Shi Zhengrong

Shi Zhengrong (Chinese施正荣, Pinyin Shī Zhengrong; * 1963) is a Chinese entrepreneur. In 1989 he went to Australia, where he completed a doctorate on solar energy, but returned back to China in 2001. He is the founder and owner of Suntech Power, the largest producer of solar modules. Until they are replaced by David King ( Jin Wei) in August 2012, he was CEO of the company, from that point on he had the functions of Chief Strategy Officer and Executive Chairman of the Board held. On March 6, 2013 he was deposed as chairman of the board and replaced by Susan Wang.

Life

Shi was born as a twin brother in the Chinese Yangzhong into a peasant family. The poverty prompted the parents, releasing it when the younger twin brother, for adoption, especially since they already had two children. He was encouraged by his adoptive parents and went with 16 to study in Manchuria.

His master's degree in optics he received at the University of Shanghai, from where he moved in 1989 to the University of New South Wales in Australia, where he had actually sought work, but offered him Martin Green from the ARC Photovoltaics Centre of Excellence at the University of New South Wales a research Centre in solar technology. He has studied at the University's School of Photovoltaic and Renewable Energy Engineering, where he obtained his doctorate within two and a half years about solar energy. In 1995, Green with a colleague, a spin -off to test the commercial use of the technology. Zhengrong Shi became a partner and was an Australian citizen.

In 2001 he returned to China. In Wuxi, he founded Chinese support Suntech Power with $ 6,000,000. This company was so successful that he was able in 2005 by American capital to buy out the original investors, and a listing on the New York Stock Exchange reached, and that after the Forbes Magazine in 2008 the richest man in China with a capacity of 2.9 billion dollars was. Declining oil and gas reserves and rising prices in 2008 brought the company a strong increase in the market value, which, however, in the wake of the Great Depression fell sharply.

A collaboration with the Australian Swinburne University of Technology in Melbourne has been developed. So she is researching together with the Chinese company to a new generation solar cells, so-called nanoplasmonics solar cells. The parties invested per $ 3,000,000 in research. The University of Melbourne will mainly conduct research and development, while Suntech Power took over the production.

The company equipped the Olympic stadium in Beijing in the 2008 Summer Olympics with solar cells, as well as the airport of San Francisco. It employed 4,300 people in 2009. In the most recent transparent modules are used, which are known as See Thru.

In March 2010, he was in the documentary The 4th Revolution - to see EnergyAutonomy. In March 2013, the company ran into serious financial difficulties and filed for bankruptcy. The founder was not allowed to leave China.

Comments

• Entrepreneur
• Person (solar energy)
• Chinese
• Born in 1963
• Man