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China to Install Up to 5 Gigawatts of Solar This Year, Shi Says

China may install as much as 5 gigawatts of solar panels this year, according to Suntech Power Holdings Co. Chief Executive Officer Zhengrong Shi.

Suntech, the world’s largest solar-panel maker, expects to sell as much as 400 megawatts of panels this year in China, Shi said today during a conference call with analysts.