Against the backdrop of China embarking ona new journey of comprehensively building a socialist modernized country andadvancing towards the second centenary goal, new energy will also shoulder anew historical mission, contributing to the construction of a new power system,accelerating the green and low-carbon transformation of energy, and building acommunity of human and natural life.
The achievements in the development of newenergy in our country are evident to all. In the first three quarters of thisyear, the proportion of new energy installed capacity exceeded 76%. As of theend of September, the installed capacity of new energy accounted for about49.6% of China's total installed capacity, exceeding that of thermal power. Theinstalled capacity of wind power and photovoltaic power has ranked first in theworld for 13 consecutive years and 8 consecutive years, respectively.
At the beginning of the reform and openingup, the field of new energy in China was almost blank. After 45 years of hardwork and perseverance, the new energy industry has overcome obstacles andembarked on a winding and magnificent path of development.
45 years ago, the development of China'ssolar energy industry was still in the experimental and research stage, with alow degree of industrialization and even no market-oriented operation. It wasimpossible to say that the later raw materials, technology, and market were allexternal.
At that time, China's wind power industryhad just started. The successful grid connection of Shandong Rongcheng WindFarm in 1986 officially marked the beginning of China's wind power developmentand construction.
With the historical process of reform andopening up, China's new energy industry has achieved leapfrog development, notonly completing the localization of equipment, but also acceleratingindependent innovation. Now, it has maintained multiple global records andbecome a true new energy power.
45 years ago, there was no new energy powerstation in China. After the opening of the reform and opening up, the demandfor electricity in China has been continuously increasing, contributing to acontinuous increase in the acceptance and demand for green electricity in thewhole society. In 2022, new energy generation accounted for 31.6% of the totalelectricity consumption in society, and its role in ensuring energy supply hasbecome increasingly prominent.
45 years ago, one of the few new energyenterprises was in a toddler stage. The spring breeze of reform and opening upis blowing, and a group of entrepreneurs with ideals and aspirations areinvesting in the construction of the new energy industry. From relying oninternational markets to expanding both domestic and international markets, andthen leading the world, China's new energy enterprises have become an importantforce in promoting the development of global new energy.
Against the backdrop of China embarking ona new journey of comprehensively building a socialist modernized country andadvancing towards the second centenary goal, new energy will also shoulder anew historical mission, contributing to the construction of a new power system,accelerating the green and low-carbon transformation of energy, and building acommunity of human and natural life.
The spring breeze of this reform has alsoblown Multifit Solar. After more than a decade of intensive cultivation in thenew energy industry, Multifit has grown from a young seedling to a lush treewith more branches and leaves. Our product line has gradually increased, andthe export countries have grown year by year, with better market feedback.Looking back at the rapid development over the past decade, it has not beeneasy to come by, but has gained a lot; Looking ahead, Multifit will continue todevelop and grow in the context of the second centenary goal, helping topromote the development of the photovoltaic industry, promote thepopularization of green energy, and contribute to global sustainabledevelopment.
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