NET ZERO CHINA’s Post

[Towngas Smart Energy’s first quasi-REITs listed on Shenzhen Exchange] Our subsidiary, Towngas Smart Energy, has officially listed its first “Zero-Carbon Smart Phase 1 Asset-Backed Securities Programme (Carbon Neutral)” (quasi-REITs) on the Shenzhen Stock Exchange, celebrated with a listing ceremony on 8 January. The programme successfully raised RMB515 million, marking the initial issuance under a RMB5 billion shelf offering. This marks a significant milestone as the first successful quasi-REITs issuance by a Hong Kong-invested company on the Chinese mainland. It also stands as the market’s first quasi-REITs product focusing on industrial and commercial distributed photovoltaic and energy storage facilities. It also represents the market’s first quasi-REIT product focusing on industrial and commercial distributed photovoltaic and energy storage facilities. The capital raised will be directed towards renewable energy projects, including rooftop solar photovoltaic power generation and energy storage stations. This initiative not only supports the wider adoption of green energy but also positions Towngas Smart Energy to seize new opportunities arising from China's energy transition. We are committed to strengthening partnerships with the Shenzhen Stock Exchange, investment institutions, and intermediaries to develop diverse financing channels, working together towards a zero-carbon future under the banner of “Achieving Zero-Carbon Together, Creating Shared Success.” #Towngas #TowngasSmartEnergy #ZeroCarbon #SustainableDevelopment #RenewableEnergy #GreenInvestment

Expanding Horizons in the MENA Region 🌍✨ At WFES 2025, AIKO Energy proudly signed a partnership agreement with ERA Africa. This collaboration focuses on two key areas: distribution cooperation with ERA Africa and EPC project development with AR Solaire. Together, we aim to drive the adoption of solar energy and create sustainable energy solutions across the Middle East and North Africa. Stay tuned for more updates as we continue to empower the region with innovative solar solutions. #AIKOEnergy #WFES2025 #SolarEnergy #MENARegion

Africa's utility sector faces unique challenges, from grid instability to extreme weather conditions. In response, Huawei Digital Power has introduced its innovative Six Dimensions of Reliability, designed to address these issues head-on. These solutions aim to enhance grid stability, ensure operational continuity, and support Africa’s transition to renewable energy. By combining cutting-edge technology with a deep understanding of the continent's energy landscape, Huawei continues to drive sustainable energy solutions that align with Africa's development goals. 📖 Read more about how Huawei Digital Power is reshaping utility reliability across Africa: Huawei’s Six Dimensions of Reliability #HuaweiDigitalPower #Huawei #RenewableEnergy #SolarPower #UtilitySolutions #AfricaEnergy #Sustainability #ESIAfrica

AFRY's Latest Independent Market Report for Singapore (2024 Q3) is now available! We are excited to announce the release of AFRY’s Independent Market Report, offering a deep dive into Singapore’s evolving electricity market. Our updated market analysis follows the latest developments shaping Singapore's electricity market: ⚡ Recent RFPs for new generation capacity 🔹 Singapore is gearing up for more generation capacity in the coming years. 🔹 In 2023, the Energy Market Authority (EMA) launched its inaugural Request for Proposal (RFP) in two decades under the new Centralised Process Framework, underscoring Singapore's commitment to maintain a reliable and secure power system. The RFP was awarded to YTL PowerSeraya for a new hydrogen-ready 600MW CCGT, slated to be completed by the end of 2027. 🔹 In 2024, EMA issued a second RFP for two additional 600MW CCGT units with hydrogen-ready capabilities, targeting operation by 2029-2030 to meet Singapore’s growing energy demand. ☀️ Solar adoption 🔹 Recent years have witnessed an acceleration in solar capacity in Singapore, driven primarily by rooftop solar installations and bolstered by initiatives such as the SolarNova program. 📈 Interconnects and power imports 🔹 As part of Singapore’s energy transition, the government recently raised its target for low-carbon electricity imports to 6GW by 2035, up from its initial 4GW target announced in 2021—with the increase also reflecting the growing momentum of cross-border electricity import projects. 💲 Recent electricity price trends 🔹 The USEP has eased from its peaks in late 2021 and early 2022, with the moderation also supported by a series of measures rolled out by the EMA to stabilise prices and enhance Singapore’s energy security. Backed by over 25 years of experience in Asia and globally, AFRY has been active and committed to supporting investors and stakeholders in navigating the Singapore gas and electricity market. Our long-term electricity model is built on a detailed analysis of the key drivers including economic and policy factors as we also continuously advance our modelling capabilities. Our market report and projections are independent, trusted, and bankable. ❓ Learn More For more information about our AIM Report or other capabilities in the Singapore market, please contact Marnix Schrijner and Wendy Yong to discuss further. #makingfuture #energytransition #decarbonisation #renewableenergy

