LONGi Chairman Zhong Baoshen Attends Boao Forum for Asia, Emphasizing Strengthened China-Australia Collaboration in Clean Energy
BOAO, China, March 30, 2025 – The Boao Forum for Asia 2025 Annual Conference took place from March 25 to 28 in Boao, Hainan, China, focusing on the theme “Asia in the Changing World: Towards a Shared Future.” Zhong Baoshen, Chairman of LONGi, was invited to participate in the China-Australia Business Leaders Forum on March 26, addressing the topic of “Deepening China-Australia Cooperation to Foster an Open Economy.” During his participation, Zhong discussed ongoing and future initiatives in renewable energy, highlighting opportunities for regional trade growth, increased scientific collaboration, and progress in global energy transitions.
Zhong emphasized LONGi’s proactive approach in leveraging the open economic landscape provided by the Regional Comprehensive Economic Partnership (RCEP). He noted that RCEP supports sustained regional trade and investment expansion, particularly enhancing cooperation between China and Australia in renewable energy fields. The Memorandum of Cooperation signed between China and Australia in June 2024 has improved conditions for investment and trade, particularly benefiting photovoltaic (PV) and other clean energy sectors. Australia, with its significant solar resources, benefits from LONGi’s high-efficiency PV modules, building-integrated photovoltaic (BIPV) products, and hydrogen production technology supplied through LONGi’s Australian subsidiary. The company plans to further optimize its global supply chains through RCEP, expanding its market footprint and collaboration with local businesses to support Australia’s carbon neutrality ambitions.
Addressing the creation of unified Environmental, Social, and Governance (ESG) standards between China and Australia, Zhong affirmed LONGi’s commitment to common standards, which would streamline certification, carbon accounting, and supply chain management, thereby boosting investment and trade efficiency. LONGi is already dedicated to 100% renewable energy manufacturing via initiatives such as RE100, EP100, EV100, and Science-Based Targets initiative (SBTi). These commitments underscore LONGi’s efforts to reduce carbon footprints across its production processes, enhancing the sustainability and ecological value of its products in Australia’s renewable energy landscape. Additionally, LONGi advocates stronger bilateral cooperation in green finance and carbon trading, including instruments like green bonds and carbon credits, to ensure sustained financial backing for renewable energy developments.
In his concluding remarks, Zhong highlighted the importance of technological innovation in driving sustainable growth within the photovoltaic industry. He reiterated LONGi’s dedication to deepening scientific and technological cooperation with Australian institutions, universities, and enterprises, fostering advanced research into efficient and sustainable solar technologies. LONGi has maintained a strategic partnership with the University of New South Wales (UNSW) since 2018, collaborating extensively in developing high-efficiency solar technologies, renewable energy optimization, and specialized training. Notably, LONGi’s industry-leading achievements, including a world-record monocrystalline silicon cell efficiency of 27.30% and a crystalline silicon-perovskite tandem cell efficiency of 34.6%, have received recognition from UNSW’s Professor Martin Green, renowned globally in photovoltaics.
Australia’s prominent position in rooftop solar energy adoption, including peak solar contributions reaching 80.5% in Western Australia’s power supply, demonstrates strong public acceptance of renewable energy. The government’s ambitious target of sourcing 82% of its electricity from renewables by 2030 further underscores Australia’s renewable energy potential. Recognizing the limitations of electricity in fulfilling broader energy needs, Zhong noted LONGi’s strategic expansion into green hydrogen and green methanol production. This expansion allows the conversion of affordable renewable electricity into more versatile energy formats, enhancing LONGi’s contributions to global energy transitions and its future growth prospects.
Moving forward, LONGi remains committed to collaborating closely with strategic partners in Australia, supported by conducive policies, improved infrastructure, and continuous technological advancements, fostering Australia’s steady progress towards sustainable and clean energy futures.
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