17th Green Energy Expo closes successfully
[ Jane Lee 2020-07-20 ]  
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The 17th International Green Energy Expo which splendidly on July 15 at EXCO Daegu ended after a three-day campaign.

On July 14, one day before the event, the government announced the transition from a carbon-dependent economy to a low-carbon economy, and displayed △Green Remodeling △Green Energy △Eco-friendly Future Mobility △Green Smart School △Digital Twin △SOC Digitization △Smart Green Industrial Complex as the businesses to focus on, the industry paid more attention to this exhibition, where you can see the latest technologies of renewable energy in one place.

Green Energy Expo, held for the 17th time this year, was co-hosted by Daegu and Gyeongbuk Province, and organized by five associations like Korea New & Renewable Energy and KOPIA as well as KOTRA and EXCO to conduct various events including exhibitions and conferences.

Due to COVID-19, the event was held for the first time in two-track form, online and offline with △Online Export Consultation △Opening EXCO TV Live Broadcast and △Conference On/Offline Simultaneous Session. Also, for buyers who could not attend the exhibition, about 20 companies and new product promotion interviews were uploaded in real-time in YouTube channel.

In this year's show, 160 companies from 20 countries exhibited in 500 booth scale. Seven of the top 10 solar cell and module manufacturers like Hanwha Q CELLS, Jinko Solar, JA Solar, TRINA Solar, LONGi, Suntech, and Risen Energy and world-class inverter manufacturers like Sungrow, Huawei, Sineng, and Goodwe participated to successfully shift the global market. In particular, Sungrow with the inverter certification in Korea made better performance than expected from the on-site consultations and decided to exhibit next year and GS Global, GCL, and Schletter also confirmed their participation as sponsors in 2021.

Also, attention has been focused on SMEs in regions with technological and market competitiveness. Twenty Daegu companies participated, including Seochang Electric Communication, Ajin Solartech, and Dongjin ENG, taking in 66 booths. In Gyeongbuk, 19 companies including Ebisu Industry, AjuSS, and Korea Solar Energy participated, taking 40 booths.

Some of the outstanding regional companies that exhibited include Duksan Cotran with its ESS cooling system, Techen with its PV hybrid LED street light, STX Heavy Industries with its home hydrogen fuel cell system developed with domestic technology, and Seochang Electric Communication, the company that seeks to transform itself into an energy solution company with its ESS and IoT network technology.

On the first day of the exhibition, Overseas Buyer Online Export Consultation was held online with KOTRA to help Korean companies enter the global market. Over 54 foreign buyers from 19 countries including China, Saudi Arabia, and India participated to resolve the dilemma of domestic companies that were not able to find export paths due to COVID-19. Through this export consultation, 79 consultations amounted to approximately $90 million, with the estimated contract amount of $20 million.

The "Photovoltaic Market Insight Conference," held in online and offline sessions on July 15 and 16, had 26 global leaders from 5 countries as speakers to talk about the global market, policy and technology trends in different areas, spotlighting the present and future of the renewable energy. In particular, as the Ministry of Environment and the Ministry of Trade, Industry and Energy announced the green energy project for fostering new and renewable energy industry ecosystem as a green new deal plan detailed plan on July 16, participants had eyes on the conference where the future green new deal policy was introduced through lectures. Bloomberg NEF analyzed mainly on the global PV market with the theme of the post COVID-19 era response strategy, followed by the current status by continents, the Americas, Asia, and Europe. Especially, the farming and floating type solar sessions, which are pioneering fields in the PV field, received continuous attention, and Planair Sa, which was invited from Switzerland, received a lot of favorable attention by introducing PV hybrid technology cases as the technology trend of the future PV.

Most companies that participated in this exhibition said that it was difficult to meet overseas buyers due to COVID, but online export conferences greatly helped to find overseas exports and market development. They were especially satisfied at the thorough quarantine procedures and the chance to share new technology among same industry, and 95% of the participating companies praised this year's Green Energy Expo. More than 70% of the companies signed up for next year's event. Astronergy, SMA, and Dong Yang E&P that did not participate this year due to COVID-19 also confirmed attending the event next year.

CEO Seo Jang-eun said, "Many participants visited the exhibition to find new opportunities in COVID-19 situation. While other exhibitions were canceled, the International Green Energy Expo provided an opportunity to find new breakthroughs through the exchange of information on innovative products and technologies. In the future, we will try to make Daegu International Green Energy Expo the global business of future clean energy industry."

Global News Network 'AVING'
by Jane Lee (www.aving.net)

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