{"id":12402,"date":"2007-04-22T21:40:46","date_gmt":"2007-04-23T04:40:46","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/04\/22\/chinas-sun-king-hails-clean-energy-joe-mcdonald\/"},"modified":"2007-04-22T21:40:46","modified_gmt":"2007-04-23T04:40:46","slug":"chinas-sun-king-hails-clean-energy-joe-mcdonald","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/04\/chinas-sun-king-hails-clean-energy-joe-mcdonald\/","title":{"rendered":"China’s ‘Sun King’ Hails Clean-Energy – Joe McDonald"},"content":{"rendered":"
From AP: Physicist Shi Zhengrong<\/a> spent the 1990s in an Australian lab studying solar power, a field he picked by chance. He expected to devote his life to science.<\/p>\n Still, Shi saw signs of a blossoming industry as Germany, Japan and other countries invested in cleaner power. Excited by a trip home that showed him China’s rapid development, he startled friends by abruptly moving his wife and two Australian-born sons to his homeland in 2001 to launch a solar equipment company.<\/p>\n Four years later, Shi’s confidence paid off when his Suntech Power Holdings Ltd.<\/a> went public on the New York Stock Exchange and investors snapped up shares, turning him into a billionaire. Last year, Shi ranked No. 7 on the Forbes magazine list of China’s richest tycoons, with a $1.4 billion fortune. [Full Text]<\/a><\/p><\/blockquote>\n
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