Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, November 22 2019 - 15:30
AsiaNet
Xinhua Silk Road: LONGi president expresses confidence in PV industry at Fortune Global Forum
PARIS, Nov. 22, 2019 /PRNewswire-AsiaNet/ --

"Photovoltaic power plus energy storage" is likely to be the mainstream energy 
supply solution for the world in the future, said Li Zhenguo, president of 
LONGi Green Energy Technology Co., Ltd, a global leading solar tech company.

Photo - https://photos.prnasia.com/prnh/20191122/2651569-1
(Li Zhenguo (middle), president of LONGi Green Energy Technology Co., Ltd, 
speaks at the 2019 Fortune Global Forum in Paris, Nov. 18, 2019)

Li made the remarks on Monday at the 2019 Fortune Global Forum held in Paris.

As a representative of China's private companies, Li believed under the 
background of China's accelerated industrial upgrading, innovative enterprises 
have large development room in the market.

With the global green transformation going on and guided by China's conviction 
that lucid waters and lush mountains are invaluable assets, new energy, 
especially PV power, is drawing increasing attention, Li added.

Along with the evolution of technology, the levelized cost of energy (LCOE) has 
been falling accordingly and PV power generation will shake off the impression 
of being costly, said Li.

At a round-table seminar themed "China: New Frontiers for Growth", 
representatives from world famous companies such as McKinsey & Company, 
Dassault Systems, Godiva and Secoo International discussed development of 
China's economy and enterprises.

"Sustainable development is a major topic of this year's Fortune Global Forum 
and LONGi lets us see how the vision can be turned into reality, which 
impressed the attendees," said Sonny Wu, co-founder of an investment 
institution CSR.

LONGi started to go overseas since 2016 and has established subsidiaries or 
offices in 16 countries and regions in North America, Australia, Europe, Japan 
and the Middle East.

In the first half of 2019, the sales of LONGi's products in overseas markets 
accounted for 76 percent of its total sales, with a rise of 252 percent from a 
year ago.

See the original link: https://en.imsilkroad.com/p/309540.html

SOURCE  Xinhua Silk Road Information Service

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   Link: https://iop.asianetnews.net/view-attachment?attach-id=351793

   Caption: Li Zhenguo (middle), president of LONGi Green Energy Technology 
Co., Ltd, speaks at the 2019 Fortune Global Forum in Paris, Nov. 18, 2019

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