Envision Energy SVP Kane Xu Highlights Technology Innovation as a Key Driver for Renewable Energy at COP29

November 19, 2024 09:48 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

BAKU, Azerbaijan, Nov. 19, 2024 /PRNewswire/ -- The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) is underway in Baku, Azerbaijan. Kane Xu, Senior Vice President of Envision Energy and President of International Business Product Line, was invited to the conference and participated in panels on global climate governance as a representative of leading global renewable energy enterprises.

At the panel The Great Wind Re-set: Getting Wind Energy Back on Track for a 1.5°C World, organized by the Global Wind Energy Council(GWEC), Kane Xu highlighted that technological innovation was the key to accelerating the clean energy transition. The 1.5°C target, proposed by the International Renewable Energy Agency (IRENA) in 2023, advocates for a tripling of global renewable energy capacity by 2030 to limit global warming within 1.5°C. However, according to GWEC, achieving the target of 2.7 TW of installed wind capacity by 2030 will be challenging due to the current slowdown in global wind power growth.

Kane emphasized that continuous innovation in renewable energy technologies is key to reaching this goal. This includes making wind turbine designs more modular to address transportation challenges posed by larger turbines, ensuring that turbine raw materials are more environmentally friendly, improving the efficiency of renewable energy generation, and ensuring grid stability and security when integrating renewable energy at large scale - all of which are achievable through technological innovation.

"To build global support for wind energy's mission, we must unite innovation, policy, and people—driving equitable access to clean power, fostering cross-border collaboration, and ensuring every turbine turns for both progress and the planet, all while tackling the global climate crisis and addressing the challenges of energy transition." said Kane.

Additionally, at the invitation of Azerbaijan, the host country of COP29, Kane attended panel Driving Sustainable Water and Energy Transitions, where he shared his insight on how innovations in wind energy and energy storage are already paving the way for enhancing renewable energy efficiency, reducing carbon emissions from desalination, and driving a sustainable global transition. He emphasized Envision's commitment to contributing to the global green transition by offering innovative solutions in wind turbines, energy storage, and green hydrogen, all aimed at the mission to solve challenges for a sustainable future.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.