DUBAI, UAE, Dec. 14,
2023 /PRNewswire/ -- On December 9, NaaS
(NASDAQ: NAAS), the first U.S. listed EV charging service company
in China, in collaboration with
China Association for NGO Cooperation and 21st Century
Business Herald, held a top-level forum themed around "Opportunity
and Practical Experience on China's Market in the Wave of New Energy" at
China Pavilion, Blue Zone of the 28th Conference of the
Parties (COP28) under the United
Nations Framework Convention on Climate Change (UNFCCC). The
forum is intended to make China's
new energy practice cases known in the world and tap into space and
potential in the future of new energy.
Wang Xiangyi, Secretary-General of CANGO and Yang Fuqiang,
Distinguished Research Fellow (DRF) of Institute of Energy, Peking
University graced and addressed the forum. "There is still a long
way to go for the development of new energy in China, but there is no end to technical
development. We have a bright future," said Mr. Yang. Besides,
Zhai Yubo, General Manager of
NewLink Carbon-Neutrality Business, shared NaaS Practice in
Development of International New Energy Market; amidst
roundtable session, Miao Hong, WRI Sustainable Investment Program
Director, Liang Xi, Tenured Professor of Sustainable Transitions in
Construction and Infrastructure of University College London,
Zhou Nan, Senior Tenured Scientist
at Lawrence Berkeley National Laboratory, Lin Xiao, Founder & CEO of Botree,
John Sayer, Deloitte CarbonCare Asia
Executive Director and other luminaries engaged in discussion and
presentation of "China's New
Energy Enterprises Going Global" and "Opportunity of China-UAE New
Energy Business Cooperation".
Mr. Zhai defined transport as a crucial area of carbon
emissions, accounting for 1/4 of the world's total carbon
emissions. By 2035, the number of EVs will be on a par with that of
ICE vehicles in China, indicating
40 million-50 million chargers in demand. And in consequence, EV
charging service, EPC service and O&M service market segments
will expand. By 2030, China's
charging pile market alone will draw investment approximating
RMB 3 trillion.
Against the backdrop of "carbon peaking and neutrality" era and
trend of electricity taking over from oil, NaaS persists in
promoting electric, digital and green development of transport
energy, taking digital and intelligent measures. Leveraging big
data, AI and other technologies and algorithms, NaaS is setting in
place an online/offline hybrid EV charging and service network. "We
are hastening digitization of transport energy and diffusing our
practical experience around the world, with plans afoot to propel
development of participating countries through South-South
cooperation and Belt & Road cooperation." Mr. Zhai added, "As
the 'connector' of the industry, NaaS links together all NewLink
BUs, bridges the gap of government agencies, enterprises,
universities, and research institutions, and creates an industry
chain ecosystem, so as to play a greater part in transport energy
transformation. Seizing the opportunity of sharing and co-creation
at today's session, we'd like to navigate more energy solutions and
bring new energy development to a new level."
As of September 30, 2023, NaaS
connected 73,000 charging stations and 767,000 chargers, suggesting
YoY increase of 76% and 65% respectively. For energy conservation
and emissions reduction, NaaS engaged in an innately "green" sector
has made ESG part of its development philosophy since its
inception. Till the first half of 2023, NaaS curtailed 1.463
million tons of carbon emissions.
At roundtable session, guests exchanged views on "China's New Energy Enterprises Going Global".
In terms of offshore investment and financing for new energy
enterprises, John Sayer, Deloitte
CarbonCare Asia Executive Director, identified inconsistency
between banking financial investment departments and new energy
projects and advised to forge multilateral platforms such as new
development banks, regional development banks and related service
providers, thereby powering development of green energy projects.
Liang Xi, Tenured Professor of Sustainable Transitions in
Construction and Infrastructure of University College London, noted
that "new energy financing cost in Western countries is way lower
than that of China", necessitating
actions to lower financing cost for offshore new energy
development, establishing a more inclusive fault tolerance
mechanism and renovating foreign exchange control. Miao Hong, WRI
Sustainable Investment Program Director pointed out challenges in
renewable energy power station projects, including prohibitive
preliminary development cost, local technical incompetence, etc.,
"MDB (multilateral development bank) and other international
establishments are capable of continuously giving support to
developing countries in preliminary project development, project
risk identification and financial synergy, along with coordination
in high efficiency. And trust relevant departments and local
related parties can play a greater part in distributed new energy
projects. Only with concerted effort can China contribute to global sustainability with
greater share on international renewable energy market."
With regard to after-sales service and recycling of renewable
energy infrastructure, Lin Xiao,
Founder & CEO of Botree, acknowledged extended producer
responsibility (EPR) and closed-loop product recycling as a
daunting challenge to Chinese enterprises required to ensure supply
of products to global customers while building global service
network tailored to meet local requirements of diverse countries,
"Essential for relying upon existing local collection networks is
tighter international cooperation". Zhou
Nan, Senior Tenured Scientist at Lawrence Berkeley National
Laboratory, stressed robust demand for new technology in order to
realize the goal of limiting global warning to 1.5°C, regardless
challenges in application of new technology, such as eye-watering
price, policy failure, and vulnerability to market fluctuation, 'We
will finally make it by furthering international cooperation,
strengthening ties between government and market and establishing
incentive and reward/punishment mechanisms."
Speaking of "China-UAE New Energy Cooperation", guests present
unanimously agreed that UAE in the Middle
East is an oil-rich place and pool of PV, wind and other
types of new energy, from which a host of new energy use cases will
generate. For bilateral cooperation, definition, standard and
classification of green energy shall be unified in the first place,
based on which, efforts shall be put forth in strengthening
collaboration in capital and technology and nurturing some
enterprises and projects concerned. Last but not least, related
project practices will be promoted around the world to accelerate
new energy development.
NaaS, a global new energy asset operator, provides one-stop
services for new energy industries, including siting consultation,
EPC, operation & maintenance, energy storage, PV and automatic
charging robots, to boost industrial efficiency by leveraging
digital technologies and AI. As of September
30, 2023, NaaS connected over 767,000 chargers covering
73,000 charging stations; in the third quarter of 2023, NaaS'
charging volume leaped 66% year over year to 1.383 billion kWh,
representing 21.8% of the public charging volume in China. During COP28, Chinese firms engaged in energy
digitization, typified by NaaS, provided reference and experience
in promoting green reform and sustainability pattern. Looking
ahead, NaaS will ensure continuity of technical upgrading and model
innovation, with a view to heading for "zero-carbon" green future
at full throttle.
Media Contact: Sabrina
Wang, wangxuedong@newlink.com
View original
content:https://www.prnewswire.com/news-releases/cop28-highlight-naas-held-enterprise-association-academy-research-hybrid-forum-for-seeking-opportunity-of-china-uae-cooperation-in-new-energy-302015079.html
SOURCE NaaS Technology Inc.