Shunfeng to Boost Suntech Solar Factory Capacity by 1 Gigawatt
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Shunfeng International Clean Energy Ltd. plans to expand solar production capacity of its Wuxi Suntech Power Co. unit by at least 1 gigawatt, Chief Executive Eric Luo said.
Shunfeng is looking at locations in North America and Southeast Asia to either build a new factory or buy an existing one, Luo said Monday in an interview. The facility will be able to produce “over 1 gigawatt” of cells and panels annually, he said.