
Australia's ‘solar godfather': Vietnam leads Southeast Asia's clean energy transition
HANOI, VIETNAM - Media OutReach Newswire - 23 June 2025 -With the invention of solar cells using Passivated Emitter and Rear Contact (PERC) technology, Prof. Martin Andrew Green from the University of New South Wales (Australia) and his team made a groundbreaking contribution to green energy production. Two years after receiving the 2023 VinFuture Grand Prize, he continues to push the boundaries of solar innovation, working to improve efficiency and help pave the way for a future of productive renewable energy harvest.Renowned as the "godfather of solar," Prof. Martin Green has spent over five decades advancing solar energy technologies. In 2023, Prof. Green's revolutionary development of Passivated Emitter and Rear Contact (PERC) technology, now used in over 90% of solar panels worldwide, earned him the VinFuture Grand Prize. Through the VinFuture Prize, Prof. Green has also had a unique perspective on Vietnam's progress toward global sustainability, as he continues to become a member of the VinFuture Prize Council.," he shared.Prof. Green also expressed deep appreciation for the VinFuture Prize, noting that winning such a significant award had undoubtedly enhanced his research group's ability to attract the necessary resources to develop new ideas.Earlier this year, his pioneering work was honored with a clean-energy ferry named after him in Australia. While he felt "," Prof. Green emphasized that this recognition propelled him toward a broader movement for a global solar energy revolution.," he urged, pointing to the stark evidence already unfolding in Australia, including massive bushfires followed by widespread flooding that falls well outside the norm. "," Prof. Green warned.The "godfather of solar" also shared that the path forward hinges on international collaboration and government leadership. The global exchange of knowledge and talent has allowed innovations from his lab to influence commercial solar production in China, which in turn benefits countries like Australia that import these cost-effective solar technologies.Much of that progress, Prof. Green added, has been made possible by falling prices driven by technologies like PERC, as well as support from international organizations such as the United Nations (UN). One of the UN's key Sustainable Development Goals is to ensure universal access to energy by 2030 and solar offers the most viable path to get there.In recent years, Prof. Martin Green and his team have continuously challenged the boundaries of what photovoltaic technology can achieve. One of the most compelling directions in his current research revisits a landmark theoretical paper he wrote about 40 years ago, regarding the limits on the energy conversion efficiency of silicon cells.," he said, suggesting that 25% efficiency was a feasible target.This insight became a key motivation for his team to explore greater efficiency gains. They set a practical goal of 25% efficiency, which they ultimately reached around the turn of the century. Today, many commercial solar cells already operate at this level of efficiency, getting closer to the 29-30% limit he proposed years ago.The second area of focus involves stacking cells made from different materials on top of each other to capture more energy from sunlight. Sunlight can be regarded as a stream of particles called photons. Silicon cells respond to photons of all colors in sunlight, from blue to red and even to the lower-energy infrared ones that our eyes can't see. However, blue photons contain much more energy than needed, and in standard silicon cells, that excess energy is wasted.This is the key reasons behind the limits on the energy conversion efficiency of silicon cells.One material showing strong potential in lab settings is a special kind of perovskite, made with heavy elements like lead and iodine. Still, there is no guarantee that perovskites will meet the stability standards required for widespread commercial use, which is why researchers are also investigating alternative materials. Though these alternatives don't currently match perovskites in performance, they may offer better long-term reliability.These approaches, aiming to increase efficiency, have opened a door for the large-scale deployment of the solar revolution.According to Prof. Green, it has been a key driver in the dramatic cost reductions in photovoltaics over the past few decades. "" he emphasized.Bringing down the cost of cell production will be a key to expanding the interest in using them. According to the International Energy Agency, solar power delivers some of the cheapest electricity in history.he said. "."However, one of the biggest near-term challenges is finding a cell that can be used in these stacks. Silicon is an ideal material for photovoltaics as it is abundant, non-toxic, and stable. What's missing is a complementary material that matches these qualities while offering additional performance benefits.In this search, artificial intelligence can provide a much wider scanning of possibilities than traditional methods permit. The whole material system will be canvassed, and perhaps some new materials will be identified.As the global race to renewable energy and net-zero emissions accelerates, Vietnam is not standing on the sidelines. In terms of photovoltaics, he cited the data suggesting that over 10% of Vietnam's electricity has been generated from solar in recent years.As the adoption scales up, the uptake needs to match the electricity network's ability to absorb solar power. This requires parallel investment in battery storage systems and other stabilizing technologies, and Prof. Green believed Vietnam is progressing well on this front." he remarked,."In Southeast Asia, where two-wheeled vehicles dominate urban transportation, the shift toward electric scooters is also crucial. Drawing parallels with China, where the replacement of fossil-fueled bikes with electric versions has reduced pollution and CO₂ emissions, he believed that Southeast Asian nations could see similar environmental benefits by following this path.On this front, Prof. Green was impressed by VinFast's electric vehicles when visiting Vietnam in 2023.," he stated. "," he noted.The VinFuture Prize has also enabled Prof. Green to build valuable connections with experts in clean technology and beyond. "", he said.Reflecting on the diversity of fields represented, he noted:"."Hashtag: #VinFuture
The issuer is solely responsible for the content of this announcement.
