"According to cinno research statistics, the total investment in the five major emerging technology industries (including Taiwan) including semiconductor, optoelectronic display, circuit board, consumer electronics and new energy reached 1251billion yuan in April 2022. We predict that the investment in China's (including Taiwan's) new energy industry will exceed 5trillion yuan in 2022, a year-on-year increase of more than 240%."
According to the data in cinno research's monthly investment report on China's five major emerging technology industries, in April 2022, the total investment in the five major emerging technology industries (including Taiwan) including semiconductor, optoelectronic display, circuit board, consumer electronics and new energy reached 1251billion yuan.
Among them, the investment in new energy projects reached 953.8 billion yuan, accounting for about 76.2%; The investment in semiconductor projects is 164.9 billion yuan, accounting for about 13.2%; The investment of photoelectric display project is 69.9 billion yuan, accounting for about 13.2%. The new energy industry has become a key investment area for emerging technology industries.
According to the internal capital flow of the new energy industry:
In April, 2022, the investment capital in China's (including Taiwan's) new energy industry mainly went to wind power PV, with an amount of about 456.6 billion yuan, accounting for about 47.9%, a month on month decrease of 2.1%; The total investment in lithium batteries was 287.3 billion yuan, up 209% month on month. The total investment in energy storage was RMB 173.9 billion, a month on month increase of 313%; The total investment in hydrogen energy was 27billion yuan, up 62.7% month on month.
In April, 2022, China's (including Taiwan's) photovoltaic investment funds mainly went to silicon wafers and rods, with an amount of about 90.3 billion yuan, accounting for about 51.6%. In addition, in April 2022, China (including Taiwan) wind power investment funds mainly went to the whole industry chain projects, with an amount of about 129.8 billion yuan, accounting for about 80.1%.
In April, 2022, China (including Taiwan) lithium battery investment funds mainly went to lithium battery cell modules, with an amount of about 122.1 billion yuan, accounting for about 42.5%. At the same time, from the perspective of regional distribution, the investment funds are mainly distributed in Hubei, Sichuan and Gansu, accounting for about 60.5% of the total.
In April, 2022, China (including Taiwan) mainly invested in pumped storage, with an amount of about 173.9 billion yuan, accounting for about 100%. At the same time, from the perspective of geographical distribution, the investment funds are mainly distributed in Xinjiang, Hubei and Fujian, accounting for about 68.1% of the total.
In April, 2022, the main investment capital in China (including Taiwan) electric vehicle industry was BYD automobile, with an amount of about 4.46 billion yuan, accounting for about 49.1%. At the same time, from the perspective of regional distribution, the investment funds are mainly distributed in Anhui, Chongqing and Zhejiang, accounting for about 96.7% of the total.
On June 1, the national development and Reform Commission and other departments issued the "14th five year plan" for renewable energy development. It is mentioned in the plan that by 2025, the annual power generation of renewable energy will reach about 3.3 trillion kwh. During the "fourteenth five year plan" period, the increment of renewable energy power generation accounted for more than 50% of the increment of electricity consumption in the whole society, and the amount of wind and solar power generation doubled.
According to the statistics of cinno research, as of April, the investment in the new energy industry from January to April 2022 has reached 2.3 trillion yuan, exceeding the annual investment in 2021. Cinno research predicts that the investment in China's (including Taiwan's) new energy industry will exceed 5trillion yuan in 2022, with a year-on-year increase of over 240%.