东吴证券-光伏设备行业点评报告：主链价格修复&供需政策逐步落地，看好各环节龙头设备商-250226

研报虎2025-02-26

行业价格反弹，盈利有望逐步修复：2025年初随着新能源电改政策的落地、市场需求的变化及行业自律等政策推出，光伏主链价格均开始上涨，近期硅片价格涨至1.18元/片并企稳修复、电池成交价上涨至0.29元/W+、组件龙头报价0.7元/W+，经销商报价也有所上涨。供需政策加速落地，助力行业盈利修复&新技术发展：需求端陕西省发改委计划在2025年启动2GW的光伏领跑计划，要求组件转换效率达到24.2%以上，...

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