{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Darers &amp; Doers: Making Solar Power Work Smarter","description":" Program description: Darers &amp;amp; Doers showcases groundbreaking innovations from China and features company founders and CEOs who are turning cool, bold ideas into reality. Produced by Caixin Global.  Episode intro: Solar is one of China\u2019s most crowded renewable-energy sectors, if not the most. But a new generation of entrepreneurs is looking beyond manufacturing and capacity, finding new ways to turn solar into an investable and profitable business. In this episode of Darers &amp;amp; Doers, Li Wenxuan, founder, chairman and CEO of PCG Power Technology, explains how he has built a business around making distributed solar work for commercial and industrial users \u2014 helping factories and industrial parks cut energy costs, improve efficiency and secure a more reliable supply of green power. PCG Power turned a profit just two years after its founding. It has since grown into one of China\u2019s largest distributed-energy companies, operating 2 gigawatts of grid connected capacity and serving hundreds of customers. The company has also attracted backing from Singapore\u2019s state-owned investor Temasek and Saudi\u2019s Aramco, and has partnered with the U.K.\u2019s Octopus Energy on power trading. Speaking with host Kelsey Cheng, Li explains how China\u2019s vast industrial power market has created a unique testing ground for new energy business models, and how PCG Power plans to take that experience overseas. He also addresses concerns about overcapacity and dumping in China\u2019s renewable-energy industry, and how technologies such as storage, virtual power plants and artificial intelligence can help address shortfalls of renewable generation.  Chapters:  (02:11) From real estate and tech investor to distributed solar entrepreneur  (05:04) Solving the \u201cenergy trilemma\u201d  (08:14) Why PCG\u2019s business model works  (12:55) How distributed solar took off in China  (15:14) AI\u2019s two-way relationship with energy  (18:03) Dumping and oversupply concerns  (20:33) Where China\u2019s renewable-energy push falls short  (23:02) Taking PCG Power global  This episode of Darers &amp;amp; Doers was recorded in Mandarin and produced in English with the help of AI.  Produced by Kelsey Cheng (kelseycheng@caixin.com) and Du Bohan  Read more on Caixin Global:   Exclusive: China\u2019s Power Market Reforms Reshape Strategy for Renewable Developers, PCG Power Chairman Says   PCG Power, Octopus Energy Launch Power Trading Venture in China  Subscribe now to unlock all coverage from Caixin Global and The Wall Street Journal for just $200 a year, enjoying a  66% discount.&amp;nbsp;  Group discounts are available \u2014 contact us for a  customized plan. ","author_name":"China Business Insider -  News From Caixin Global","author_url":"https:\/\/www.caixinglobal.com\/audio\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42275055\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/204641315"}