Time: December 9, 2023, 16:00-17:30 (Dubai Time)

Background

With the global focus on achieving carbon neutrality, the importance of green industries in the economic landscape is growing rapidly. (1) From an investment standpoint, it is projected that the total global energy investment will reach US$2.8 trillion by 2023. Clean energy investment is expected to increase by 24% compared to 2021, reaching more than US$1.7 trillion. The investment in the photovoltaic (PV) industry is expected to reach US$380 billion, which could surpass investment in oil production for the first time. (2) In terms of country contribution, since 2021, China, the United States, and the European Union have been responsible for more than 90% of the increase in clean energy investment.

The trend of anti-globalization is on the rise, and many countries are now placing greater emphasis on supply chain and energy security. Major economies like the United States and Europe have introduced significant industrial and trade policies such as the IRA and the CBAM. It remains to be seen how these policies will impact the global PV industry trade pattern and investment pattern, and whether they will reshape the competitive landscape of the global photovoltaic industry in the long run. China is a key player in this industry, and it is important to understand how it is dealing with uncertainties and challenges.

At the same time, the increasing rate of new PV installed capacity has not kept pace with the speed of cost decline and production capacity expansion. Taking China as an example, new distributed grid-connected projects will be stopped especially when the distribution grid capacity is insufficient to absorb. Distributed PV, which accounts for nearly 50% of China's new PV installations, is considered to be the way with the most potential to develop renewable energy in the eastern and central regions. How to further accelerate the deployment of distributed PV? What practical cases or experiences can you share from an enterprise perspective?

EF China is partnering with WBCSD and Yabuli China Entrepreneurs Forum to bring together experts, businesses, and institutional representatives from around the world to discuss and promote sustainable development of the global PV industry and distributed PV. The conference will focus on topics such as accelerating the deployment of distributed PV and the development of the PV industry.