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.
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Opp Leader calls for electricity market overhaul to favor consumers over generators
MELBOURNE - Australia's Labor leader Bill Shorten has called for significant changes to the rules governing the national electricity market, saying they are biased in favour of big energy generators to the detriment of households.
He said the national electricity market (NEM) rules are designed to help the big companies recoup the money they spent on purchasing government assets, rather than encourage households to generate their own power, and they need to change faster to adapt to consumer needs.
His comments hint at a possible overhaul of the NEM’s governance structure under a future Labor government, because the current rule-making process is…
