20240125_海通国际_能源行业全球能源转型：美国新能源深度解析；美国新能源即将复苏但需择优入市_23页.pdf

Table_yejiao1(Please see appendix for English translation of the disclaimer)Table_yemei1 Investment Focus 25 Jan 2024 Table_Info P/E 2023 2024 200.00 5.8 9.7 25.00 16.0 13.4 6.50 n.a.n.a.28.00 n.a.63.4 Clearway Energy 34.00 43.7 18.8 115.00 23.5 26.8 2,700 7.1 6.4 31.00 7.8 8.5 12.00 30.7 12.6 MP Materials 45.00 50.3 31.9 Nextracker 54.00 19.8 17.1 5.00 n.a.n.a.100.00 20.6 88.3 290.00 n.a.39.5 2,386 12.2 11.1 RENOVA 1,450 7.6 21.7 2024 1 22 10 2024 1 18 2024 2024 1 16 2024 60%2024 1 15 2023 5 2024 1 15 Nextracker 2024 1 12 2023Q4 2024 1 9 2024 10/2024 1 5 2024 9 2024 1 4 2024 8 2024 1 4 2024 2024 1 3 2024 1 23 2024 2024 10 2024 1.2.IRA 2024 2023-2030 18%1 42%13%15%IRA 11%1965 11%7/2023-2030 18%/12%10%6%8-9 IRA 14%IRA 2024 2030 80%2030 44%9%35%BE US 2.Nextracker NXT US 3.ARRY US-2023 ENPH SEDG NEE US 1.2.3.Scott Darling Axel Leven 65758595105115Dec-22 Mar-23 Jun-23 Sep-23 Dec-23HAI China Energy HAI India Energy MSCI China 25 Jan 2024 2 Table_header1 1 2023 2030 2 2023 2010 2022 3 2023 2010 2022 42%2023 2030 18%2010-2022 2000 1%9%2030 35%WUBYxOsPsRoPtNsRtOoRoPaQ8QbRoMmMpNmQiNqQnMeRpMrQ9PqQuNwMnPpNxNpMnO 25 Jan 2024 3 Table_header1 4=+/5 6 2015-2023 56%63/2023 45/2015-2023 30%42/2023 43/2020-2023 62%159/2023 76/