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"Failure Didn't Lead To Death": China's Richest Man In Solar Talks About Falling Costs, Global Growth


03:54pm EDT|
“Failure Didn’t Lead To Death”: China’s Richest Man In Solar Talks About Falling Costs, Global Growth
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Forbes China
China’s power industry has underpinned the country’s rising economic heft over the years. When it comes to power generation, it’s big state-owned companies such as China Huadian and China State Power Investment that lead the way.
But when it comes to manufacturing solar equipment such as solar cells and panels, it’s more nimble private sector suppliers out front with more than half of the global market. Few have done as well as LONGi Green Energy Technology, the country’s No. 1 maker of solar modules, with sales of $8 billion in 2020 and a worldwide customer list that includes Tesla, D.E. Shaw, Engie, Enel and Adani.  LONGi, which today employs more than 60,000 people globally, has over the years delivered solar capacity (now installed) that is three times that of China� ....

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