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《大行报告》瑞信:风电装机目标较预期进取 料金风(02208.HK)可受益推动「碳中和」国策
阿思达克 10-15 11:24
瑞信发表报告表示,就内媒报道,2020年北京国际风能大会上发布,为达到与碳中和目标实现起步衔接的目的,在「十四五」规划中,须为风电设定与碳中和国家战略相适应的发展空间,保证年均新增装机5,000万千瓦以上,该行认为此目标进取,对比市场原预期每年新增装机3,000万千瓦。

该行认为,内地短期内风电仍面临成本挑战,预计取消电价补贴後的年安装量,将从2020年的33GW(急装)降至2021年的约25GW。另一方面,中国国家习近平主席表示风电运营商有可能接受较低的项目收益,以在中期提升风电安装速度,从而促进可再生能源的发展,并帮助中国在2060年之前实现碳中和的诺言。该行认为,风力设备制造商(例如金风科技(02208.HK))应该是可能更高的风力需求的主要受益者

瑞信表示,金风科技H股目前估值相当预测2020年市盈率8倍,低於其他太阳能板块企业逾市盈率30倍的估值,该行维持金风科技H股为中资风电行业的首选股,维持「跑赢大市」评级及目标价9元。

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