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Bilateral cooperation

China's photovoltaic and global energy transformation bilateral cooperation

The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), which was postponed for one day, has finally come to an end due to disagreements over fossil fuels and other related statements. In the end, delegates agreed on a roadmap for a "transition away from fossil fuels."


There is no direct reference to the long-standing call to "phase out oil, coal, and gas". But UN Secretary-General Antonio Guterres said that after years of obstruction, "fossil fuels" as the main cause of climate change were finally mentioned in the outcome document. He stressed the need to end the fossil fuel era in a just and equitable manner.


From November 30 to December 12, 2023, COP28 will be held in Dubai, United Arab Emirates. For the first time, this conference will conduct a global inventory of climate action progress since the signing of the Paris Agreement, and provide information for the subsequent development of emission reduction action targets and policies.


China's Special Envoy for climate change, Xie Zhenhua, mentioned in an interview with the media, "One of the important contributions of the Paris Agreement is to point out the general direction for the global green low-carbon transition, and also clear the transition path, which is an essential part of the energy transition, the international community to replace this fossil energy with clean and efficient renewable energy, which is the ultimate goal." "


The energy transformation of replacing fossil energy with clean renewable energy is an inevitable trend in the future. Since adopting the United Nations Framework Convention on Climate Change at the United Nations Headquarters in New York in 1992, global renewable energy has developed rapidly. Among them, the cost of photovoltaic power generation has dropped by more than 90% in the past decade and has become the main force of renewable energy, which has become an important path for the world to reduce carbon emissions and respond to climate change.


Chinese companies play an important role in this process. Since the beginning of the 21st century, Chinese enterprises have promoted continuous technological innovation in all links of the photovoltaic industry chain through high-intensity research and development investment, leading the development of the global photovoltaic industry, and ultimately allowing photovoltaic power generation to enter the era of parity. At the same time, Chinese photovoltaic companies are also actively participating in the COP conference to contribute ideas for tackling climate change.

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