Sany Renewable Energy: Rather do wrong, not miss out, and unswervingly invest in the future

Sany Renewable Energy is steadfast in its investment in the future.

Since the parity of the wind power industry in 2020, Sany Renewable Energy has continuously refreshed the industry's impression as a dark horse. From 2019 to 2023, Sany Renewable Energy's new installed capacity has steadily and continuously increased, with its market share jumping from 2.6% to 9.3%, and its ranking in China's complete machine market has increased from 10th to 5th.

In the view of Sany Renewable Energy, the current time is at the historical turning point of the fourth industrial revolution and the third energy revolution, which is a great opportunity for the development of new energy. Adhering to the determination to do something wrong and not to be missed, Sany Renewable Energy firmly adheres to the concept of "intelligent manufacturing to lead the future", continuously cultivates wind power, and accumulates world-class intelligent manufacturing practical experience for the industry.

According to Sany Renewable Energy's latest annual report, in 2023, Sany Renewable Energy will achieve revenue of 14.939 billion yuan, a year-on-year increase of 21.21%; The net profit was 2.007 billion yuan, an increase of 21.78% year-on-year.

Looking at the sales segment alone, in 2022 (Sany Renewable Energy was listed that year), Sany Renewable Energy will achieve a gross profit margin of 23.25%; In 2023, Sany Renewable Energy will achieve a gross profit margin of 15.45%.

Bet on big megawatts

When it comes to the rise of Sany Renewable Energy, we can't get around 2020, which is destined to leave a strong mark in the history of China's wind power development. As the last node towards the era of parity, with the support of the rush to install, China's wind power added a record high of 54.43GW (excluding Hong Kong, Macao and Taiwan). Sany Renewable Energy achieved 3.3GW of new hoisting capacity. (Source: CWEA)

In September of that year, China solemnly declared that it would strive to peak its carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. As an important starting point for achieving the "dual carbon goal", new energy represented by wind power and solar energy has been given a more important historical mission.

"In 2030, the installed capacity of wind power and solar energy will reach more than 1.2 billion kilowatts", a once-in-a-lifetime historical opportunity, which has aroused the "tyrannical" heart of Sany Renewable Energy. Pre-research and reserve large-megawatt wind turbine technology has become an important starting point for Sany Renewable Energy to try to grasp the pulse of the industry times.

It is understood that before 2020, the single capacity of mainstream models in the market was mainly concentrated in about 2MW. After 2020, the advent of the era of parity and bidding will put forward higher requirements for products with low cost of electricity. The capacity of the mainstream model in the market has increased rapidly from 2.5MW. In 2023, the single capacity of domestic bidding models will be mainly concentrated in 5. X MW, 6.X MW or so.

Sany Renewable Energy released 4. XMW "Navigator". In December of the same year, Sany Renewable Energy's first 5MW unit was connected to the grid. In June 2021, Sany Renewable Energy launched the 6. X MW series products. In July 2022, Sany Renewable Energy's first 7. The X MW prototype was connected to the grid. In February 2023, Sany Renewable Energy's first 10MW prototype rolled off the production line.

Sany Renewable Energy believes that it is precisely because of the firm grasp of the industry demand in front of the development opportunities of the new era of "large megawatts and cost reduction" that the company's market share has steadily increased in recent years.

Taking the 10MW wind turbine with the highest market attention as an example, according to Fengmang Energy Tracking, the whole machine manufacturer has successively bid for about 10MW wind turbines for GW projects above GW level in Inner Mongolia, Xinjiang and other regions.

According to Wu Baoxin, director of Sany Renewable Energy Solution Center, as early as the beginning of 2022, relevant departments began to develop a 10MW platform. "According to calculations, for the Inner Mongolia region, the 230-10.0 model is the best model for the project to obtain the extremely low cost of electricity (0.1 yuan/kWh)."

In February 2023, Sany Renewable Energy's 10MW prototype officially rolled off the production line. In July of that year, the prototype was officially hoisted for testing. On July 19, the prototype officially passed the 240 acceptance. From August to November, it successively obtained type certification, high and low wear and power quality certification. In November, Sany Renewable Energy successfully won the bid for Heilongjiang Huadian Ning'an Fengshuishan Wind Power Project, using 10MW wind turbines, which is the first onshore wind power project in China to use 10MW units in batches, setting a new record for the largest commercial wind turbine in China.

Respond to new challenges with digital intelligence

Digital intelligence is the second magic weapon of Sany Renewable Energy to face the pressure of change. From the "pig-killing" operation, to mechanization, rigid flow automation, and then to intelligent automation, Peng Xu, deputy general manager and chief digital officer of Sany Renewable Energy, who witnessed the continuous transformation of Sany Renewable Energy's intelligent manufacturing, was full of emotion. From "Home-based work", to "Normal", to "Automatic/Intelligent", Sany Renewable Energy has taken firm steps after choosing the direction.

According to Peng Xu, digital intelligence includes three major areas: intelligent manufacturing, smart wind farms, and intelligent operations. Specifically, the construction of the mainframe, motor, blade benchmark intelligent factory automation, lean, digital integration; Create a smart wind farm with "excellent power and ultimate operation and maintenance" for intelligent wind turbines that can "perceive and make good decisions"; Build a wind power intelligent operation and operation platform to digitize all businesses and commercialize all data.

In terms of host manufacturing, Sany Renewable Energy implements the "421" plan。 Sany Renewable Energy has the industry's first flexible production unit, pulsating assembly line and integrationWarehousing and logisticsThe production line can realize efficient man-machine collaboration, automated equipment manufacturing, and greatly improve the efficiency of the production line.

In terms of intelligent manufacturing of motors, Sany Renewable Energy has adopted the "3212" layout to build a world-class lighthouse factory for motors。 3 automated production lines, namely coil intelligent production line, iron core intelligent production line, and final assembly intelligent production line, can reach 60% automation rate; 2 flexible operation areas, with 3-15.5MW compatibility, both VPI/oven large megawatt production capacity, molybdenum winding welding constant temperature room construction and embedded flexible operation area; 1 intelligent three-dimensional warehouse, which can achieve 85% material coverage, no backflow in the layout of the logistics loop, full coverage of intelligent vertical warehouse materials, and automatic distribution of intelligent AGV; Two core operation centers achieve a self-made rate of 60% of core parts, which are independent machining centers for machine bases, rotating shafts, and end covers, intelligent machining lines for bearing seats, and large megawatt test and testing centers.

In terms of intelligent algorithms, Sany Renewable Energy builds its core competitiveness with mechanism + AI, and gives more accurate early warning through the health platform to ensure the safe and stable operation of wind turbines。 At present, Sany Renewable Energy has achieved intelligent early warning covering 220+ wind farms, 5000+ units, 90+ intelligent diagnostic cases, 85%+ accuracy, 50%+ reduction in failure rate, and 15%+ improvement in fault handling efficiency.

Intelligent manufacturing and data-driven manufacturing have become an excellent assistant for Sany Renewable Energy to ensure reliability, increase costs and increase efficiency. According to Sany Renewable Energy, limited by wind resource conditions and other factors, there is limited space for rapid iteration of large megawatts of onshore wind turbines. "The market will gradually shift again to an increasing focus on unit maturity."