CHG New Energy Showcases Breakthroughs in Renewable Technology

The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change served as a global stage for advancing energy sustainability and innovation. Among the key participants was CHG New Energy Holdings Group, Ltd. (01735.HK), a leading force in renewable energy, which highlighted its cutting-edge contributions to a sustainable future.

Dr. Liu Zhifeng Unveils Breakthrough Solar Technology

Dr. Liu Zhifeng, General Manager of CHG EnSOL Renewable Technology Co., Ltd., a subsidiary of CHG New Energy, captivated the audience with a keynote address focused on the company’s innovations. Dr. Liu introduced the “Gemini” series of n-TOPCon solar cells, achieving an unprecedented photovoltaic conversion efficiency of 26.72%.

He emphasized the potential of deploying this technology in regions like Azerbaijan, where favorable sunlight conditions could lower the levelized cost of electricity to an estimated 1.2 cents per kilowatt-hour. This advancement, he noted, could transform regional energy systems and accelerate global clean energy adoption.

Low-Carbon Industrial Parks in the Spotlight

CHG’s innovative low-carbon industrial parks also garnered attention during COP29. These integrated solutions, combining power generation, grid connection, load balancing, and energy storage, are operational in key locations such as Huainan (Anhui Province), Nantong (Jiangsu Province), and Damao Banner (Inner Mongolia Autonomous Region).

The projects demonstrate CHG’s commitment to sustainable urban development and economic empowerment, particularly in underserved regions. By exporting expertise to sunlight-rich but economically underdeveloped areas, the company aims to foster self-reliant, low-carbon energy ecosystems globally.

Commitment to Global Carbon Reduction

Reinforcing its philosophy of “responsibility comes from within,” CHG New Energy emphasized its dedication to driving carbon reduction and green energy transformation. With a focus on advanced photovoltaic manufacturing, integrated energy solutions, and low-carbon operations, CHG is poised to make a significant impact on the global energy transition.

Dr. Liu concluded by reaffirming CHG’s mission to leverage cutting-edge technologies and sustainable practices to protect the environment, ensuring a cleaner, greener future for generations to come.

Key Highlights:

• Gemini Solar Cells: Achieved 26.72% efficiency, setting new benchmarks in solar technology.
• Azerbaijan Potential: Could reduce electricity costs to 1.2 cents per kWh.
• Industrial Parks: Operational in multiple Chinese cities, offering scalable low-carbon solutions.
• Global Mission: Aims to empower developing countries with sustainable energy ecosystems.

CHG’s initiatives at COP29 underscore its position as a global leader in renewable energy innovation and its unwavering commitment to combating climate change.