Solar power's time to shine in China

China’s efforts to triple solar power capacity by 2020 bring a new industry to the attention of investors.

When leaders from 175 countries signed the historic Paris climate accord at the UN headquarters in New York on April 22, Chinese entrepreneur Alan Li was among many hailing the move and eying arguably the greatest business opportunities the world has ever seen in renewable energy.

For Li, chief executive of Hong Kong-listed United Photovoltaics United PV, the unprecedented international deal is a major step forward that will catalyse new energy investment globally.

“A new era is coming as the whole society starts to embrace new energy,” Li told FinanceAsia. “The commitment to tackle climate change made by China and the US,...

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