Hanergy Li Hejun Ushers in Mobile Energy Era and Launches Thin-film Innovation Competition

BEIJING, Feb. 4, 2015 /CNW/ -- Today, Hanergy Thin Film Power Group Ltd. held a mobile energy strategy presentation and the launch ceremony of its global thin-film solar product innovation competition. Mobile energy, as envisioned by Hanergy, is a novel concept and strategic judgment based on the global energy development trend.

Through its world-leading thin-film solar technology, Hanergy will help mankind enter the mobile energy era and lead a revolution in the way energy is generated and used.

In his keynote speech Hanergy Chairman Li Hejun pointed out that with mankind's continuous progress and the accelerated development of science and technology, traditional energy structures and energy utilization patterns are undergoing disruptive change. Mobile energy has the potential to revolutionize our energy systems, and Hanergy will take the lead in creating a global mobile energy era through thin-film solar power.

Li Hejun's vision of mobile energy aligns with the idea of humans being able to directly harness the sun's energy in much the same way green plants use chlorophyll. With cutting-edge features such as flexibility, light weight, superior low light performance, and diversified colors and shapes, thin-film solar technology is widely applicable to a variety of fields such as distributed power generation, mobile 3C products, wearable devices, fully solar-powered automobiles, solar-powered unmanned aerial vehicles and satellites.

Mobile energy is based on distributed power generation technology and integrated with technologies including energy storage, mobile Internet, and controlled data tracking to make highly-efficient and consistent mobile energy supply a reality for everyone.

Growing environmental pressure and depletion of fossil fuels will help drive the demand for electric vehicles and the mobile energy systems that power these vehicles. Highly mobile and adaptable thin-film solar technology is the best solution for these demands and will form a new pillar of growth in the "new normal" phase of China's economy.

The current market penetration of electric cars worldwide is more than 400,000, a number expected to reach 5-10 million by 2020. Leveraging thin-film technology, Hanergy is cooperating with three foreign and two domestic car design institutions to develop fully solar-powered cars. Three to five new models will be released in October this year. According to calculations, when a one-ton car is integrated with six square meters of Hanergy's highly-efficient gallium arsenide flexible thin-film module, it can travel 80 to 100 kilometers on an average of four hours of sunlight per day. The solar car market has huge potential as it is expected to reach 46 GW by 2020.

The electronic devices market, another important mobile energy application field, is expected to include over 6 billion smartphones globally by 2020. The power consumption of a smartphone is about 4 kWh each year; so the overall power consumption of 6 billion smart phones will surpass 24 billion kWh. If tablet computers are taken into account, the total power consumed will be approximately equivalent to a half-year's energy output of the Three Gorges Dam Hydroelectric Power Plant.

During the unveiling of Hanergy's mobile energy strategy, its global thin-film solar product innovation competition was also officially launched. With "Leading Thin-Film Solar & Creating a Mobile Energy Era" as its theme, the competition aims to stimulate scientific innovation in the mobile energy era, and promote diversified applications of thin-film technology through cross-field cooperation.

The competition is open to product developers, R&D institutions, designers, engineers, teachers and students from design colleges and anyone else who is interested and passionate about design and creativity. The topics cover six industries including architecture, transportation, electronics, home use, fully solar-powered automobiles and others. Applicants can choose from any topic and submit as many entry works as they want.

To encourage global design experts' participation in the competition, Hanergy has prepared generous awards. The winner of the highest honor of the competition - Hanergy Dream Award - will be awarded 1 million RMB. In addition, the competition sets up a variety of awards such as the Gold Award, Silver Award, Best Creativity Award and Best Charity Award under each theme.

For more information, participants can visit the competition's official website http://tfaward.hanergythinfilmpower.com.

SOURCE Hanergy Thin Film Power Group Ltd.

For further information: Nick Compton, +86 10 83914567, Nicholas.Compton@hanergy.com, http://tfaward.hanergythinfilmpower.com

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