VinFuture
The VinFuture Foundation, established on International Human Solidarity Day on December 20th, 2020, is a non-profit organization co-founded by billionaire Mr. Pham Nhat Vuong and his wife, Madam Pham Thu Huong. The Foundation's core activity is awarding the annual VinFuture Prize, which recognizes transformative scientific and technological innovations capable of making significant positive changes in the lives of millions of people worldwide.
The VinFuture Prize is now accepting nominations for the 2026 VinFuture Prize. Submit your nominations here: https://vinfutureprize.org/vinfuture-prize-nomination/ . Outstanding nominators will be honored through the VinFuture Nominator Recognition Program.
The VinFuture Prize consists of four prestigious awards presented each year. The most esteemed is the VinFuture Grand Prize, valued at US$3 million, making it one of the largest annual prizes globally. Additionally, there are three Special Prizes, each valued at US$500,000, specifically dedicated to honoring Women Innovators, Innovators from Developing Countries, and Innovators with Outstanding Achievements in Emerging Fields.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Malay Mail
23 minutes ago
- Malay Mail
Hong Leong Bank Wins Three Awards at Asian Banking & Finance Retail Banking Awards, Affirming its Transformative Journey Towards Becoming the Best Run Bank in Malaysia
HLB's Head of SME Banking, Woon Siew Hoong [Pic 1, left] and HLB's Head of Cash Management, Alina Grace Tan Kui Kwoon [Pic 2, left] receiving their awards at the Asian Banking & Finance Retail Banking Awards 2025 KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 20 August 2025Hong Leong Bank ("HLB" or the "Bank") has won awards in three coveted categories at the Asian Banking & Finance ("ABF") Retail Banking Awards 2025, a testament to the significant progress the Bank has made in its 5 year bankwide transformation journey.A pivotal aspect of HLB's bankwide transformation and success story is its established leadership as a prominent SME bank. For the fourth consecutive year, HLB has been named the Best SME Bank in Malaysia by ABF. This recognition directly reflects the Bank's diverse product offerings, pioneering digital innovations, and personalized advisory services, all meticulously designed to cater to the varied needs of its customers. HLB's unwavering commitment to customer-centricity has translated into tangible success, with the Bank's SME loans and financing portfolios achieving an impressive 11.6% year-on-year ("y-o-y") growth, nearly double the industry average of 6.7%. This significant growth not only reinforces HLB's strong market position but also vividly demonstrates its dedication to providing a seamless banking experience through increased accessibility and convenience. The Bank achieves this through its extensive branch network, flexible out-of-branch account openings, and intuitive digital platforms, all serving as effective touchpoints to ensure a comprehensive and effortless banking journey for every its strong performance within the corporate banking sector, HLB has also been recognized as the Domestic Cash Management Bank of the Year. This award underscores how the Bank empowers its corporate and financial institution clients with sophisticated cash management solutions that streamline operations and enhance financial control, further contributing towards HLB's bankwide transformation plan. By leveraging the Bank's real-time API integration, businesses can automate fund transfers to beneficiaries on a same-day basis, eliminating manual intervention and ensuring timely access to funds. The Bank's cash consolidation services also enable clients to streamline cash management by centralizing funds into a single account for better liquidity oversight and easier reconciliation. This comprehensive suite of services has led to the Bank consistently managing over 700 corporate clients with their cash management needs, boasting a remarkable 95.52% customer retention rate and over 99% utilization rate of its cash management with its 5 year bankwide transformation plan, HLB has invested significantly in its digital capabilities, leading to the strategic implementation of AI, effective data management, and innovative digital banking solutions. This commitment to digital excellence culminated in the Bank winning the Digital Transformation