Suntech to construct solar plant in Arizona
The plant, which will be built in the greater Phoenix area, will have an initial production capacity of 30 megawatts (MW) and is likely to start production in the third quarter of 2010, the company said in a statement.
Suntech said the plant would employ over 75 full-time employees at launch and the number may double within the year.
The plant is "configured for growth to respond to the expected expansion of the U.S. solar market in the coming years," Suntech said in a statement.
Solar companies have struggled over the past 12 months as a glut of supplies on the global market has depressed prices, but Suntech's rival Yingli Green Energy Holding Co Ltd's better-than-expected third-quarter results last week indicated the sector may be rebounding.
Related News
Opinion: UK Natural Gas, Rising Prices and Electricity
LONDON - By Ronan Bolton
The year 2021 was a turbulent one for energy markets across Europe. Skyrocketing natural gas prices have created a sense of crisis and will lead to cost-of-living problems for many households, as wholesale costs feed through into retail prices for gas and electricity over the coming months.
This has created immediate challenges for governments, but it should also encourage us to rethink the fundamental design of our energy markets as we seek to transition to net zero.
This energy crisis was driven by a combination of factors: the relaxation of Covid-19 lockdowns across Europe created a surge in…
