Cao renxian talks about solar container industry

“The industry is bleeding, with razor-thin profit margins,” said China Photovoltaic Industry Association (CPIA) Chairperson Cao Renxian at the 2024 Annual Solar Industry Conference, held on 5 December in Yibin, Sichuan province. China’s solar industry continues to face serious price and competition issues, with over 30% of listed solar companies reporting losses. Cao Renxian is the chairman and CEO of Sungrow, which makes renewable energy products such as solar PV inverters, wind power converters and energy storage products. Coming from an impoverished rural family in Hangzhou, Cao got his bachelor's and master's degrees in industrial automation from the. Energy Magazine connects the leading energy executives of the world's largest brands.