yuan.

For wind power, domestic project development is steadily progressing. A 1.1GW offshore wind project in Shandong is advancing the environmental assessment, and wind turbine procurement and supporting project bidding in Guangdong have made progress. Overseas, a 1.8GW offshore wind project in Denmark has signed the final agreement.

In terms of hydrogen energy, the Zhangye green hydrogen production project PC bidding has been implemented, with cumulative electrolyzer orders reaching 1.17 GW in the first ten months; five departments including the National Development and Reform Commission issued the "Action Plan for Implementing a Comprehensive Energy-Saving Strategy," and Guangdong introduced an energy-saving and carbon-reduction action plan for the energy sector, both highlighting large-scale substitution with green hydrogen, green fuel ships, and hydrogen-ammonia-methanol refueling facilities as key directions.

In terms of lithium batteries and photovoltaics, Tinci Materials and EVE Energy signed a long-term supply agreement for 450,000 tons of electrolyte, and Xingyuan Materials received a designated order from Volkswagen Group for 1.558 billion square meters of wet-process membranes; the Ministry of Industry and Information Technology has solicited public comments on the interim regulations for the digital ID management of power batteries. The report also warns of risks such as demand falling short of expectations, new technology iterations, and overseas trade.

[Source: China Energy Net]