Suntech acknowledged in the United States below cost to sell solar panels

Posted by admin on December 10, 2009
Netbook

25, The New York Times reported that Chinese solar cell manufacturer Suntech (Suntech Power) Chief Executive Zhengrong Shi admitted in an interview that the company in the United States below the materials, assembly and transportation costs to sell solar panels,notebook battery, thereby expanding the Urban account for the rate. Suntech president of global business and marketing, said Steven Chan, the company will in the next 1-2 months, announced that the U.S. solar panel assembly plant construction program.

According to the report, China’s solar energy industry to benefit from the generous support of the government has been preparing to build the module factory in the United States, thereby circumventing the U.S. restrictions to protect domestic corporate policies. In addition to Suntech, the Chinese vertically integrated asus a42-v6 battery manufacturer Yingli Green Energy (Yingli Green Energy) has recently announced that the U.S. assembly plant in the initial construction program.

Science and Technology Research firm iSuppli had a study published August 10 report points out that even if a global recession looming dilemma, most major solar panel makers will continue to increase capacity in order to maintain market share. Because of this, is expected to Suntech (Suntech Power) will be squeezed in 2009, under the Q-Cells became the world’s largest manufacturer of silicon solar cells. iSuppli pointed out that, Sharp, Yingli Green Energy (Yingli Green Energy) and JASO (JA Solar) will also be a result of capacity is not reduced while maintaining the status of the top five rankings. In addition, Q-Cells,asus a42-w1 battery,asus a42-w3 battery,acer laptop battery SunPower and BP Solar, etc. due to the weaker demand to adjust capacity.