Mobile energy and thin-film solar power generation will become the new driving force of China's economic growth, with a market value of 8 trillion yuan ($1.28 trillion) in three to five years, said Li Hejun, a member of the National Committee of the Chinese People's Political Consultative Conference on Monday.
Li, chairman of the China New Energy Commerce Chamber and president of Hanergy Holding Group, a Beijing-based energy company focusing on solar and hydropower, said mobile energy, as a green industry, is related to five sectors of the nation's new strategic industries: new energy, electric cars, new materials, high-end equipment manufacturing and environmental protection. It will change logistics and distribution of the traditional energy sector, he said.
"The conversion rate of thin-film solar power generation has reached 30 percent, which means the cost will fall as usage grows in future," he said. "Chinese companies have world-level technology of thin-film solar generation by acquiring several foreign companies and are making efforts to make it on a commercialized scale."
Li suggested the government should support the mobile energy industry which will become a strong brand for China.
"Thin-film technology and mobile energy is not a concept, but a reality which is happening," he said.
Li said earlier that Hanergy will produce new energy cars entirely run on solar power in October and that the company has already developed ways of installing thin-film solar panels in clothes, backpacks, tents and phones.
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