Lingshui Solar Power Generation Company

Is China a leader in solar energy technology?

Over the past 20 years China has emerged as the world leader in solar energy technology. At the end of 2019, China’s total installed capacity of solar PV power made up 204 GW of energy.

Why did China promote the solar PV industry?

The solar PV industry (as well as wind power) was supported and promoted with the explicit aim to create a leader in the global renewable energy market and to export equipment made in China to the promising solar markets in Europe and in USA. China’s government wanted to take its export-oriented, “factory of the world” economy to the next level.

Is Longi a global lighthouse factory?

LONGi, the world’s largest solar PV manufacturer, recently announced that its China-based Jiaxing production facility has been recognized by the World Economic Forum (WEF) as a Global Lighthouse Factory.

How did China become a leader in solar power supply chain?

Government investment into solar panel producers, subsidies, and access to government bank credit helped Chinese solar companies such as Longi, Suntech, Trinasolar, and more develop into leaders of the global solar market. Collectively, they control at least 60% of global capacity for every step in the solar power supply chain.

How has Suntech Power impacted China's solar industry?

Suntech Power has had the strongest impact and role model function on the whole of China’s solar industry development, triggering the formation of a world leading industry sector. Suntech was founded in 2001 by Zhengrong Shi, a Chinese PhD returnee from the University of New Southwales who returned to China in 2000.

How many GW of solar power did Longi & risen deploy last year?

Longi and Risen both announced plans to build up new module and cell manufacturing capacity. Furthermore, the State Power Investment Corporation (SPIC) has revealed it deployed more than 10 GW of solar power last year.