Suntech (STP) Begins Building 50MW Solar Power Plant In Jiangsu

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11:23:14 am on November 10, 2009

Suntech just announced that it has begun construction on its 50 MW solar plant in Jiangsu, China. Suntech is working with Huadian New Energy Development Company to build the plant.  The company will design the plant and install 37,000 of its own PV solar panels. Suntech will also own a minority stake in the plant once it is built.

The first, 10MW phase of the plant could be in operation later this year.

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