Suntech just announced that it will build a 100MW solar power plant in Lianyungang, China. In pursuit of this goal, the company has entered into an agreement with Lianyungang Economic and Technological Development Zone. The project is divided up into phases. The first phase will be building a 20 MW installation using a CNY 500 million investment. The project is expected to start by the end of this year, and will be performed with the … Read the rest
Tag Archives: Suntech
Suntech (STP) Signs Contract With Recurrent Energy
Suntech just announced that they have signed a supply contract with Recurrent Energy. Under the contract, Suntech will supply Recurrent with more than 25,000 modules. Recurrent will use these to construct a 5 MW solar installation on top of San Franscisco’s Sunset Reservoir. Suntech will deliver all of the modules in the 4th quarter of this year. This is California’s largest solar project thus far, and will more than triple San Francisco’s current solar energy … Read the rest
China Offers New Subsidies For Solar Power (STP, YGE, TSL)
The Chinese government just announced it will offer significant new subsidies to solar power manufacturers. According to Reuters, the government will cover 50 percent of investments for solar power projects and necessary power transmission and distribution projects. There are some qualifications for companies to receive the subsidy: The projects must generate at least 300 KW at peak power, must be maintained for 20 years and must be completed in a year. PV systems installed in … Read the rest
Sydney Theatre Company to Suntech (STP) Pluto Cells For Power
Suntech just announced that the Sydney Theater Company will use Suntech’s new, super-efficient Pluto technology to help power the building. The new system will produce 500 KW of energy and should be up and running by 2010. In conjunction with other energy efficiency measures, the solar panels should enable the Sydney Theatre Company to get by with 70% less power from the grid.
In a press release, Dr. Zhengrong Shi, Suntech’s Chairman and CEO, … Read the rest
Suntech (STP) Signs Agreements For Multi-Gigawatt Chinese Solar Projects
Suntech just announced that it has entered into agreements with several Chinese provincial and city governments for solar projects.
The agreements are as follows: 300 MW for the Shaanxi provincial government, 500 MW for the Shizuishan city government in Ningxia province, 500 MW for Qinghai provincial government, and 500 MW for Panzhihua city government in Sichuan province, for a grand total of 1.8GW. The agreements are contingent on several conditions. Suntech will need to get … Read the rest
Suntech Confirms $1.2 Billion, 500MW Deal In Panzhihua, China
Tate posted last month about speculation that Suntech was working on a 500MW deal in China. Today, Suntech’s press office confirmed the deal for PV-tech.org. The article quotes an unnamed source from Suntech as saying that the deal is “a non-binding strategic agreement similar to our agreement with the Qinghai government.” Suntech reportedly signed the agreement on June 26th.
Under the agreement,Suntech will invest almost $1.2 billion in a 500MW solar project in … Read the rest
Suntech (STP) Relocates European Headquarters And Expands Team
Suntech has relocated its European headquarters to Schaffhausen, Switzerland, and is expanding its sales and marketing teams in Europe to twice the current number of employees.
In a post on , Suntech’s chairman and CEO explained the significance of the move:
“The European market represents close to 80% of our business and has the potential to grow significantly in the coming years,” commented Dr. Zhengrong Shi, Suntech’s Chairman and CEO. “Suntech has already established very … Read the rest
Suntech (STP) To Build A Manufacturing Plant In The US
Suntech has announced its intention to build a manufacturing plant in the United States, taking advantage of incentives from both the federal government and state governments. In company press release, the company called the move part of its plan to create a long-term US presence. In the press release, Dr. Zhengrong Shi, Suntech’s Chairman and CEO, said:
… Read the rest"We believe in the outstanding long-term prospects of the solar energy market in the United States, and we
Suntech’s (STP) Eagle Solar Roof Wins 50+ Smart Choice Award
Suntech just announced that the company’s Eagle Solar Roof with SolarBlend(TM) is a 50+ SMART CHOICE award winner. The award, which is given by the 50+ Housing Council and the Sales and Marketing Council of Southern California, recognizes produces which stand for being innovative and environmentally friendly.
The Eagle Solar Roof is a building integrated PV roof that provides solar power to residential homes, produced as a joint venture between Suntech and Eagle Roofing company. … Read the rest
Suntech (STP), Swinburne University Team Up To Develop Next Generation Solar Cells
Suntech just announced a research partnership with Swinburne University in Australia. Suntech’s CEO, Dr. Zhengrong Shi, and Swinburne’s Centre for Micro-Photonics Director, Professor Min Gu, will work together to develop more efficient "next generation" solar cells. To fund the project, the University will contribute 43 million worth of funding and Suntech will contribute another $3 million.
In an article from PV-Tech.org, Professor Gu described the potential benefits of the research:
… Read the restThe project will be based