Suntech Boasts 1GW Capacity Amid Tough Times for Solar Market
The Chinese solar panel maker could use the manufacturing might to undercut competitors during a year when a panel bumper crop will likely happen.
by Ucilia Wang, January 8, 2009
Source: GreenTechMedia.com
http://www.greentechmedia.com/articles/
suntech-boasts-1gw-capacity-amid-tough-times-for-solar-market-5480.html
Suntech Power Holdings has crossed the all-important milestone of being able to produce 1 gigawatt of solar panels a year. The Chinese company celebrated the accomplishment Thursday along with the opening of a new headquarters in the city of Wuxi that comes with 1-megawatt solar panels built into building facade in addition to a host of energy-efficiency features. Suntech makes the solar cells and assembles them into panels. Reaching 1 gigawatt is certainly worth boasting, although investors will care more about what the company does now that it has that capacity – and how it weathers the economic downturn. (more…)