双雄早衰

什么力量，让新能源变老？两家迅猛崛起的明星公司，缘何以同样的速度坠入深渊？政府主导式的创新，能从这场代价昂贵的游戏中学到什么？

Premature Aging of the Chinese Solar Industry

"At a time like this,what would you have me say?" says Shi Zhengrong,Executive Chairman of Suntech Power Holdings,in a hoarse and tired voice. For the past few days,Shi,once the richest men in China,has been running himself ragged trying to ensure the survival of Suntech,the world’s largest maker of solar modules.Heavy debt and extremely sluggish market growth,coupled with the anti-dumping investigations by American and European authorities,has driven this solar empire to the brink of disaster. This is not the first time Shi has fallen into trouble.He has faced numerous obstacles during the past 11 years,after he returned to China to establish his business.However,even he admits that none of those troubles can compare to the crisis facing him now:huge debt,continuous losses,loss of upper management,American and European tariffs....Solartech is faced by dangers both from domestic and foreign world."Even I don’t know what will happen tomorrow," He said. What has happened to make new energy age so fast? Why have two star companies fallen just as fast as they had risen? What can governmentled innovation learn from this costly experience?