8legs: Shi zhengrong

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China Solar Makers Launch Space Energy Development Alliance | OilPrice.com

China’s solar makers launched the Space Energy Development Alliance at a Shanghai conference, signaling a new push into space-based solar power.
The alliance includes GCL Technology Holdings, Trina Solar, and Suntech founder Shi Zhengrong among more than a dozen founding members.
China aims to verify low-Earth-orbit technology and test a megawatt-scale in-orbit system by 2030, moving toward a commercial station by 2050.
Experts note China’s space energy effort follows years of overcapacity at home and could tap new markets despite domestic profitability pressures.
Chinese researchers reported a ground-based wireless power transmission breakthrough relevant to space solar power.
China plans to conduct low-Earth-orbit verification tests by 2030, with a long-term goal of a 2050 commercial space solar station.
The story notes China’s competition with the United States for space-energy breakthroughs amid ongoing energy market concerns.
The alliance signals strategic intent to expand beyond domestic solar overcapacity through space-energy ventures.
OilPrice coverage highlights global energy context, including space-energy developments and related market signals.
The referenced OilPrice article notes related energy market dynamics like supply and demand shifts and geopolitical factors affecting oil and gas.

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