Suntech solar combiner boxes inks solar deals
solar combiner boxes Cam Switch Surge arrester high performance butterfly valve Leggings car washing equipment china valve Case Erector stainless steel tube supplier kitchen cabinets maple story mesos party cannon wholesale nfl jerseys nfl discount Geiger counters for sale micro-grid inverter authentic football jerseys Gate valve basket montante spring rider
Suntech inks solar dealsPublished: 14 Jul 2009 16:02:01 PST
Suntech Power has reached agreements to develop four solar power plants in China, giving the largest Chinese solar company a strong foothold in what many believe will one day be a major solar market.

Suntech said earlier this week that it struck the 1.8 gigawatts of solar power deals with the governments of Shaanxi and Qinghai provinces as well as the Shizuishan and Panzhihua city governments.

The Shaanxi development will be 300 megawatts, while the remaining three projects will be 500 megawatts each.

Implementation of the projects is subject to obtaining permits from the National Development and Reform Commission and attracting necessary investment and project financing, Suntech said.

“These projects are still in the preliminary stages but underscore the importance of the Chinese market as the scale of solar projects in China will be much larger than those in other countries, on average,” Burt Chao, an analyst with Simmons & Co, said in a note to clients.

“The release underscores [Suntech's] ability to secure a meaningful share in the Chinese market as the largest and highest-profile Chinese solar company,” it said.

Suntech had said last month that it was in talks to develop a 500 megawatts project in Qinghai, sending its shares higher. Meanwhile, US-listed Chinese solar firms have benefited from expectations that the government is planning to offer a feed-in tariff to encourage adoption of photovoltaic solar power.

Reuters


Explore the World, Understand China!
Please log on www.gloaltimes.cn Waterproof socks 电磁流量计 混合机 skateboard bearings テレホンセックス ショッピング枠現金化 管理咨询 クレジット 現金化