LONGi organized a side event at the recently concluded COP 28 in Dubai, with invitees including representatives of the Global Renewables Energy Alliance (GREA), the Global Solar Council (GSC), SolarPower Europe and steel giant ArcelorMittal discussing how renewable energy can best be promoted to accelerate achieving the global goal of net-zero.
In advance of a round table forum, GSC CEO Sonia Dunlop and LONGi founder and president Li Zhenguo each addressed attendees, with Dunlop providing an update on the current status of global renewable energy development and follow-up initiatives to reach the 1.5℃ temperature control target. For his part, Li recalled the “Solar for Solar” concept first proposed by LONGi at COP24 with the introduction of the “Green Power + Green Hydrogen” technical route, adding that the latter is not only necessary in the pursuit of carbon neutrality, but also an inevitable choice to accelerate the global energy transition.
The subsequent round table focused on trends and the development status of the renewable energy market, initiatives to expand the market, current constraints and prospects.
During the event, LONGi VP Dennis She gave his own presentation, stating that PV, as a global source of energy, has changed the past development imbalance caused by differences in energy resources. The goal of the “Solar for All” concept is to meet the demand for PV products around the world, and LONGi maintains a firm position to continue the promotion of global energy equity with PV technology, so that solar can be utilized in a more economical and efficient way.
It is understood that energy-intensive industries such as steel account for 7%-9% of global carbon dioxide emissions and how such industries decarbonize will become an important factor in achieving global carbon emission targets. As a leader in the steel industry, ArcelorMittal also underlined its commitment to the energy transition, with VP for Global Sustainability and Public Affairs Nicola Davidson commenting: “Our investors’ biggest concern has been how to balance income and energy transition investment. We believe the focus lies on how to achieve the future healthy and sustainable development of the company with more intelligent and valuable solutions.”
LONGi’s green power and hydrogen solutions support net-zero developments. At the end of 2023, LONGi’s module production capacity stands at 130GW, with electrolytic cell production capacity at 2.5GW, helping such industries to achieve their ambitious decarbonization goals.