of the Year award for its groundbreaking collections 2018, HLB has embarked on a pervasive transformation journey within its Collections team, fundamentally reshaping the collections process with an industry-first, fully integrated, web-based collections platform. The platform provides the Bank with a 360-degree view of its customers, strengthened by real-time information sharing, a predictive dialing system, an AI humanized voice bot, and secured remote working capabilities. These innovations have resulted in a 47% surge in monthly call volume and allowed 20% of HLB's collections officers to be redeployed to higher-value tasks, showcasing the tangible benefits of this digital Lam, HLB's Group Managing Director and CEO, commented, "This isn't just about winning awards; it's about reimagining the way we do banking. Two years ago, we set out on our bankwide transformation plan, and these three accolades prove that we are on the right track. This vision has defined our operating cadence, where we have reevaluated existing structures, reimagined the customer journey, and unleashed a wave of innovation throughout the Bank that is redefining what we can be to our customers. Looking ahead, we strive to continue on our transformation journey, implementing digital innovations while preserving that human touch to ensure we provide an elevated banking experience for all our customers."For more information on HLB's business banking solutions, please visit: Hashtag: #HongLeong #HLBB The issuer is solely responsible for the content of this announcement. About Hong Leong Bank Berhad Please visit


Malay Mail
23 minutes ago
- Malay Mail
HGC Appoints Argon Ho as Chief Commercial Officer of Group ICT Business
Argon Ho, Chief Commercial Officer – Group ICT Business at HGC HONG KONG SAR - Media OutReach Newswire - 20 August 2025 - HGC Global Communications (""), a fully-fledged ICT service provider and network operator with extensive global coverage, today announced the appointment ofas, with immediate effect. In this role, Argon will oversee the Group's ICT organisation and enhance ICT spread out — driving the Group horizontal growth across cybersecurity, digital solutions and cloud through AI, while pursuing project-based vertical penetration within existing accounts and into new markets, and concurrently expanding HGC's international over 30 years in ICT, Argon is a widely recognised leader in Greater China's technology market, especially in enterprise software and applications. His extensive expertise spans strategic planning, cyber security, and data governance. Prior to joining HGC, he honed through tenures as Managing Director of Check Point Software Technologies for the Greater China Region and General Manager at Cisco Hong Kong and Macau. Beyond his corporate achievements, Argon actively contributes to the community through advisory and directorial roles in organizations such as the Institute of Big Data Governance, the eHealth Consortium, and the Senior Citizen Home Safety Association, among his new role, Argon will champion the growth of ICT business by accelerating the adoption of cutting-edge technologies, simplifying digital transformation for clients, and delivering AI empowered ICT solutions and platform that meet the evolving needs of mass market, corporate and SME customers. Argon will also support corporate customers in expanding their business overseas seamlessly by leveraging the Group's regional strengths. Additionally, he will drive the Group regional expansion by strengthening system integration and enhancing ICT and digital solutions locally and internationally., said, "We are delighted to welcome Argon to HGC. His expertise and leadership will help advance our ICT strategies and support the Group's continuous growth in the region. Argon's appointment reinforces our focus on expanding our ICT business and achieving our goal of advancing global connectivity and innovation. We are confident that, under Argon's leadership, our ICT business will reach new heights, unlock future growth opportunities and further enhance our competitiveness in dynamic markets.", said, "I am honored to join HGC and its dynamic and innovative team. Leveraging the Group's robust regional infrastructure, strong ecosystem partnerships, and pool of top talent, we are well-positioned to harness emerging technologies like AI to deliver customized ICT solutions