NEW
YORK, Nov. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global
cloud platform service provider, in partnership with Biosphere 3,
successfully hosted a side event titled "Sustainable Communities
and Technology Applications" in the COP29 Blue Zone. The company also participated in
an additional side event "Energy Transition: Challenges and
Opportunities". These engagements explored the innovative
applications of smart technology in energy transition and carbon
reduction, emphasizing its potential to transform various areas of
life and production. Through these efforts, Tuya aims to
collaborate with global partners to foster greener, more
sustainable, and prosperous communities.
The event commenced with a speech by Liu Zhenmin, Special Envoy
for Climate Change of China. This
was followed by insightful contributions from Ayan Najaf, Coordination Board Member and
COP29 Spokesperson, alongside
representatives from leading enterprises in the fields of smart
technology, energy, and power.
Ayan Najaf, Coordination Board
Member and COP29 Spokesperson, shared
Azerbaijan's ambitious climate
goals, including a 40% reduction in carbon dioxide emissions by
mid-century and achieving net zero emissions by 2035. Najaf
emphasized Azerbaijan's robust
development in the new energy sector, particularly in electric
vehicles, and its commitment to international collaboration in
areas such as think tank exchanges, knowledge sharing, and
technology partnerships. Recognizing China's critical role in the global green
transformation, Najaf expressed hope for deeper cooperation with
Chinese companies to advance green energy projects in Asia and collectively combat global
warming.
Eva Na, Vice President of
Marketing and Strategic Cooperation and CMO of Tuya Smart, emphasized the transformative
potential of smart technology in advancing climate-friendly
actions. "Smart technology offers a universally practical pathway
to addressing climate challenges. Amid varying perspectives,
diverse behavioral patterns, and complex environments, turning the
concept of carbon reduction into actionable steps that integrate
seamlessly into community life depends heavily on innovative
technology. As a global smart technology company, Tuya is committed
to collaborating with global partners to achieve smart management
across the entire energy chain through cutting-edge technologies
like AIoT and cloud computing. We also warmly welcome more
participants to join us in fostering a greener, more sustainable
world," said Na.
Notably, at COP29, Tuya introduced
its groundbreaking "Smart Decarb" initiative, showcasing its
commitment to a greener future. Designed to optimize energy
management in buildings and homes through intelligent learning
algorithms, the initiative enables automatic energy adjustments,
ensuring consumption is visualized, controllable, and sustainable.
By integrating smart technology across industries and households,
Tuya empowers individuals and organizations to actively participate
in carbon reduction. Through advanced insights, actionable
strategies, and end-to-end solutions for energy generation,
storage, and consumption, Tuya is working with global partners to
drive tangible progress toward a sustainable future for
humanity.
Elmir Musayev, General Manager of
SOCAR Green LLC, expressed strong support for global energy
innovation solutions, highlighting his admiration for China's advancements in energy transformation.
Having visited multiple Chinese power and energy companies, Musayev
acknowledged China's wealth of
experience in this domain. He expressed hope for greater
participation from Chinese enterprises in Azerbaijan's green energy projects,
emphasizing that both technological innovation and business model
exploration are essential power for accelerating energy
transitions. Together, these efforts can propel the world toward a
more sustainable and low-carbon future.
During the roundtable session titled "Solutions for the Energy
Transition", Holmes Chen, Head of Public Affairs of Tuya Smart, emphasized the critical role of
technological innovation in energy utilization. "Tuya has long been
a steadfast advocate and practitioner of energy saving and carbon
reduction. These goals are not solely the responsibility of
enterprises, organizations, or governments, but represent a global
movement in which everyone can play a part. This philosophy aligns
closely with Tuya's ongoing efforts in energy saving. We not only
support energy companies in reshaping their production methods but
also bridge the gap to the 'last mile' of smart energy use,
enabling individuals to take climate-friendly actions through smart
technology," Chen remarked.
During the climate dialogue session on "Opportunities and
Challenges of Digital Energy Transformation in Sustainable
Communities under the Background of Carbon Neutrallity",
Charles Zhao, Director of Business
Development in Singapore of
Tuya Smart, joined business leaders
from diversified enterprise groups such as AF Holding and PASHA
Property Management in Azerbaijan
and explored the application value of cutting-edge intelligent
technology in sustainable communities. "In Singapore, where the
dual challenges of tight energy supply and growing consumption
persist, Tuya's home energy management system has redefined the
power supply-consumption relationship with real-time, interactive
solutions. This system transitions household electricity usage from
passive monitoring to proactive, smart management and execution. By
integrating the entire ecosystem of smart energy equipment, which
covers power generation, storage, consumption, and metering, our
system delivers energy-saving strategies. Singaporean households
have achieved average energy savings of up to 25%, paving a new
path toward smart energy transformation," Zhao remarked.
As a global leader in smart technology, Tuya showcased its
innovative energy efficiency solutions at COP29, including its smart energy management
system and successful implementation cases. These advancements
highlighted the transformative potential of smart technology in
driving energy transitions and carbon reduction. Looking ahead,
Tuya will continue collaborating with global partners to push the
boundaries of intelligent technology, advancing low-carbon and
sustainable development to build a greener, smarter future.
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SOURCE Tuya Smart
