#China #LONGi #Clean Energy #Boao Forum #Boao

Introduction

The Boao Forum for Asia is a prestigious annual event that brings together business leaders to discuss key issues affecting the region and the world. In 2025, the forum took place from March 25 to 28 in Boao, Hainan, China, focused on the theme "Asia in a Changing World Towards a Shared Future." Among the prominent speakers was Zhong Baoshen, the Chairman of LONGi Green Energy Technology Co., Ltd, who was invited to participate in the Chinese-Australian Business Leaders Forum.

Deepening China-Australia Cooperation

During the forum on March 26, Zhong focused on how China and Australia can deepen their economic ties, especially in the renewable energy sector. He noted that the open economic environment fostered by the Regional Comprehensive Economic Partnership (RCEP) provides a solid foundation for enhancing regional trade and investment.

Zhong highlighted the importance of the Memorandum of Cooperation on implementing the Free Trade Agreement between China and Australia, signed in June 2024. This agreement is expected to be advantageous for the clean energy sector, particularly in photovoltaics (PV). With Australia's abundant solar energy resources, LONGi aims to increase its supply of high-efficiency PV modules and other clean energy solutions to the region, facilitating growth in both the local PV industry and the emerging green hydrogen market.

LONGi's Strategic Focus

LONGi's active participation in Australia extends beyond mere supply of solar technology. The company is strategically leveraging the RCEP to optimize global supply chains and expand its market presence. Zhong emphasized that collaboration with Australian firms would help achieve common Environmental, Social, and Governance (ESG) standards. By doing so, LONGi aims to enhance trade efficiencies, reduce certification, carbon accounting uncertainties, and promote investment in renewable energy projects.

Moreover, LONGi has committed to a fully renewable energy manufacturing process, adhering to initiatives like RE100 and SBTi. This commitment aligns with its broader objective of providing eco-friendly products, promoting sustainability, and supporting Australia's ambitions toward carbon neutrality.

Advancements in Technology and R&D Collaborations

To bolster these development efforts, Zhong underscored the critical role of technological collaboration. He illustrated LONGi's commitment to enhancing Sino-Australian cooperation in clean energy through partnerships with local universities and research institutions. One such partnership has been established with the University of New South Wales (UNSW), focusing on developing high-efficiency PV technologies and green energy solutions.

In recent years, LONGi has achieved significant milestones, including world-record solar cell efficiencies. These accomplishments not only set benchmarks in the industry but also underscore the company's dedication to pushing the boundaries of renewable energy innovation. Zhong expressed confidence that technological advancements would play a pivotal role in overcoming energy demands through improved efficiency and sustainability.

Australia's Role in the Energy Transition

Reflecting on the broader energy landscape, Australia’s commitment to renewable energy has solidified its position as a leader in solar technology adoption. Notably, solar power accounted for a staggering 80.5% of electricity supply in Western Australia at one time, highlighting the strong public acceptance and active participation in renewable initiatives.

The Australian government has set ambitious targets, aiming for 82% of its electricity to originate from renewable sources by 2030. In this context, LONGi’s strategic move into green hydrogen and green methanol signifies a proactive approach to enhancing Australia's energy transition. By converting low-cost clean energy into versatile energy forms, LONGi aims to contribute further towards the global shift towards sustainable energy practices.

Conclusion

As the partnership between LONGi and Australian enterprises grows, Zhong Baoshen emphasized the promising future ahead. With conducive policy support, innovative technologies, and infrastructural development, both nations are set to make substantial progress towards a sustainable energy future. LONGi is committed to working closely with its strategic partners in Australia to collectively achieve these goals, thereby ensuring a more sustainable world through clean energy solutions. LONGi's vision of making the best use of solar energy drives its efforts to help build a greener and more sustainable future, not only for Australia but for the entire planet.

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