Dr Jeremy Rifkin: "China is very likely to play a leading role in the Third Industrial Revolution"

9 September 2013

BEIJING: Today our Beijing office and member Hanergy hosted a forum with Dr Jeremy Rifkin on catalyzing businesses and governments to achieve the 'Third Industrial Revolution' -- a sustainable future for China that is built on clean energy solutions.

Hanergy Holding Group, the multinational clean energy generation company and world's largest thin-film solar company, today hosted the forum at its Beijing headquarters in cooperation with The Climate Group.

Dr. Jeremy Rifkin, renowned economist, economic trend expert and principle visionary behind the concept of the book "The Third Industrial Revolution", joined the forum as the guest of honor.

Sustainable future

The forum brought together more than 20 of China’s top thought-leaders, policymakers, entrepreneurs and representatives of non-profits to discuss how governments and businesses can work together to promote and achieve a sustainable future, built on clean energy solutions. Gathered expert institutions included Development Research Centre of the State Council, the Chinese Academy of Sciences, the State Grid Energy Research Institute and the Beijing Low Carbon Clean Energy Research Institute.

Commenting on China's role in the ‘Third Industrial Revolution’, Dr. Rifkin said: "Internet communication technology is converging with renewable forms of energy, giving rise to a Third Industrial Revolution in the 21st Century. China is now at an interesting crossroads – on the one hand it's the world's largest coal producer with the highest carbon emissions, at the same time the country has unraveled abundant renewable resources such as solar and wind. It clearly has the political will and the thriving business environment to pioneer new energy application breakthroughs. China is very likely to play a leading role in the Third Industrial Revolution, and take Asia and the rest of the world into the next great economic era."

Leading businesses

Mr. Li Hejun, vice chairman of the All-China Federation of Industry & Commerce and chairman of Hanergy, concurred: "As the world joins hands to advance the Third Industrial Revolution, China is uniquely positioned to be a leader in this transformation. One of the key driving forces of the Third Industrial Revolution is new energy and the PV industry is already at the forefront of it. Hanergy is fully committed to solar energy development, and I believe thin-film and flexible substrate technology are the ultimate solutions for the solar PV industry in the future. We are convinced it is a question of when, not if, renewable forms of energy, led by solar, will completely replace traditional fuels."

He added: "The thin-film PV technology that Hanergy has adopted has uniquely advantageous characteristics including high flexibility, light weight, complete absence of a carbon footprint and cost-effective power generation. It has broad applications, for example, in large scale projects like BIPV. The market potential for thin-film PV technology in China alone is over RMB1 trillion (US$163 billion) and the indirect market potential surpasses RMB3 trillion (US$489 billion). Hanergy has enjoyed business success in recent years and our strategy of global technology integration has positioned us to create comprehensive, large-scale systems that can power meaningful and impactful changes for society."

Changhua Wu, Greater China Director, The Climate Group, stated: "I totally echo the key messages communicated in this room on China and the Third Industrial Revolution. China today is at a critical juncture when its economy, instructrialisation and urbanization is transforming towards a resource-efficient, environmentally-friendly, and clean energy-powered structure. It requires a grand new clean energy infrastructure that would support such a transformation. This is challenging today, but more importantly, an opportunity that shall not be missed when China is well-positioned to be a leader in the Third Industrialization."  

Photos from the event

Related news:

China and US agree on phase-down of potent GHGs at G20 Summit

China's power market to double by 2030, led by renewables

Beijing unveils new package of measures to curb pollution


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