Aug 26
New post on: Solar Feeds
Chinese solar giant Suntech Power Holdings is selling solar photovoltaic panels in the US below its costs for materials, assembly and shipping, the company’s founder and chief executive, Shi Zhengrong, says in a New York Times story.
Solar module prices are expected to tumble as much as 25% to $2.25-$2.30 per watt by year end from $3 in 2008, according to a Navigant Consulting analyst Paula Mints’ presentation last month at InterSolar North America. The story, which emphasizes China’s leading role in the global solar marketplace, reveals other details of Suntech’s US strategy.
