On January 20, the World Economic Forum 2026 Annual Meeting convened in Davos, Switzerland. Zhang Chao, Ming Yang Group's Senior Vice President, addressed the forum as a leading clean energy representative, joining leaders from governments, international organizations, energy companies, and financial institutions to explore pathways for global energy transition and sustainable development.

Chao pointed out that offshore wind has reached a critical turning point. She analyzed why development speeds vary across regions, noting that global markets—particularly Europe—need more open, dynamic industrial structures to meet their ambitious clean energy goals.

The challenges aren't about technology or capital, Chao emphasized, but about delivery capacity, scale, supply chain resilience, and system efficiency. The industry needs innovative leadership to drive structural value chain changes, broaden participation, and reduce both capital costs and levelized cost of energy.

As a global offshore wind leader, Ming Yang proposed: large-scale floating technology deployment, backed by a robust, internationally competitive supply chain, will give offshore wind stable cost structures and broader applications—delivering sustainable solutions for global energy transition.

During the forum, Ming Yang engaged with international energy companies and institutions on European and global offshore wind development, supply chain collaboration, and investment conditions. Participants agreed that strengthening cross-regional and cross-industry cooperation is key to enhancing clean energy resilience.

Moving forward, Ming Yang remains committed to open collaboration, technological innovation, and systematic solutions to build a secure, affordable, and sustainable global energy system.