China’s Suntech Selects Phoenix for First U.S. Plant

Nov 18 2009 | 8:38am ET

China’s Suntech Power Holdings will locate its first U.S. photovoltaic (PV) module manufacturing plant in Phoenix, Arizona. The plant will have an initial production capacity of 30MW and is expected to begin production in the third quarter of 2010.

Suntech plantSuntech plantThe Suntech U.S. plant will be between 80,000 and 100,000 square feet and employ over 75 full-time workers at launch. It may double its staff within the year as the North American market develops.

“Bringing manufacturing jobs to the U.S. is part of Suntech’s vision to grow the solar market in every corner of the world,” said Suntech Chairman and CEO Zhengrong Shi. “We are eagerly watching growing markets and see the potential of bringing manufacturing capabilities to other markets where we see the combination of rapid local market growth and manufacturing cost competitiveness.”

Suntech currently employs 60 people in the United States, where it has a network of over 200 solar dealers and integrators for its products. The Chinese company also has partnerships with U.S. firms like MEMC of Texas, its largest supplier of silicon wafers.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...