Throughout the course of history

China's new energy industry

has emerged as a vibrant force

in the green transformation of global energy

leading the world in multiple domains

China boasts the largest installed capacity of renewable energy globally

and has the fastest development rate

It has established the most extensive and complete

new energy industrial chain in the world

Our wind power and PV products

have been exported to over 200 countries and regions

The IRENA's report

the Renewable Energy Capacity Statistics 2024

indicated that

over the past decade

the average cost per kilowatt-hour of global wind and PV power generation

has decreased by over 60% and 80%, respectively

largely attributed to

China's innovation, manufacturing, and engineering

As for China's new energy vehicles

in the past ten years

the annual production and sales of NEVs have surged from tens of thousands to tens of millions

with products exported to over 70 countries and regions

becoming a remarkable emblem of "Made in China"

......

From inception to expansion, from weakness to strength

and now to a world-class scale

China's new energy industry has developed rapidly

and become a significant driver of the global energy's green transformation

We will present a series of images

to introduce you to these globally popular

{China's New Specialty Products}

{Polysilicon}

Tongwei's high-purity crystalline silicon has maintained the largest global market share for several consecutive years

with over 99% of its products meeting monocrystalline requirements

and some reaching electronic-grade semiconductor silicon material standards

Its electronic-grade polysilicon products are exported overseas in batches

marking a milestone in China's intelligent manufacturing sector for high-purity crystalline silicon production

Once, polysilicon was a weak link in China's PV industry, with China's polysilicon production accounting for only 0.3% of the global silicon consumption for PV cells in 2005. Over a decade later, China's polysilicon production capacity now holds a 95% share of the global market.

{High-Efficiency Cell Panels}

TW Solar

has an output capacity exceeding 140GW

and has ranked first in global shipments for seven consecutive years

In 2023, China's exports of the "three new products" represented by EVs, lithium batteries, and PV products surpassed the RMB 1 trillion mark for the first time. In 2024, China's PV products have consistently exported over RMB 200 billion for four consecutive years, providing green energy to the world.

{High-Efficiency Modules}

Tongwei's module shipments have ranked among the top five globally

with products sold in over 70 countries and regions worldwide

While its collaborations have been established with partners

across Europe, Asia-Pacific, the Middle East, South America, and Africa,

Tongwei is continuously expanding the global network.

By 2024, China has established the largest and most complete new energy industry chain in the world, with PV module production leading globally for 16 consecutive years, supplying 70% of the world's PV modules. China's wind and PV products has been exported to over 200 countries and regions worldwide.

{New Energy Vehicles}

In 2024

China's automobile production and sales exceeded 31 million units

with new energy vehicles surpassing 12.8 million units in both production and sales

maintaining the world's leading position for ten consecutive years

It took China 27 years to produce its first new energy vehicle and reach the 10 million mark; however, it only took 17 months to go from 10 million to over 20 million. In 2024, sales of new energy vehicles in China reached 12.888 million units, accounting for 70.7% of global sales.

{New Energy Storage}

In 2024, China's cumulative installed capacity for power storage exceeded 100 gigawatts for the first time

From January to October 2024, Chinese companies produced

over 200 GWh of energy storage lithium batteries in the global market

with an expected annual production exceeding 300 GWh

In 2024, "developing new energy storage" was included in the government work report for the first time, heralding a new phase of development for the energy storage industry. By the end of 2024, the installed capacity of new energy storage in China is expected to surpass that of pumped storage. According to CNESA forecasts, the installed capacity of new energy storage in China is expected to exceed 100 million kilowatts by 2025.

China's new energy industry

not only provides a viable energy alternative

for the world

enhancing and diversifying energy supply

but also assists relevant countries

in fulfilling their commitments of carbon peaking and carbon neutrality

and achieving the global goals of the Paris Agreement

thereby promoting the global low-carbon transition and green development process