Regardless of the various sub-sectors of new energy from the upstream and downstream, or from the industry chain is concerned, belong to entirely different, has its own characteristics the industry, so it needs to be broken down into solar, glue gun wind power, nuclear power three sub-sectors, and focus on selected business revenue to the new energy-based industry company and give up a lot just select the companies involved in new energy concepts.
According to statistics, type of photovoltaic four quarters in 2010, the company's main business is still continued-than-expected revenue growth, to achieve the main income of 38.6 billion total quarterly increase of more than 60%; to achieve a total profit of 5.6 billion year on year quarterly growth of nearly 90%. Wind Power Class of the company appeared tired, while still maintaining an average annual growth of 50% level,glue stick but the third and fourth quarter revenues and profits year on year decline rapidly, indicating the industry may have crossed the rapid growth of the industry, into the relative slow growth trajectory. Nuclear class company performance in the past year showing a high to low, but overall, the growth rate is significantly faster than in 2009. The total profit in the second quarter of 2009 was mainly due to the abnormal growth of Dongfang Electric (600,875, stock it) affected by the earthquake in 2008 caused by data anomalies.
For the photovoltaic industry, the 2010 can be found by reviewing the industrial boom reached a record high, the overall industry revenues and profits to maintain a rapid growth, mainly because demand far exceeds the global PV installed capacity is expected. 2010 global installed capacity of more than 18GW, an increase of 155%. New installed capacity in Germany as 7.4GW, an increase of 94%; Italy New installed capacity of about 3.8GW, an increase of more than 400%, installed between the two countries accounted for 60% of total global demand. Can be said that the prosperity of the PV industry in 2010 was due to the power of the two PV subsidies. So, for 2011 the focus of the PV market to determine the self-evident, the analysis of demand in Germany and Italy will be crucial. We believe that the overall installed base in Germany has been very high, not realistic to continue to achieve high growth in 2010 was mainly due to the prosperity brought by the policy in advance "grab equipment", also part of the future market overdraft space, to determine Germany's basic maintenance needs of the steady growth of 25%. And Italy into the recent economic downturn, faced with shrinking subsidies, potentially, so the level of installed capacity is expected to remain at 4GW. It should be noted that the rapid growth of emerging market demand, the Japanese nuclear crisis in these countries more to promote the application of PV. Emerging market countries, including the United States and France, Japan and Korea and many other potential markets, although these countries are currently installed PV low base, but gradually mature incentives, is expected to occur than-expected growth. Overall, we expect additional global PV installed capacity in 2011 will be 21 to 23GW, up 30% over 2010, to 40%, the PV industry is still in high boom period.
For the wind power industry, as of 2010, China has total installed capacity of 42GW, the largest wind power country, the annual additional 18.93 million kilowatts of wind power, far more than other countries, accounting for half of global new. However, due to the excessive growth of installed capacity and network technology and outstanding, resulting in a serious fan idle, last year added more than 30% did not have to waste the Internet. Major power groups in the country after years of staking their claims, the group has significantly slowed down the investment in wind power, last year's third and fourth quarters of rapid growth has been very evident decline. For 2011 and after the wind power industry, we expect demand for domestic fans have been the highest point, the excessive expansion of industry overcapacity and intensified, the wind power industry may face a more difficult period. However, individual enterprises in the export or blower may be offshore wind-than-expected performance.
For China's nuclear power industry, in March occurred in Japan's nuclear crisis had seriously affected the development of nuclear power industry has entered the fast lane. However, we believe that nuclear energy can not escape the use of human choice. In the present about to run out of fossil energy, while the population growth and promote better standards of life the reality of rising energy demand conditions, nuclear energy as a stable, efficient and clean alternative energy, compared to wind power, solar energy, the advantages of the most prominent . We believe that nuclear power is totally unrealistic to ignore, as the aircraft vulnerable to a variety of uncontrollable factors and crashed, but still grow as the aviation industry, nuclear power industry will try to improve security, the difficulties ahead. Short-term impact of nuclear accidents nuclear power have brought investors expected too pessimistic, but in the long run, nuclear power development, or to take to the fast lane, and three generations of higher security will get better AP1000 nuclear power development.