On February 13, the National Energy Administration issued the "National Energy Administration's 2014 Market Supervision Work Highlights", again mentioning the need to strengthen the regulation of renewable energy such as wind power this year. As the country increased its adjustment to the energy structure, renewable energy such as wind power ushered in the second quarter of rapid development, and the performance of related companies also showed significant improvement. The industry believes that with the common internal and external environment, the turning point of the wind power industry has already appeared, and the recovery situation is gradually increasing.

According to experts, last year's wind curtailment has shown signs of improvement, and wind power generation has increased significantly, and the industry turning point has emerged. According to the average utilization hour data of power generation equipment of 6000 kW and above in 2013 released by the National Energy Administration, the average utilization hours of wind power in China last year was 2,080 hours, an increase of 151 hours compared with 1929 in 2012. The average utilization hours of wind power reached the highest level in 2005. . According to the data of the provinces, the average utilization hours of wind power in Yunnan and Fujian ranked in the top two, reaching 2919 and 2745 hours respectively. Among the 10 provinces with wind power installed capacity exceeding 3 million kilowatts, the average utilization hours of wind power equipment in Xinjiang, Shanxi, Inner Mongolia and Ningxia exceeded the national average. At the same time, the National Renewable Energy Information Management Center released the “2013 National Wind Power Construction Express”, which showed that the annual national wind power generation in 2013 was 137.1 billion kWh, a substantial increase of 36% year-on-year.

At the same time as the utilization of wind power has improved significantly, the national wind power construction has also rebounded more than expected. According to preliminary statistics of China Wind Energy Association, in 2013, China's wind power installed capacity was 16.1 million kilowatts, a significant increase of 24% compared with 1,296 kilowatts in 2012. The cumulative installed capacity of wind power has exceeded 90 million kilowatts. Previously, the industry expected a total installed capacity of 15 million kilowatts a year.

Driven by good market demand, the domestic bidding price of wind turbines continued to rise. Taking the average bidding price of domestic 1.5MW wind turbines as an example, it has risen from 3788 yuan per kilowatt in the third quarter of 2012 to 3,912 yuan per kilowatt in the third quarter of 2013. The continuous increase in volume and price has also led to significant improvements in profitability for wind turbine manufacturers and component manufacturers in 2013. Listed company Goldwind Technology reported that net profit for 2013 increased by 150% to 200% year-on-year. Xiangdian Motor Co., Ltd. predicted that net profit for 2013 will turn around at a profitable year-on-year. Jixin Technology predicts net profit for 2013 will increase by 50% to 100%.

This year, under the background of the state's efforts to support renewable energy, a number of favorable policies will boost the industry's economic recovery. The National Energy Administration recently issued the "2014 Energy Work Guidance Opinion", mentioned the "Renewable Energy Quota Management Measures" and the steady development of offshore wind power, which will have an important impact on the wind power industry. It is reported that the “Regulations on Renewable Energy Quota Management” provides clear quotas for the proportion of renewable energy in power generation enterprises, power grid companies and provinces, which will undoubtedly increase the enthusiasm of the above-mentioned parties for investing in renewable energy such as wind power. At the same time, China's coastline is long, and the offshore wind power market has huge room for development. The opening of this market will bring the wind power industry to a new height.