Suntech (STP) To Work With First Solar (FSLR) On Masdar City Project

Suntech Power Holdings Co., Ltd is joining First Solar to help construct a solar power plant for the Middle East’s first sustainable city, Masdar City. The city, which is under construction in the United Arab Emirates, will be carbon neutral and generate no waste. The total size of the farm will be 10 MW, with Suntech and First Solar each contributing 5 MW.

Dr. Zhengrong Shi, Suntech’s chairman and CEO, commented on the project:

“Masdar City is a revolutionary concept that will greatly influence the future of global urban development. Solar energy systems are the ideal solution for Masdar City as electricity generated will coincide with peak energy usage during the middle of the day.”

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