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Friday, November 20, 2009
Suntech Power Holdings Co Ltd, China’s largest solar panel maker, hopes its first U.S. manufacturing plant in Arizona will ease worries that China may be taking green jobs from the United States, an executive said on Monday.
Suntech Power Holdings Co Ltd, China’s largest solar panel maker, hopes its first U.S. manufacturing plant in Arizona will ease worries that China may be taking green jobs from the United States, an executive said on Monday.
Suntech said on Sunday that it picked Arizona as the site for its U.S. panel assembly facility, which will use solar cells shipped from China.
Shares of Suntech, which is set to report quarterly results on Thursday, were up nearly 13 percent at $15.47 in trading on Monday on the New York Stock Exchange.Read Full Article
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