China stands as a global leader in #solarenergy, producing over 80% of the world's solar panels and continuously expanding its installed solar capacity, with more than half a Terawatt installed in total by the end of 2023.☀️ China could have as much as 1,000 GW of solar power alone by the end of 2026 out of 11,000 GW of #renewables needed globally to meet Paris Agreement targets by 2030, underscoring its commitment to sustainable energy.⚡ The Chinese #rooftop segment, driven by both residential and commercial & industrial (C&I) sectors, held a 54% market share in 2022, showcasing the advantages of solar #energy for people. In 2023, #distributedPV reached a historical level with 96GW installed. Solar is affordable, clean, reliable, and helps Chinese families and businesses bring down their energy bills. 🏢 Despite this growth, challenges persist with regional variations in #grid connection processes and local regulatory hurdles, highlighting the need for infrastructure enhancements to support continued expansion. Learn more on how distributed PV empowers people in China with our report: 👉 https://lnkd.in/eQkeC2aQ #Solar2people

Unlock Africa’s Renewable Energy Potential! Indian companies in solar, electrical, T&D, batteries, wind energy, and EV sectors—here’s your opportunity to shine on a global stage! Join us at the 27th edition of The Future Energy Show & Solar & Storage Live Africa, taking place from 25th to 27th March 2024 in Johannesburg, South Africa. 20,000 Professional Visitors/ Buyers 650 Exhibitors 200 Speakers 40 African Countries Deal Makers Hub Guest Buyer Program Installers Awards & Installers Univercity CPD Certification Why Participate? > Secure Export Orders: Showcase your innovative solutions to a wide audience of African energy decision-makers. > Find Local Partners: Connect with African Project Developers, distributors, partners, and industry leaders involve in REIPPP projects, The World Bank #Mission300 Hybrid Solar Mini Grid projects. > Expand Your Global Footprint: Be part of the region’s largest energy platform and make your mark in one of the fastest-growing energy markets. Africa is embracing a renewable future, and your expertise can lead the way! Don’t miss this chance. 📩 Limited space available! Contact us now to secure your participation. Let’s power the future together! Gina Bester, Solar & Storage Live Africa, NSEFI - National Solar Energy Federation of India, Waaree Group #SolarEnergy #RenewableEnergy #IndiaToAfrica #ExportOpportunities #FutureEnergyShow

Under the global trend of net zero carbon emissions, Southeast Asia has abundant sunshine, rapid economic growth, and rising demand for green electricity brought about by industrial transformation. #Photovoltaic has become the main force in the development of #renewable energy in the region. Five major photovoltaic demand countries, including Vietnam, Thailand, Malaysia, the Philippines and Singapore, are expected to drive Southeast Asia to become one of the key photovoltaic markets with a series of favorable policies recently introduced. Overall, Southeast Asia has economic growth, policy promotion and support from international funds, coupled with grid absorption problems and competitive pressure from other energy sources. InfoLink predicts that the photovoltaic demand in Southeast Asia will fall between 4.5-7.4 GW in 2024, and the long-term demand is expected to grow to 9.7-12.9 GW. It is expected that the Southeast Asian photovoltaic market will maintain steady growth in the next few years and become an important part of the global energy transformation. #SunproPower #Solar #PVmarket

🚀 #Egypt’s Rising Electricity Costs Drive #Solar Adoption: Is Your Business Ready? 🌞 As #Egypt faces increasing #electricity_prices, #solar_energy is emerging as a powerful solution to lower costs and ensure energy #sustainability. With global #PV installations projected to surpass 500GW in 2024, Egypt is positioning itself as a leader in the North African #renewable_energy market. Solar & Storage Live Egypt 2025 is the premier platform for businesses to connect with decision-makers and explore how solar solutions can mitigate rising energy expenses. This event offers a unique opportunity to showcase your expertise and help #Egypt transition to a more sustainable energy future. Let’s connect and discuss how you can take advantage of this market shift and position your brand for success in Egypt’s evolving energy landscape. #SolarEnergy #Egypt #RenewableEnergy #ElectricityPrices #Sustainability

LONGi Ranks 178th on 2024 Fortune China 500 list The world-leading solar technology company, LONGi Green Energy Technology Co., Ltd., is pleased to announce that the company has achieved a significant milestone by ranking 178th on the prestigious 2024 Fortune China 500 list. Since its first inclusion in the Fortune China 500 in the year of 2017, LONGi has remained on the list for eight consecutive years. This recognition underscores the company’s unwavering commitment to innovation, sustainability, and excellence in the renewable energy sector. In 2023, LONGi achieved a revenue of 129.498 billion yuan, continuing to maintain a scale of a hundred billion in revenue. The net profit attributable […] Read the full story here: https://lnkd.in/dG8q_yy7 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asia #china #fortunechina500 #fortuneranking #longi #moduleshipment #pvmodules #r&d #renewableenergy #revenuegrowth

China’s Solar Dominance: Is the Global PV Supply Chain Ready for 2025? 🌞 With over half of the world’s Tier 1 solar manufacturers based in China, the country continues to shape the future of the solar industry. From cutting-edge PV technologies like TOPCon and HJT to the strategic localization of supply chains in Southeast Asia, Chinese companies remain pivotal. 🌍 But what does this mean for global energy security and innovation? Will increasing competition from regions like India and the EU shift the balance? Can manufacturers keep up with rising demands for sustainability and efficiency? 💡 I’d love to hear your thoughts: How do you see China’s role evolving in PV manufacturing by 2025? What strategies should other markets adopt to stay competitive? 👀 Stay tuned—I’ll soon share an in-depth analysis of these trends and what’s next for solar energy globally. #SolarEnergy #ChinaPV #RenewableEnergy #SupplyChain #Sustainability