LONGi chairman emphasizes deepening collaboration in clean energy with Australia
- Zhong Baoshen participated in the China-Australia Business Leaders Forum on March 26, discussing the renewable energy sector.
- LONGi is supplying high-efficiency photovoltaic modules and hydrogen production equipment to Australia, enhancing the local clean energy market.
- The discussions at the forum emphasize the need for technological collaboration and the establishment of unified ESG standards to support renewable energy investment.
In Boao, China, from March 25 to 28, 2025, the Boao Forum for Asia 2025 Annual Conference convened under the theme 'Asia in the changing World: Towards a shared Future.' Shortly before this event, on March 26, Zhong Baoshen, the Chairman of LONGi, participated in the China-Australia Business Leaders Forum. During the forum, discussions focused on enhancing cooperation between China and Australia to promote a more open economy. Zhong shared insights on how the renewable energy sector can contribute to regional trade and investment growth, stressing the importance of strengthening technological collaboration in various fields, such as environmental protection and energy systems optimization. Significantly, partnerships designed to bolster investment and service trade conditions in the clean energy industry have emerged from the Free Trade Agreement between China and Australia, which was signed in June 2024. This agreement is enhancing conditions for cleaner and more renewable resources through innovations in technology and improved market access. For LONGi, which is a global leader in solar technology, these changes are vital, especially considering Australia’s vast solar potential. The company is actively supplying high-efficiency photovoltaic (PV) modules and hydrogen production equipment to strengthen the local renewable energy market. Zhong Baoshen also highlighted the urgent need for coordinated Environmental, Social, and Governance (ESG) standards between the two countries. He underscored LONGi’s goal of supporting unified green standards to mitigate uncertainties in certification and carbon accounting, which will ultimately enhance investment and trading efficiency in renewable energy projects. LONGi is dedicated to a 100% renewable energy manufacturing process, aiming to foster eco-friendly production methods while reducing its carbon footprint. Furthermore, the company promotes innovative financial tools such as green bonds and carbon credit mechanisms to facilitate ongoing investment in renewable energy initiatives. The collaboration with the University of New South Wales, started in 2018, emphasizes LONGi's commitment to long-term technical partnerships in Australia. This includes research on high-efficiency PV technologies and optimization strategies for renewable energy systems. Among their joint efforts is a research project focused on 'PV-Powered Water Treatment Systems,' demonstrating a practical application of photovoltaic technology in environmental conservation. Overall, the dialogue initiated at the forum represents a significant step towards strengthening the bonds between China and Australia in the realm of clean energy technology and sustainability initiatives, driving both nations closer to a successful energy transition.