Chinese Solar Billionaire Steps Back as Industry Turmoil Deepens

Chinese solar billionaire steps back as industry turmoil deepens

Leading players report successive quarterly losses amid overcapacity and falling prices

China’s Longi Shuffles Leadership as Solar Losses Deepen

The founder of one of China’s biggest solar manufacturers, Longi Green Energy Technology Co., will resign from his role overseeing day-to-day operations, as deepening losses plague the company and its peers across the sector.

LONGi director steps down to head up R&D centre

The director of Chinese solar manufacturing giant LONGi has stepped down to focus on the company research and development (R&D) operations.

Longi President Li Zhenguo steps down to lead R&D efforts

Li Zhenguo, president of Chinese PV manufacturer Longi, has resigned to focus on research and development, citing personal work arrangements.Li Zhenguo, the president of Chinese PV manufacturer Longi, has resigned from his position. “Li Zhenguo's resignation is mainly due to his personal work arrangements,” a company spokesperson told pv magazine. “After his resignation, he will continue to serve as the president of the company's central R&D ins…

Leading Solar Firm LONGi's Founder Unexpectedly Resigns, Company Bets on BC Technology Amid Industry Turmoil - YT FINANCE

The post Leading Solar Firm LONGi’s Founder Unexpectedly Resigns, Company Bets on BC Technology Amid Industry Turmoil appeared first on YT FINANCE.