电力设备及新能源行业周报：光伏装机预测再次上调，11月动力电池装车量持续提升

投资要点    20% 10% 0% -10% -20% -30% -40% 000300.SHCI005011.CI  请阅读最后评级说明和重要声明 一、投资要点3 二、行情回顾4 三、行业数据5 四、行业资讯8 1.行业要闻8 2.重要公告8 五、风险提示9 .....................................................................................................................3 ......................................................................................4 ....................................................................................................................................4 ........................................................................................................................................5 .......................................................................................................................................5 ................................................................................................................................6 ....................................................................................................................................6 .........................................................................................................................6 ....................................................................................................................................6 ..................................................................................................................................6 ...........................................................................................................................6 ................................................................................................................................7 ................................................................................................................................................7 .............................................................................................................................................7 ................................................................................................................................................7 .........................................................................................................................................7 ..................................................................................................................................7 ...........................................................................................................................................5 ..................................................................................................................8 ...................................................................................................8 2  700 100% 90% 600 80% 500 70% 400 60% 50% 300 40% 200 30% 20% 100 10% 0 0% 20192020202120222023E2024E2025E 国内光伏新增装机 国内光伏新增装机增速 全球光伏新增装机 全球光伏新增装机增速  3 综合传媒 商贸零售纺织服装 煤炭 轻工制造 建材房地产 电力及公用事业 建筑综合金融 机械家电 国防军工 汽车银行 非银行金融交通运输 电子消费者服务基础化工农林牧渔石油石化计算机 通信医药钢铁 有色金属电力设备及新能源 食品饮料 3% 2% 1% 0% -1% -2% -3% -4% -5% 4 1.2 1 0.8 0.6 0.4 0.2 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 三元车用电芯 铁锂车用电芯 方形储能电芯（磷酸铁锂） 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 70 60 50 40 30 20 10 0 2020-01-01 2021-02-24 2022-04-20 2023-06-14 2.5 2 1.5 1 0.5 0 2020/2/14 2021/2/14 2022/2/14 2023/2/14 干法-16μm 湿法基膜-9μm 湿法基膜-7μm 70 60 50 40 30 20 10 0 2020/6/19 2021/6/19 2022/6/19 2023/6/19 45 40 35 30 25 20 15 10 5 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 NCM333 NCM523 NCM622 NCM811 磷酸铁锂 9 8 7 6 5 4 3 2 1 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 中端产品 高端产品 14 12 10 8 6 4 2 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 电解液(磷酸铁锂) 电解液(三元/圆柱/2600mAh) 12 10 8 6 4 2 0 单晶硅片-182mm(M10) 单晶硅片-210mm(G12) 2.1 1.9 1.7 1.5 1.3 1.1 0.9 182mm单面单晶PERC组件 210mm单面单晶PERC组件 182mm双面单晶PERC组件 210mm双面单晶PERC组件 50 45 40 35 30 25 20 15 10 5 0 3.2mm镀膜 2.0mm镀膜 350 300 250 200 150 100 50 0 1.4 1.3 1.2 1.1 1.0 0.9 0.8 0.7 0.6 0.5 单晶PERC-182mm 单晶PERC-210mm Topcon-182mm 3 2.5 2 1.5 1 0.5 0