Chinas new energy international cooperation achievements

Chinas new energy international cooperation achievements

According to reports, in the first three quarters of 2019, China's solar cell module export volume increased to 58G watts, compared with only 41.6G watts in 2018. Among them, Europe accounted for 34.9% of export sales in the first three quarters.

According to reports, China State Grid Corporation has signed a commitment to support a new type of power interconnector between the Greek mainland and Crete, which is expected to release more solar power capacity on the island and help Greece change Its target power load. By 2028, Greece is expected to phase out coal.

According to reports, China has helped implement two renewable energy projects in the Almaty region of southern Kazakhstan, namely the construction of a 5 MW wind farm and a 1 MW solar power station. After the two countries reached an agreement in 2011, China donated free of charge new equipment for building wind farms and solar parks.

China New Energy is serving the global energy transition and green sustainable development with a new attitude of contributing to the world, providing green energy to the countries related to the 'The Belt and Road Initiative', and continuously strengthening high-quality international cooperation with promising results and promising prospects.

In recent years, China's new energy international cooperation has mainly focused on photovoltaics, hydropower and wind power. Among them, the international cooperation in photovoltaic and wind power is wider. China supplies green energy products to dozens of countries around the world, provides corresponding solutions, and provides investment or financing for some projects. At the same time, China has begun to make positive contributions to the countries involved in the “Belt and Road Initiative” in addressing climate change and ensuring green energy supply.

With the further advancement of the 'The Belt and Road Initiative' initiative, the 'going out' of the new energy industry from point to surface, presents a full-brand, global expansion, with distinctive features such as wide geographical coverage, rich cooperation models, and continuous improvement of cooperation content. China's new energy 'going global' generally manifests itself in four forms of cooperation:

Chinese companies promote overseas general contracting and financing of new energy projects. They mainly undertake engineering design and construction of new energy projects in related countries. Representatives include China Power Construction Corporation and China Energy Construction Corporation.

Chinese companies invest or acquire new energy power station projects overseas, and mainly use mergers and acquisitions in Europe, Oceania, and Latin America.

New energy companies mainly focus on photovoltaic modules and battery factories in border peripheral factories, of which the solar power inverter project has an influence in India. In terms of overseas locations for photovoltaic manufacturing projects, Chinese new energy companies are deeply cultivating Southeast Asian markets. Vietnam, Malaysia, and Thailand are key areas, accounting for about 60% of China's total photovoltaic overseas factories.

Develop a new form of international cooperation for 'new energy design +'. China's power design is another focus of China's new energy going global. By strengthening the integration of resources for overseas wind power projects, taking new energy project design as the starting point, and deepening the business of new energy project general contracting and small-scale investment, China is integrating and opening up the new energy industry chain around the world.

Under the current international situation, China's new energy high-quality international cooperation has obvious comprehensive advantages:

First, China's new energy industry chain has taken the lead in the world, especially China's photovoltaic industry chain has global value. In the photovoltaic industry, China is the only country in the world with the ability to invest from upstream materials to midstream modules to downstream power stations. Chinese companies have 60% to 70% of the global photovoltaic industry chain resources, which are essential and important resources for the development of new energy globally. In addition, China's wind power industry has 40% of the global industrial chain resources, and China's comprehensive hydropower capacity can account for 70% of the world's total.

Second, China's new energy has a large international investment space and outstanding potential. At present, China's photovoltaic and wind power plants account for 30% of the world's total installed capacity. The installed capacity of these two industries at the end of 2019 is close to 600G watts. As of September 2019, China's photovoltaic power plants have installed 190G watts and wind power has reached 198G watts. Chinese enterprises have huge power investment and investment capabilities. In the future, if China's overseas investment in new energy reaches 10% of the world, the scale of Chinese companies' overseas photovoltaic and wind power investment will reach at least 80G watts, and the overseas market demand for wind power and photovoltaic investment will reach at least $ 50 billion.

As China continues to open wider to the outside world, China's new energy high-quality international cooperation ushers in new opportunities. In the new situation, China should increase the proportion of renewable energy projects in the 'The Belt and Road Initiative' related projects and actively expand the application of green and renewable energy sources such as photovoltaics and wind power in the 'The Belt and Road Initiative' related countries. Chinese enterprises should also assume more social responsibilities and expand more cooperation space in the 'The Belt and Road Initiative' countries.

In addition, Chinese companies participating in the new energy international cooperation related to the 'The Belt and Road Initiative' need to adapt to local conditions and adopt different market strategies in different regions and national markets. Chinese companies need to focus on the new energy market in Southeast Asia and even the Asia-Pacific region. This is an important position for international cooperation in China's new energy industry. At the same time, Chinese enterprises need to strengthen cooperation in photovoltaic and solar thermal projects in the Middle East and North Africa, international cooperation in offshore wind power between Europe and China, and new energy cooperation in Latin America. In addition, in the international cooperation in the new energy industry, China should pay attention to strengthening the construction of risk prevention mechanisms to prevent the adverse effects of geopolitics on corporate investment and other issues.