One such company (Suntech or Wuxi Shangdu by its Chinese name) received a grant in 2002 to develop an intelligent controller for PV systems.

无锡尚德太阳能电力有限公司在2002年获得一笔赠款，用于开发一种智能型光伏系统控制箱。

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In 2000, Mr. Zhengrong Shi came back China with 14 patents and began business venture in Wuxi, Jiangsu province. In January 2001, Suntech was founded.

2000年，施正荣回国，带着14项太阳能技术发明专利来到无锡创业。2001年1月，无锡尚德公司正式组建。

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Other China attendees at Davos include Shi Zhengrong, chairman and chief executive of solar panel market Wuxi Suntech Power Co.

WSJ: China's Heavy-Hitters Stay Home from Davos in Holiday Week

It announced on Wednesday that eight Chinese banks had filed a petition for insolvency and restructuring of Wuxi Suntech in a court in Jiangsu province.

CNN: Top solar panel maker goes bankrupt

But regardless, after what has been a tough spell for Chinese solar tycoons and their investors, a curtain seemed to come down with the bankruptcy of the Wuxi Suntech Power arm of the emblematic Suntech Power Holdings, whose shares dipped to 42 cents in New York on Friday.

FORBES: Asia's Week: Another Wild One on China's Business Frontier