Dual Carbon Era: Green Future – Launch of the 2025 Huaxia Dual Carbon Energy Development Conference
This March, as nature revives, the 2025 Huaxia Dual Carbon Energy Development Conference is set to take place. Reflecting on the past, this conference has been held three times, with the Huaxia Times collaborating with industry associations, professional institutions, and leading clean energy companies to contribute to the establishment of a new power system and the exploration of high-quality energy development.
The conference will commence on the afternoon of March 27, 2025, at the Beijing National Conference Center. This event is a sub-forum of the 15th China International Clean Energy Expo, co-hosted by the Huaxia Times and the Capital Institute of Science and Technology Development Strategy (CISTDS), with support from the Huaxia Dual Carbon Energy Research Institute and the Energy and Industry Working Committee of the China International Investment Promotion Association, among others. Numerous leading companies, including Yunda Co., Ltd., Tongwei Co., Ltd., Chint New Energy, JA Solar Technology, JinkoSolar, and LONGi Green Energy, are providing support for this event.
The theme of the conference is “Green Future in the Dual Carbon Era”. It will gather many top energy experts, scholars, and leading companies to discuss topics such as breaking through the limits of competition and the role of AI in reshaping the new energy sector, while analyzing new opportunities for the development of the clean energy industry.
Historic Opportunities for Clean Energy
The year 2025 marks the conclusion of the 14th Five-Year Plan. For clean energy, particularly represented by wind, solar, and hydrogen, this period has brought unprecedented historic opportunities, with new installed capacities reaching record highs. As we approach the end of 2025, the growth in new clean energy capacity is expected to peak again.
In 2024, China is projected to add 370 million kilowatts of renewable energy capacity, maintaining a strong growth trajectory similar to that of 2023. In recent years, clean energy has played an increasingly vital role in China’s power system. Last year, significant efforts were made to promote energy conservation and carbon reduction in key industries, advancing the development and utilization of new energy sources, with non-fossil energy accounting for nearly 40% of total power generation.
In the wind energy sector, both installed capacity and bidding scale are set to increase in 2024. Large offshore wind projects are reopening turbine and construction tenders, and large-scale offshore wind projects are being competitively bid in areas such as Zhejiang and Shanghai. Due to a doubling of bidding in the wind energy sector in 2024, 2025 is anticipated to be a major year for installations.
In the photovoltaic sector, installed capacity and battery technology continue to advance. 2024 is expected to see an addition of 278 million kilowatts of solar power capacity, a year-on-year increase of 28%, with 159 million kilowatts from centralized solar and 118 million kilowatts from distributed solar. The total photovoltaic power generation is projected to reach 834.1 billion kilowatt-hours, a 44% increase from last year, with a utilization rate of 96.8%. Additionally, technologies such as TOPCon, HJT, and BC batteries are experiencing rapid development, particularly HJT and 0BB technologies, which are gradually replacing traditional PERC technology, while outdated capacities continue to be phased out by the market.
In the energy storage sector, by the end of 2024, China’s cumulative power storage capacity is expected to exceed 100 gigawatts for the first time, reaching 137.9 gigawatts. The installed capacity of new energy storage will surpass that of pumped storage, with significant contributions from energy storage paired with new energy sources and independent energy storage.
In hydrogen energy, both the cost of hydrogen production and storage are decreasing in 2024. The technologies for hydrogen production, transportation, and application are maturing, making hydrogen energy increasingly prominent as a storage medium and chemical raw material.
Necessity for Industry Self-Regulation
However, with the concentrated release of production capacity, the wind and solar energy storage industry has fallen into a cycle of “internal competition”, leading to a sharp decline in product prices. Companies have resorted to bidding below cost. In response, the industry has initiated a self-regulation movement, with solar and wind energy associations organizing discussions among leading companies to address this issue. In mid-October 2024, the solar association, along with 16 leading photovoltaic companies, reached a consensus to strengthen industry self-regulation and prevent “internal competition” from escalating into harmful practices. The solar association urged companies to participate in market competition legally and compliantly, avoiding sales and bids below cost and outlining component cost prices.
On October 16, 2024, 12 wind turbine manufacturers signed an industry self-regulation initiative, and on November 15, during the sixth wind power enterprise leaders’ forum, 40 companies advocated against low-price competition. The government is also guiding the market towards orderly competition to prevent vicious competition. Since May 2024, the photovoltaic industry has introduced numerous policy documents aimed at enhancing technical standards, combating below-cost competition, and regulating local investment promotion policies, thereby reasonably guiding the construction and release of upstream photovoltaic capacity and preventing the repetitive construction of inefficient capacities.
The government work report for 2025 proposes to eliminate bottlenecks in market access and element allocation that hinder economic circulation and comprehensively address “internal competition”. This marks the first time the government work report has called for comprehensive regulation of internal competition. Many industry insiders have told the Huaxia Times that the current photovoltaic industry is experiencing typical “internal competition”, and the government report’s focus on comprehensive regulation accurately captures the industry’s pain points, significantly promoting healthy development.
As 2025 begins, positive signals are emerging in new energy policies, particularly regarding the regulation of distributed photovoltaic development and the full marketization of new energy grid pricing. The 2025 Huaxia Dual Carbon Energy Development Conference will also unite leading companies across various clean energy sectors to advocate for healthy and sustainable development through initiatives addressing internal competition, industry self-regulation, increased innovation, and enhanced quality and efficiency.
Discussing New Development Paths for the Industry
The “30-50” dual carbon goal is approaching, and the industry must break through internal competition while enterprises seek new opportunities. Technology continues to advance, and the new power system is accelerating its formation. In this context, the Huaxia Times, in collaboration with professional institutions and leading companies, is launching the 2025 Huaxia Dual Carbon Energy Development Conference to provide insights for the healthy and sustainable development of the industry. Participating units include the Capital Institute of Science and Technology Development Strategy (CISTDS), the Huaxia Dual Carbon Energy Research Institute, the Energy and Industry Working Committee of the China International Investment Promotion Association, and numerous leading companies like Yunda Co., Ltd., Tongwei Co., Ltd., Chint New Energy, JA Solar Technology, JinkoSolar, and LONGi Green Energy.
This conference will focus on the latest industry developments, technological frontiers, and the most pressing industry topics. Questions to be discussed include: How can policies support the absorption of downstream electricity? What impact will the current surge in demand for distributed photovoltaic systems have on the photovoltaic industry’s development this year? What opportunities will offshore wind power encounter in the concluding year of the 14th Five-Year Plan? How can new energy leverage AI to reshape industry dynamics? What strategic goals are leading companies in wind, solar, and hydrogen aiming to achieve? While these topics may not perfectly illustrate the past, present, and future of the clean energy industry, they are sure to spark fresh thoughts and clarify the industry’s outlook.
The conference will also feature ceremonies for the issuance of expert appointments by the Huaxia Dual Carbon Energy Research Institute and the release of excellent case studies from the new engine index. It will receive extensive coverage from multiple mainstream media outlets, with live broadcasting conducted by the Huaxia Times WeChat Video Account and simultaneous reposting across all media platforms.
