As the company celebrates its 20th anniversary, how is CHINT Green Energy responding to solar PV market fluctuations to maintain profitability?

Dr. Lu: Since entering the renewable energy sector in 2006, CHINT has recognized that the solar industry is cyclical. That’s why we’ve been committed to building a more resilient business model from day one — not chasing short-term growth but building for the long haul.

Today, CHINT operates an end-to-end value chain, from silicon materials and wafers upstream, to solar cells and modules, inverters and BESS, as well as to project development, EPC, and O&M downstream. This integrated approach creates strong industrial synergies and equips us to navigate market cycles with greater confidence.

CHINT is also the only enterprise group globally listed in BloombergNEF’s Tier 1 rankings for PV modules, inverters, and energy storage simultaneously — a reflection of our global competitiveness and long-term credibility.

What is CHINT’s vision for the next five-to-ten years, and how will you drive new growth?

Dr. Lu: Looking ahead, we see several strategic areas that will shape CHINT’s next phase of growth: complementary energy systems, green fuels, virtual power plants, and zero-carbon industrial parks.

We believe the future energy system will rely on more integrated solutions. We see strong potential in hybrid systems combining solar, storage, and wind to deliver a more stable and cost-effective power supply, especially for markets with weak grids or high diesel dependency.

On the green fuels side, we are exploring the conversion of biomass waste into green LNG and green methanol to support industrial decarbonization.

In virtual power plants, CHINT has a meaningful first-mover advantage, supported by a flexible, distributed generation base and a strong distributor network that connects a large SME customer base. We are also piloting zero-carbon industrial parks and direct green electricity supply models at our factories in Zhejiang, China, which will serve as proving grounds for solutions we intend to replicate at scale across China’s industrial sector.

As an enterprise with a full-industry-chain layout, what is CHINT’s overall strategy in the green energy sector?

Dr. Lu: CHINT always takes a long-term and disciplined approach to developing its renewable energy business. With end-to-end capabilities across the entire value chain, we can create stronger synergies across our business and deliver more competitive solutions to customers. Rather than pursuing rapid expansion for its own sake, we concentrate on creating sustainable value and maintaining strategic discipline.

What opportunities lie ahead for the PV industry as the global energy transition accelerates and progress continues toward carbon neutrality goals?

Dr. Lu: Over the next five years, global demand for renewable energy is expected to remain robust, driven by energy security concerns, cost competitiveness, and net-zero commitments. In China, the industry is transitioning from policy-backed growth to market-oriented mechanisms, marking a broader shift from “industrializing renewable energy” to “renewables reshaping industry.”

Future competition will no longer be limited to standalone solar or storage products. Instead, the market will increasingly value integrated energy solutions, cross-sector collaboration, and efficient utilization of green electricity. Meanwhile, emerging sectors such as green hydrogen and green methanol are also creating significant new opportunities for the industry.

How will CHINT seize these opportunities?

Dr. Lu: In hydrogen, our focus will be on hydrogen production equipment and integrated system solutions, while strengthening key technologies and materials across the value chain to enhance competitiveness.

We also see strong potential in combining renewable energy with emerging industrial applications. One example is our 5 MW project in South Australia, where solar power is combined with computing infrastructure to improve energy flexibility and reduce exposure to electricity price volatility.

We are also expanding into backup energy storage solutions for AI data centers, and other high-energy-demand applications. With our strong technical expertise in power and energy solutions, CHINT has supported several data center projects and sees significant long-term opportunities.