【出版时间及名称】：2010年1月亚洲新能源行业研究报告
        【作者】：野村证券
        【文件格式】：pdf
        【页数】：130
        【目录或简介】：

Contents
Executive summary 4
We expect financing conditions for renewables will improve in 2010F for both
public and private segments 4
Solar: 2010F demand up by 35% y-y but supply surplus continues to drive down
ASPs 5
Wind: 2010 demand up 19% y-y; US and China to lead growth 6
Nuclear: capacity to expand by 15-49% over 2010-30F; China could be the
largest end-market by 2020F 7
Other renewables: remain much longer-term stories 8
We initiate on GCL Poly (NEUTRAL) and China Longyuan Power (REDUCE) 8
The future is clean and green 10
Solar demand coming back in 2010F: to grow 35% y-y 10
Wind demand to increase 19% y-y globally in 2010F 14
Nuclear power capacity to grow by 15-49% during 2010-30F 21
Other renewables — much longer-term stories 25
Green stimulus packages to spur investments in renewables in
2010F 29
Green investments set to recover after a halt in 2009 29
Developing Asia’s investment has been growing 30
Financing condition to improve in 2010F 30
We expect wind to benefit the most among renewables in 2010F 32
Global solar policy changes 33
Update on European feed-in tariffs 33
Support for solar PV in China commenced in 2009 35
India to add 20,000MW by 2022F, unveils National Solar Mission 37
Policy support for solar in the US 38
Wind energy getting increased support from governments globally 42
Policy support and target for wind in China 42
Policy support for wind in India 43
Policy support and target for wind in other regions 43
Nuclear: policy and targets in China and India 47
China could raise its 2020F capacity target to 70-86GW from 40GW 47
India set to expand its nuclear power capacity 48
Nuclear power in India is highly regulated 49
Support for other renewables in China and India 51
Small-hydro: policy and targets in India and China 51
Bio-energy: policy and targets in India and China 53
Targets and RPS around the world 58
EU has set target to achieve 20% of its energy using renewable resources by
2020F 58
Policy supporting renewables in the US 59
Renewable polices in India 61
Appendix I: Renewables - the story so far 63
Solar 65
Wind 66
Nuclear power 68
Nuclear is clean and cost competitive 69
Other Renewable technologies 70
Latest company views
China High Speed Transmission 75
China Longyuan Power 78
GCL Poly Energy 93
JA Solar 109
LDK Solar 112
Suzlon Energy 115
Yingli Green Energy 118