New energy construction creates business opportunities again for construction machinery

After the earthquake in Japan, the State Council held a standing meeting to hear reports on the nuclear leakage of the Fukushima nuclear power plant in Japan. It pointed out that strict approval of new nuclear power projects and suspension of approval of nuclear power projects include projects for preliminary work. The speed of nuclear power construction, which has continued to develop rapidly, should be slowed down. However, the new energy plan that has received much attention recently will be named as “Emerging Energy Industry Development Plan” and will be given guidance for the future construction of new energy industry, bringing a new round of energy construction climax. In the case of limited nuclear power, the construction of clean energy such as wind power, hydropower and solar energy will accelerate. According to reports, after the introduction of the new energy development plan, China's new energy investment will reach 5 trillion yuan in the next decade.
In the construction of new energy, nuclear power construction is trapped, and the proportion of wind power, hydropower and smart grid construction will increase. Up to 5 trillion yuan of energy construction will inject new stimulants into the development of construction machinery industry, especially for lifting machinery and earthmoving machinery. The pulling action of the pile machinery and construction machinery market is obvious. For large-scale wind power hoisting projects, the technology of domestic cranes can meet the demand, and internationally renowned brand enterprises have begun to gain market share in the wind power sector. According to the analysis of China Construction Machinery Business Network, the investment in large-scale new energy construction will further promote the development of construction machinery such as cranes and excavators, and the competition in the crane market will become more intense in the future. At the same time, there is also a huge impetus for the increasing weight and innovation of core technologies. The Chinese Academy of Engineering proposed in the "China Renewable Energy Development Strategy Research" major consulting project that by 2020, China's wind power installed capacity is expected to reach 150 million to 200 million kilowatts. During the "Twelfth Five-Year Plan" period, China's wind power industry will maintain a rapid and steady development momentum, with installed capacity increasing at a rate of 15 million kilowatts per year. The relevant person from the Energy Research Institute of the National Development and Reform Commission said, "The development of the new energy industry, an important back-office construction is to develop a smart grid." The huge market potential brings unlimited opportunities for construction machinery.  

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