that empower clients at every level on their digital transformation journey. Moving forwards, we will focus on AI integration, cybersecurity, and regional expansion, to drive the continued growth of our ICT business and reinforce HGC's reputation as a leading provider of innovative ICT solutions."Hashtag: #HGC #HGC環電 #Leadership #HGCInternationalBusiness #GlobalGrowth #ICT #DataStrategy #DigitalInfrastructure #CarrierCollaboration #Telecommunications #CloudCommunications #GoAhead #GotYourBack The issuer is solely responsible for the content of this announcement. About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group's digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia. To learn more, please visit HGC's website at:


Free Malaysia Today
an hour ago
- Free Malaysia Today
Bursa pares most early losses to close marginally lower
KUALA LUMPUR : Bursa Malaysia pared most of its earlier losses to close marginally lower as profit-taking was offset by selective buying in heavyweights, amid cautious sentiment in regional markets, a dealer said. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Sedek Jantan said the broader market sentiment today remained guarded ahead of policy signals from the US Federal Reserve's Jackson Hole Economic Policy Symposium later this week. 'Sector rotation was evident, with industrials outperforming on the back of a double-digit rally in petrochemicals, while plantations and consumer cyclicals also showed strength – underscoring resilient domestic demand amid external policy uncertainty,' he told Bernama. Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng viewed today's profit-taking as a healthy correction since it allows the market to digest the recent strong uptrend. 'The FTSE Bursa Malaysia KLCI (FBM KLCI) is holding well above the key 1,585 support mark, which sets the stage for further gains. 'Barring any external shocks, we expect the benchmark index to trade within the 1,570 to 1,600 range throughout the week,' he said. At 5pm, the FBM KLCI slipped 2.03 points, or 0.13%, to close at 1,588.21 from Tuesday's close of 1,590.24. The benchmark index opened 2.21 points lower at 1,588.03, and moved between 1,583.40 and 1,591.04 throughout the day. The broader market was negative with decliners outpacing advancers 647 to 376, while 487 counters were unchanged, 1,084 untraded and 16 suspended. Turnover narrowed to 2.55 billion units worth RM2.5 billion from 2.6 billion units worth RM2.74 billion yesterday. Among the heavyweights, Maybank and Public Bank were flat at RM9.80 and RM4.46, respectively. Tenaga Nasional declined six sen to RM13.66, CIMB fell three sen to RM7.36, while IHH Healthcare rose three sen to RM6.88. Of the most active counters, Vantris Energy eased 0.5 sen to 3.5 sen, Sime Darby trimmed one sen to RM1.75, while Zetrix AI added one sen to 87.5 and Tanco was flat at 73 sen. Across the broader market, the FBM Emas Index decreased 29.58 points to 11,782.83, the FBMT 100 Index shed 29.35 points to 11,568.30, the FBM Emas Shariah Index gave up 32.06 points to 11,699.34, the FBM 70 Index dropped 106.51 points to 16,603.46, while the FBM ACE Index slipped 13.77 points to 4,695.92. By sector, the financial services index slid 20.36 points to 18,165.14, the plantation index garnered 46.12 points to 7,592.60, the industrial products and services index perked up 1.61 points to 160.73, and the energy index eased 0.93 of-a-point to 749.29. The Main Market volume dipped to 1.46 billion units valued at RM2.28 billion from yesterday's 1.49 billion units valued at RM2.51 billion. Warrants turnover improved to 780.41 million units worth RM93.66 million from 732.43 million units worth RM101.91 million previously. The ACE Market volume declined to 310.2 million units worth RM124.67 million from 375.68 million units worth RM134.87 million yesterday. Consumer products and services counters accounted for 247.19 million shares traded on the Main Market; industrial products and services (235.22 million), construction (146.13 million), technology (189.98 million), financial services (82.44 million), property (176.76 million), plantation (25.02 million), REITs (21.21 million), closed-end fund (3,000), energy (186.91 million), healthcare (32.64 million), telecommunications and media (47.13 million), transportation and logistics (34.33 million), utilities (38.49 million), and business trusts (11,600).