Solar News Updates

Solar Stocks are opening lower today, following the rest of the market that seems to be set for a weaker open today.

Maybe this is the beginning of the correction that might last some days.

Some news regarding Suntech Power Holdings Co., Ltd. (STP):

Suntech, CECIC Enter into Strategic Agreement to Develop Solar Projects

Suntech Power Holdings, a manufacturer of photovoltaic modules, has entered into a strategic agreement with the China Energy Conservation Investment Corporation to develop solar projects over the next five years.

Through the partnership, the China Energy Conservation Investment Corporation (CECIC) will primarily be responsible for project investment and solar project development and Suntech will supply solar products, system design and technical support.

Suntech and CECIC plan to focus on the development of large scale on-grid projects, urban building-integrated photovoltaics (BIPV) projects, rural off-grid projects, and wind-solar hybrid projects.

Labels: Solar News, Solar Stocks, STP, Suntech Power

posted by Ertai at 8:24 AM