Energy · 1.11

Wind & Solar Equipment

Quantified news impact based on deduplicated, quality-reviewed events in a single 20-day window.

Average net impact+23weighted per event

Average gross impact23absolute weighted average

Events19same period

Confidence72%model average

Raw intensity58before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed1.0 / day

Concentration7%

Direction disagreement200%

Source independence100%12 sources

IMPACT TREND

20-day effective impact

Positive 18 · Negative 0 · Mixed 1

+240-24

15 Jul0 events

16 Jul0 events

18 Jul0 events

20 Jul0 events

21 Jul0 events

23 Jul0 events

25 Jul0 events

+22

26 Jul6 events

+16

28 Jul4 events

+22

30 Jul5 events

+13

31 Jul1 event

+24

2 Aug3 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate0%0 cumulative effective impact

Short term31%133 cumulative effective impact

Medium term62%272 cumulative effective impact

Long term7%30 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 1 of 2 · 19 events

Macro7

Macro30 Jul, 07:34positive

China's Goods Trade Exceeds RMB 25 Trillion in First Half of 2026, New Three Exports Top RMB 800 Billion

China's goods trade reached RMB 25.47 trillion in the first half of 2026, up 16.9% year-on-year, the first time exceeding RMB 25 trillion for the period. Imports hit RMB 10.74 trillion, up 22.1%. Exports of the 'new three' products — electric vehicles, lithium batteries, and solar cells — totaled RMB 819.64 billion, up 46.1%. Private enterprises accounted for 57% of trade value. The data underscores China's continued dominance in global goods trade.

Effective: +43
Intensity: 78
Confidence: 90%
Horizon: Short term

Macro28 Jul, 08:19positive

NDRC and NEA Issue Renewable Energy 15th Five-Year Plan, Setting Four Targets

The National Development and Reform Commission and the National Energy Administration have jointly unveiled the Renewable Energy Development 15th Five-Year Plan. The plan, covering the 2026–2030 period, sets out targets in four areas: total renewable energy volume, power generation, non-electric utilization, and reliable substitution. It provides a policy framework to guide the sector’s development over the next five years.

Effective: +41
Intensity: 85
Confidence: 83%
Horizon: Short term

Macro3 Aug, 16:46positive

NDRC and NEA Issue 15th Five-Year Power Plan for Coal-Fired Flexibility Retrofits and New Energy Integration

China's National Development and Reform Commission and National Energy Administration have issued the 15th Five-Year Plan for Building a New-Type Power System, requiring existing coal-fired units to undergo wide-load high-efficiency retrofits and limiting the coal consumption increase under low-load operation to within 25%. The plan supports coal power and new energy integration projects, and calls for flexibility retrofits of all eligible existing units by 2030. Combined heat and power units must achieve minimum power output below 40%, with heat-power decoupling encouraged to maintain stable heating.

Effective: +34
Intensity: 55
Confidence: 75%
Horizon: Medium term

Macro30 Jul, 08:00positive

National Energy Administration: Energy Investment in 15th Five-Year Plan to Exceed 20 Trillion Yuan

The National Energy Administration announced that during the 15th Five-Year Plan period (2026-2030), investment in key energy projects and new business forms will exceed RMB 20 trillion, significantly higher than the 14th Five-Year Plan total. The investment, averaging over RMB 100 billion per day, is divided into three dimensions: safety, transition, and new opportunities. Safety project investment rises over 10%, grid investment growth exceeds 30%, and new energy's share of power source investment nears 60%. New business forms receive over RMB 2 trillion, focusing on green hydrogen, storage, and virtual power plants.

Effective: +34
Intensity: 70
Confidence: 85%
Horizon: Medium term

Macro27 Jul, 10:52positive

Guangzhou H1 2025 GDP Up 5.8%, IC Manufacturing Jumps 73.9%, NEV Output Rises 53.2%

In the first half of 2025, Guangzhou's gross domestic product grew 5.8% year-on-year to RMB 1,604.5 billion, the highest half-year growth rate since 2022. The primary sector added value of RMB 10.8 billion, up 3.2%; the secondary sector rose 5.6%; and the tertiary sector grew 5.9%. Among first-tier cities, Guangzhou tied with Shenzhen for the fastest growth. Industrial production improved significantly, with integrated circuit manufacturing value added surging 73.9% and new energy vehicle output increasing 53.2%. Fixed-asset investment rose 6.1%, and high-tech manufacturing investment grew 29.5%.

