LONGi Displays Latest Hi-MO 6 Series Modules at COP27

The 27th United Nations Climate Change Conference (COP27) was held in Sharm EI Sheikh, a coastal city in Egypt, from November 6 to 18 amid significant global attention.

Li Wenxue, Vice President of LONGi, virtually attended a sideline meeting themed 'Green Finance and Chinese Industries Tackling Climate Change' and released the 2^nd White Paper on Climate Action to the world.

"Climate change is a common challenge, and it is related to the sustainable development of all humankind," Li Wenxue said in his speech, adding that the current state of global climate change has changed from a future challenge to an immediate crisis. According to the Intergovernmental Panel on Climate Change (IPCC) report, in order to achieve the goal of limiting global warming to 1.5 degrees Celsius, global greenhouse gas emissions need to reach a peak in 2025 and reduce by nearly half in 2030. Urgent actions are required to prevent the severe climate impacts caused by global warming by promoting a green, low-carbon transition through aggressive emission reduction measures.

Li Wenxue stressed that in the face of the crisis brought about by climate change, replacing traditional energy with renewable energy is a key step in the green and low-carbon transformation.

As per predictions, by 2030, the annual new photovoltaic installed capacity in the world will need to reach 1,500-2,000GW to form an effective support for the global energy transformation, thus laying the foundation for achieving global net zero emissions, which will be 10 times the new installed capacity of global photovoltaic in 2021.