30 Sep '14, 10am

via @pv_tech Solar’s ‘secret billionaire’ reveals plans for 50GW of clean energy

Cheng Kin Ming has, through Shunfeng Photovoltaics, acquired a number of clean energy firms from solar manufacturers, to project developers and LED makers. Source: Suntech. Cheng Kin Ming, the majority investor in Shunfeng Photovoltaics, has spoken publicly for the first time about his long-term plans. Cheng’s investments in the solar sector are estimated to be worth around US$20 billion and he has also taken stakes in energy storage and marine energy companies. He is also the founder and chairman of Asia Pacific Resources Development Investment (APRD), the umbrella company that ultimately owns module maker Suntech, project developer SAG Solarstrom, inverter manufacturer Sunways as well as firms involved in LEDs and ground source heat pumps. “Clean energy brings a much brighter future for mankind and mother earth. Investors and entrepreneurs should be focused on this secto...

Full article: http://www.pv-tech.org/news/solars_secret_billionaire_rev...

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