Photovoltaics is a good thing. Although both belong to the new energy sector, photovoltaics perform much better than wind energy on the stock market. The market is enthusiastic about photovoltaics but is not interested in wind energy. . This is why This is due to many reasons, mainly because I think the future prospects of photovoltaics are better, but investment is always a question of probability, that is, balance between risk and return.
The actual performance of photovoltaic and wind power in 2020 is similar, and growth expectations for 2021, with the exception of the Follett high point, are similar to those of wind and photovoltaics have no obvious advantage over wind power. However, the stock price rise in the photovoltaic sector was significantly greater, Sungrow achievedgaining an astonishing figure of over 7 times, with Longi also reaching 4.8 times. The stock price reflects that the capital market is more optimistic about photovoltaics, which implies its views on the future growth prospects of related companies and the status of its industry, but it also implies the Mr. Market's optimism.
The current valuations of major companies are at all-time highs, LONGi 80%, Sungrow, Flat, Mingyang Intelligent, Sun and Moon are all above 90%, Dongfang Cable 20%, Taisheng Wind Energy 5%, the last two are the lowest. Generally speaking, the stock price of the PV sector has increased significantly. Whether measured by dynamic price-to-earnings ratio, TTM, historical percentile or PEG, the current valuation of photovoltaics is higher than that of wind energy. but performance and future performance in2020 are actually similar to those of wind energy.
Photovoltaic.
In daily life, there are many photovoltaic application scenarios. For example, rural photovoltaics on roofs, or photovoltaics complementary to fishing lamps, or roadside street lamps equipped with solar panels, etc. The size of photovoltaic power generation panels can be changed according to different application scenarios. We can say that the photovoltaic application scenarios are the most extensive. When it comes to wind power generation, the most common are huge wind turbines installed in fields.