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
Energy Vault Secures $28M for California Green Hydrogen Microgrid
CALIFORNIA - Energy Vault, a prominent energy storage and technology company, recently secured US$28 million in project financing for its innovative Calistoga Resiliency Centre (CRC) in California. This funding will enable the development of a microgrid powered by a unique combination of green hydrogen and battery energy storage systems (BESS), marking a significant step forward in enhancing grid resilience in the face of natural disasters such as wildfires.
Located in California's fire-prone regions, the CRC is designed to provide critical backup power during Public Safety Power Shutoff (PSPS) events—periods when utility companies proactively cut power to prevent wildfires. These events…
