On May 31, The Seventh China Energy Industry Development Annual Conference, along with a sub-forum commemorating the 15th anniversary of China Energy News, the Middle East Energy Investment Forum, was held in Beijing. This forum was co-sponsored by China Energy News and AIM Global Foundation, focusing on the theme “Promoting Energy Science and Technology Innovation to Build a Financial and Industrial Platform.” The event aimed to foster an exchange platform for investment, financing, innovation, and development between Chinese and Middle Eastern enterprises and institutions, promoting multilateral cooperation to enhance the energy production and finance ecosystem. James Jin, President of the MEA&CA region of LONGi Green Technology Co., Ltd., attended the forum.
James highlighted that, over the past decade, advancements in R&D and innovation have led to an over 89% reduction in the kilowatt-hour cost of solar PV generation. He emphasized that China’s photovoltaic industry has progressed rapidly, establishing solar energy as the most competitive and sustainable green energy source. The global photovoltaic installation capacity has surged in the past two years, with an anticipated growth rate of 25%-29% over the next decade. In 2023, LONGi invested 5%-7% of its annual revenue into R&D.

Exploring Green Business Opportunities in the Belt and Road Initiative – LONGi Participates in The Middle East Energy Investment Forum
