Technological innovations , new entrants and Chinese expansion within the PV industry helped bring about consolidation , resulting in 80 % of supply chain manufacturers worldwide being forced out of the industry within the next five years , Li Zhengquo , the chairman of China 's LONGi supply Energy , has said .
Technological innovations, new entrants and Chinese expansion within the PV industry will bring about consolidation, resulting in 50% of supply chain manufacturers worldwide being forced out of the market within the next five years, Li Zhengquo, the president of China's LONGi Green Energy, has said.