Renewable energy is on the rise and Australian companies are eyeing Chinese business opportunities
As a senior industrial consultant to the Australian Trade Commission, Robert Richardson, together with the Australian Delegation of Renewable Energy and Energy Technology last week, went to China to showcase the great potential of Australian technology. After visiting Beijing's Miyun County, Robert Richardson actually felt China's efforts in energy conservation, emission reduction, and development of renewable energy. In an interview, he said he is very optimistic about China's renewable energy market.
Australian companies are optimistic about China's business opportunities Silex Solar in Sydney operates the largest solar panel production facility in Australia. In Australia, the current cost of photovoltaic power generation is about twice as high as that of coal, but 90% of Silex's products are domestic and in short supply.
Dr. Michael Goldsworthy, CEO of Silex Systems Ltd., told the China Economic Times reporter why the Australians are willing to use solar energy:
On the one hand, most people in Australia live in bungalows and it is easy to install solar energy. On the other hand, in order to support the development of the solar industry, the government adopts subsidies to encourage family use, strives to reduce social costs, and helps companies concentrate their efforts on R&D. To reduce costs.
According to Michael Goldsworthy, the efficiency of the PV cell panel technology owned by the company has reached 40%, which exceeds that of silicon and is 4 times higher than the efficiency of the membrane. This is very beneficial for the large-scale use of solar energy.
Due to the reduction in mass production and material costs, coupled with the increase in photovoltaic conversion efficiency, the cost of photovoltaic generation is becoming lower and lower. "In the next four years or so, the price of photovoltaic electricity will be the same as ordinary electricity. The development of the Australian solar energy industry will no longer require the support of the government," he predicted.
Although the products are mainly sold in Australia, the number of fast-growing solar companies in China has already made Michael Goldsworthy feel that China has actively supported the development of the solar energy industry.
As a major producer of solar energy products in the world, China is exporting solar energy products to Australia while studying solar energy technology in Australia. The focus on advanced technologies and the development of clean energy applications are the key advantages of the Silex Group.
Michael Goldsworthy hopes to introduce and apply new technologies to places with strong sunshine in the western, central and northern regions of China. In his opinion, these technologies will be very competitive.
In fact, there is more than Silex in the Chinese market. At present, the Chinese market is waiting for the introduction of solar energy policies. Many companies believe that once the solar energy industry policy is clearly defined and improved through legislation, China's solar energy market will soon open, and the potential of the market will be very large.
“The purpose of the Australian renewable energy delegation's visit to China is to seek opportunities for cooperation with Chinese companies in the near or longer period.†Robert Richardson told the China Economic Times reporter that the Chinese market is very broad. Australian companies can use a variety of methods to cooperate with Chinese companies.
It is reported that the trip to China is the first joint activity between the Australian Renewable Energy Center and the Australian Trade Commission.
The technology trade is in the ascendant Emily Kennedy, assistant manager of the Renewable Energy Center in Australia, told the China Economic Times that in order to accelerate the development of renewable energy, Australia gives large-scale financial support for renewable energy projects and encourages enterprises to use renewable energy.
However, she also said that Australia still faces problems such as high costs and difficulties in accessing renewable energy. Due to the high costs of technology and promotion, Australia is not bad in the research and development of renewable energy technologies, but the degree of large-scale commercialization and market utilization is not high.
Some members of the delegation believe that China’s large-scale production and use of renewable energy sources may promote the development of renewable energy technologies, make the level of technology better and better, and at the same time reduce the cost of renewable energy use.
Their reason for investing in China is because: On the one hand, China is the fastest growing country in the world. It has advantages in manufacturing, has a huge market share, and faces environmental crisis. On the other hand, China is a country in Australia. Important trading partners, while Australia has some advanced technologies and experience in renewable energy, and it is possible to have extensive cooperation with China in the future and use it in the Chinese market.
At present, China has become Australia's largest trading partner. “The bilateral trade volume between Australia and China has already exceeded A$80 billion. If we can achieve 100 billion Australian dollars this year, it would be nice.†Du Dawei, Commercial Counselor of the Australian Trade Commission, told the China Economic Times.
However, he said that China's trade environment is very good, but there are some changes now.
“Sometimes, when talking about business with Chinese companies, some Chinese companies are no longer talking more about funds, but are more welcome to introduce technology and external partners,†Du Dawei said.
In fact, China’s market demand for technology has already emerged. For example, in the field of renewable energy, China's solar water heater manufacturing, photovoltaic cell production, many companies use technology from Australia, many solar energy company executives also graduated from Australian universities.