Effective: +32
Intensity: 80
Confidence: 82%
Horizon: Short term

Macro3 Aug, 08:00positive

NDRC Issues 15th Five-Year Plan for Circular Economy, Targets 8 Trillion Yuan by 2030

The National Development and Reform Commission has issued the 15th Five-Year Plan for Circular Economy Development, targeting an output value of 8 trillion yuan from the resource recycling industry by 2030. The plan aims to raise main resource productivity by about 16% from 2025 levels, when it was already 77% higher than in 2012. It also outlines measures to improve recycling of spent power batteries, wind turbines, and photovoltaic panels as large-scale decommissioning begins.

Effective: +30
Intensity: 65
Confidence: 70%
Horizon: Medium term

Macro3 Aug, 20:21positive

China's 2025 Exports Near RMB 27 Trillion; ASEAN Share Hits 17.64%

China's goods exports in 2025 totaled nearly RMB 27 trillion, up 6.1% year on year, with ASEAN accounting for 17.64% of total exports. Chinese firms are expanding across ASEAN in electronics, new energy vehicles, digital economy, cross-border logistics, and solar. Singapore remains a top regional headquarters choice despite high costs, with companies like Global Transport and Logistics serving 2,600 multinationals and setting up regional hubs. The city-state offers an international headquarter scheme with a 10% preferential tax rate, while a global minimum tax of 15% applies to large firms.

Effective: +28
Intensity: 60
Confidence: 65%
Horizon: Medium term

Industries2

Industries31 Jul, 18:03positive

SAMR Issues Price Compliance Guidance to Shift Solar Industry from Price to Quality

On July 31, 2026, the State Administration for Market Regulation (SAMR) held price compliance guidance in Yancheng, Jiangsu, for the photovoltaic industry, urging a shift from price competition to quality competition. The regulator called on solar companies to strengthen cost accounting, build price compliance systems, and resist vicious low-price competition. It promoted the General Rules for Cost Accounting Models of the Photovoltaic Industry, which took effect July 27, 2026. Representatives from four national agencies, including SAMR, and 27 solar companies attended.

Effective: +26
Intensity: 64
Confidence: 70%
Horizon: Medium term

Industries28 Jul, 16:01positive

Photovoltaic Industry Group Standard Unifies Cost Accounting Model Across Supply Chain

China's photovoltaic industry suffered severe losses in the first half of 2026, with 22 of 26 listed companies reporting losses totaling RMB 18.3 billion to RMB 21.4 billion. In response, the China Photovoltaic Industry Association released a group standard for cost accounting, unifying calculation methods across the silicon, wafer, cell and module chain. The standard defines three cost tiers—cash, production and full cost—and requires integrated firms to use stepwise full-cost transfer, prohibiting below-cost internal pricing. It provides a quantitative basis for identifying below-cost sales and supports regulatory price monitoring.

Effective: +25
Intensity: 70
Confidence: 75%
Horizon: Medium term

Companies1

Companies27 Jul, 21:13positive

Envision Energy Adds Over 4.4 GW Overseas Orders in H1 2026; Dajin Heavy Industry's Deep-Sea Base Starts

In the first half of 2026, Envision Energy secured over 4.4 gigawatts of new overseas orders, covering North Africa, Southern Europe, and Southeast Asia. The company will supply large offshore smart turbines for the 128-megawatt Vinh Long nearshore wind project in Vietnam. Separately, Dajin Heavy Industry's deep-sea offshore wind base in Tangshan Caofeidian began production in 2026, becoming the world's first fully indoor factory for ultra-large offshore products. As of 2026, Dajin's overseas orders in hand exceeded RMB 10 billion, with products exported to more than 30 countries and regions.

Effective: +32
Intensity: 82
Confidence: 90%
Horizon: Medium term