China's Suntech solar plans to triple US sales
- added October 08, 2008
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"Chinese solar company Suntech Power said Thursday it will triple sales in the United States next year through large megawatt and commercial projects and an aggressive expansion in the residential market.
Suntech is broadening its reach into commercial sector by acquiring EI Solutions, the California company that helped convert Google's renowned headquarters to run partly on solar power.
That Pasadena-based company is part of a high-tech incubator run by entrepreneur Bill Gross, whose idea to link ads to search engine requests during the 1990s inspired the business model that generates most of Google's profits.
The acquisition will give Suntech a launch pad for commercial, utility and government contracts...
'Everyone recognizes that the U.S. is potentially the largest (solar) market in the world,' [Roger Efird, president of Suntech's U.S. unit] said. 'The stars are starting to line up.' "
Full story at link...
Suntech is broadening its reach into commercial sector by acquiring EI Solutions, the California company that helped convert Google's renowned headquarters to run partly on solar power.
That Pasadena-based company is part of a high-tech incubator run by entrepreneur Bill Gross, whose idea to link ads to search engine requests during the 1990s inspired the business model that generates most of Google's profits.
The acquisition will give Suntech a launch pad for commercial, utility and government contracts...
'Everyone recognizes that the U.S. is potentially the largest (solar) market in the world,' [Roger Efird, president of Suntech's U.S. unit] said. 'The stars are starting to line up.' "
Full story at link...
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