高盛：下调中国太阳能需求预测加征关税的负面影响有限

智通财经2025-04-17

智通财经APP获悉，高盛发布研报称，对国内需求前景更为谨慎，将2026-2030年中国太阳能装机预测平均下调35%，预计《分布式太阳能规范》/《市场化可再生能源价格改革政策》会使30%-40%的年度太阳能装机项目内部收益率累计降至最低投资门槛(8%)以下。该行将覆盖公司2025-2030年营收/净利润率预估平均下调29%/3个百分点，12个月目标股价调整幅度在-50%至+20%之间。关于美国关税，...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2528784522?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-04-17 09:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2528784522","market":"us","top_or_hot":-1,"title":"高盛：下调中国太阳能需求预测 加征关税的负面影响有限","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，高盛发布研报称，对国内需求前景更为谨慎，将2026-2030年中国太阳能装机预测平均下调35%，预计《分布式太阳能规范》/《市场化可再生能源价格改革政策》会使30%-40%的年度太阳能装机项目内部收益率累计降至最低投资门槛(8%)以下。该行将覆盖公司2025-2030年营收/净利润率预估平均下调29%/3个百分点，12个月目标股价调整幅度在-50%至+20%之间。关于美国关税，...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1279888.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>高盛：下调中国太阳能需求预测 加征关税的负面影响有限</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n高盛：下调中国太阳能需求预测 加征关税的负面影响有限\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-17 09:27 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1279888.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，高盛发布研报称，对国内需求前景更为谨慎，将2026-2030年中国太阳能装机预测平均下调35%，预计《分布式太阳能规范》/《市场化可再生能源价格改革政策》会使30%-40%的年度太阳能装机项目内部收益率累计降至最低投资门槛(8%)以下。该行将覆盖公司2025-2030年营收/净利润率预估平均下调29%/3个百分点，12个月目标股价调整幅度在-50%至+20%之间。关于美国关税，...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1279888.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1279888.html","article_id":"2528784522","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2528784522","pubTimestamp":1744853233,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，高盛发布研报称，对国内需求前景更为谨慎，将2026-2030年中国太阳能装机预测平均下调35%，预计《分布式太阳能规范》/《市场化可再生能源价格改革政策》会使30%-40%的年度太阳能装机项目内部收益率累计降至最低投资门槛(8%)以下。关于美国关税，鉴于当前税率已足够高，非美国产能已无利润空间，因此进一步加征关税的负面影响有限。维持对福斯特、阳光电源的买入评级，维持对通威股份、特变电工、迈为股份的卖出评级。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK4588":"碎股","BK4550":"红杉资本持仓","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","06865":"福莱特玻璃","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","BK4552":"Archegos爆仓风波概念","LU0106831901.USD":"贝莱德世界金融基金A2","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","BK0132":"高送转概念","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK0054":"太阳能发电","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK1554":"光伏太阳能股","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE00BZ08YR35.GBP":"GUINNESS BEST OF CHINA \"C\" (GBP) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4585":"ETF&股票定投概念","BK4127":"投资银行业与经纪业","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK1169":"半导体设备","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","000591":"太阳能","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","BK4516":"特朗普概念","BK0271":"能源供应","00968":"信义光能","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","BK4504":"桥水持仓","LU1983299162.USD":"SCHRODER ISF GLOBAL ENERGY TRANSITION \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC"},"translate_title":"Goldman Sachs: Lowering China's solar demand forecast will have limited negative impact of tariffs","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06865":0.9,"00968":0.9,"000591":1},"content_text":"智通财经APP获悉，高盛发布研报称，对国内需求前景更为谨慎，将2026-2030年中国太阳能装机预测平均下调35%，预计《分布式太阳能规范》/《市场化可再生能源价格改革政策》会使30%-40%的年度太阳能装机项目内部收益率累计降至最低投资门槛(8%)以下。该行将覆盖公司2025-2030年营收/净利润率预估平均下调29%/3个百分点，12个月目标股价调整幅度在-50%至+20%之间。关于美国关税，鉴于当前税率已足够高，非美国产能已无利润空间，因此进一步加征关税的负面影响有限。该行将福莱特(601865.SH,06865)、信义光能(00968)评级从中性/买入/买入下调至卖出，将大全能源(688303.SH)ADR评级从买入下调至中性，将隆基绿能(601012.SH)评级上调至买入。维持对福斯特(603806.SH)、阳光电源(300274.SZ)的买入评级，维持对通威股份(600438.SH)、特变电工(600089.SH)、迈为股份(300751.SZ)的卖出评级。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2528784522","isCrawlerRequest":true}

高盛：下调中国太阳能需求预测 加征关税的负面影响有限

精彩评论

高盛：下调中国太阳能需求预测加征关税的负面影响有限