"Technology trade still has a lot of room for development." For example, Du Dawei, environmental protection tailings disposal, land and water restoration, water planning, water treatment, and green building in architectural design are all very good technical fields. And Australia is very competitive.
“Although China and Australia have started trade in renewable energy, the prospects are good,†Du Dawei said.
Australian companies are optimistic about China's business opportunities Silex Solar in Sydney operates the largest solar panel production facility in Australia. In Australia, the current cost of photovoltaic power generation is about twice as high as that of coal, but 90% of Silex's products are domestic and in short supply.
Dr. Michael Goldsworthy, CEO of Silex Systems Ltd., told the China Economic Times reporter why the Australians are willing to use solar energy:
On the one hand, most people in Australia live in bungalows and it is easy to install solar energy. On the other hand, in order to support the development of the solar industry, the government adopts subsidies to encourage family use, strives to reduce social costs, and helps companies concentrate their efforts on R&D. To reduce costs.
According to Michael Goldsworthy, the efficiency of the PV cell panel technology owned by the company has reached 40%, which exceeds that of silicon and is 4 times higher than the efficiency of the membrane. This is very beneficial for the large-scale use of solar energy.
Due to the reduction in mass production and material costs, coupled with the increase in photovoltaic conversion efficiency, the cost of photovoltaic generation is becoming lower and lower. "In the next four years or so, the price of photovoltaic electricity will be the same as ordinary electricity. The development of the Australian solar energy industry will no longer require the support of the government," he predicted.
Although the products are mainly sold in Australia, the number of fast-growing solar companies in China has already made Michael Goldsworthy feel that China has actively supported the development of the solar energy industry.
As a major producer of solar energy products in the world, China is exporting solar energy products to Australia while studying solar energy technology in Australia. The focus on advanced technologies and the development of clean energy applications are the key advantages of the Silex Group.
Michael Goldsworthy hopes to introduce and apply new technologies to places with strong sunshine in the western, central and northern regions of China. In his opinion, these technologies will be very competitive.
In fact, there is more than Silex in the Chinese market. At present, the Chinese market is waiting for the introduction of solar energy policies. Many companies believe that once the solar energy industry policy is clearly defined and improved through legislation, China's solar energy market will soon open, and the potential of the market will be very large.
“The purpose of the Australian renewable energy delegation's visit to China is to seek opportunities for cooperation with Chinese companies in the near or longer period.†Robert Richardson told the China Economic Times reporter that the Chinese market is very broad. Australian companies can use a variety of methods to cooperate with Chinese companies.
It is reported that the trip to China is the first joint activity between the Australian Renewable Energy Center and the Australian Trade Commission.
The technology trade is in the ascendant Emily Kennedy, assistant manager of the Renewable Energy Center in Australia, told the China Economic Times that in order to accelerate the development of renewable energy, Australia gives large-scale financial support for renewable energy projects and encourages enterprises to use renewable energy.
However, she also said that Australia still faces problems such as high costs and difficulties in accessing renewable energy. Due to the high costs of technology and promotion, Australia is not bad in the research and development of renewable energy technologies, but the degree of large-scale commercialization and market utilization is not high.
Some members of the delegation believe that China’s large-scale production and use of renewable energy sources may promote the development of renewable energy technologies, make the level of technology better and better, and at the same time reduce the cost of renewable energy use.
Their reason for investing in China is because: On the one hand, China is the fastest growing country in the world. It has advantages in manufacturing, has a huge market share, and faces environmental crisis. On the other hand, China is a country in Australia. Important trading partners, while Australia has some advanced technologies and experience in renewable energy, and it is possible to have extensive cooperation with China in the future and use it in the Chinese market.
At present, China has become Australia's largest trading partner. “The bilateral trade volume between Australia and China has already exceeded A$80 billion. If we can achieve 100 billion Australian dollars this year, it would be nice.†Du Dawei, Commercial Counselor of the Australian Trade Commission, told the China Economic Times.
However, he said that China's trade environment is very good, but there are some changes now.
“Sometimes, when talking about business with Chinese companies, some Chinese companies are no longer talking more about funds, but are more welcome to introduce technology and external partners,†Du Dawei said.
In fact, China’s market demand for technology has already emerged. For example, in the field of renewable energy, China's solar water heater manufacturing, photovoltaic cell production, many companies use technology from Australia, many solar energy company executives also graduated from Australian universities.
"Technology trade still has a lot of room for development." For example, Du Dawei, environmental protection tailings disposal, land and water restoration, water planning, water treatment, and green building in architectural design are all very good technical fields. And Australia is very competitive.
“Although China and Australia have started trade in renewable energy, the prospects are good,†Du Dawei said.
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