Overview
On July 27, at the Boao Forum for Asia Perth Conference, Chairman Li Donglin of CRRC Zhuzhou Institute presented the company's strategy for scaling green industries through proprietary technologies and application‑driven innovation.
Partnerships and Green Value Chains
Li cited collaborations with XCMG Group and Australian mining giant Fortescue. The joint effort aims to create integrated green value chains that connect mines, railways and shipping. Specific examples include using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel.
R&D Investment and Technology Focus
The institute announced that it is increasing R&D spending to enhance the efficiency of green energy conversion and to reduce unit costs to globally competitive levels. Investment priorities include grid‑forming technology, power system equipment, and solutions that strengthen grid stability and renewable integration.
Existing Capabilities and Applications
CRRC Zhuzhou Institute, a leading Chinese high‑end equipment and green‑energy player, has long‑standing power conversion and control technologies deployed in high‑speed rail. These technologies have been extended to wind turbines, solar inverters and energy‑storage systems, operating reliably in harsh environments such as deserts and mining sites.
Market‑Driven Innovation Philosophy
Li emphasized that real‑world industrial settings should determine technology priorities and that the economics of a project ultimately decide whether green innovation can scale globally. He urged investors to concentrate on profitability and long‑term value.
Outlook
The institute expressed its intention to deepen cooperation with global partners, leveraging its technological expertise and industrial scale to balance deployment, safety and growth, thereby advancing the sustainability of the global green sector.