GCL Co-Hosts 2016 International Forum on Energy Transitions to Build Greener and Cleaner Tomorrow

SUZHOU, China, Nov. 10, 2016 /CNW/ -- The 2016 International Forum on Energy Transitions, jointly hosted by National Energy Administration (NEA), the International Renewable Energy Agency (IRENA), and Golden Concord Holdings Limited (GCL) (GCL System Integration Technology's parent company), was held last week in Suzhou, China. Government officials, scientists and industry leaders gathered at the forum to exchange views on energy revolution and to forge a collective response to climate change.

As representative of the energy sector, GCL was invited to share its industrial perspective on the prospect of China's renewable energy.

Zhu Gongshan, Chairman of GCL, shared statistics indicating that renewable energy was leaning towards a more central position in China's energy landscape. "This is the synergy of spreading the concept of sustainability and enhancing photovoltaic efficiency," said Mr. Zhu. "As an industry leader, GCL has the influence to streamline the entire supply chain and achieve synergy, and thus fundamentally uplifting efficiency."

In addition, GCL, along with other photovoltaic manufacturers, has been playing an active role in advocating economical solar power for the Chinese national grid. "Through joint efforts, the cost of polysilicon to make PV modules has been largely reduced," added Zhu. "We hope everyone will enjoy green and affordable power in China in the near future."

Taking place shortly after the Paris Agreement, the forum served as a significant platform for transforming Chinese and even global energy systems in the direction of cleaner, lower-carbon sources. The meetings initiated experience sharing of energy transition worldwide, along with in-depth discussion on the route-map of China's energy transition and development and emphasized that sustainable energy must be cleaner, accessible and affordable for all, which makes renewable energy suppliers a key player in the country's energy transition.

As the forum's co-host, GCL this year built a customized "Future Energy Pavilion" to demonstrate the evolution of energy sources in human history, which also includes an immersive smart energy city experience center. The pavilion was later selected as the forum's permanent venue.

About GCL-SI

GCL System Integration Technology Co., Ltd. (002506 Shenzhen Stock) (GCL-SI), is part of the GOLDEN CONCORD Group (GCL), an international energy company specializing in clean and sustainable power production, founded in 1990. With global assets worth nearly USD16 billion, the combined companies delivered over 2 GW of modules globally in 2015, and currently supply more than 30% of all polysilicon and wafers utilized in the solar industry.

About GCL

GCL is an integrated energy group that specializes in clean, efficient and new energy. Since its foundation, GCL has committed itself to "Bringing Green Power to Life" by providing supreme energy and delivering first-rate services. With a total asset value of almost RMB 200 billion, GCL owns holding shares in five listed companies, including GCL-Poly Energy Holdings Ltd. (3800.HK), GCL New Energy Holdings Ltd. (0451.HK), and GCL System Integration Technology Co., Ltd. (002506.SZ).

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SOURCE GCL System

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