Lin Boqiang: Photovoltaic is a twisted luxury

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Abstract Yesterday, at the interval of the first Nobel Economist China Summit, Lin Boqiang, deputy dean of Xinhuadu Business School, said in an interview with this reporter that photovoltaic is a distorted luxury because of its poor quality and high price. Lin Boqiang said that the photovoltaic industry cannot compete with hydropower and nuclear power...
Yesterday, at the interval of the first Nobel Economist China Summit, Lin Boqiang, vice president of Xinhuadu Business School, said in an interview with this reporter that photovoltaic is a distorted luxury because of its poor quality and high price.

Lin Boqiang said that the photovoltaic industry cannot compete with hydropower and nuclear power because the cost is several times that of the latter. The market is reluctant to buy, and only the government pays.

He also said that "the photovoltaic industry still has room for development in the future, and these years are painful periods."

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