Suntech looking to triple US sales, add dealers
REUTERS - China's biggest solar panel maker, Suntech Power Holdings Co Ltd (STP.N), aims to triple sales in the United States market and expand its dealer network this year, a Suntech executive told Reuters on Monday.
"Suntech has been more in a situation where there is more
demand for our products than we had supply," Suntech Chief
Strategy Officer Steven Chan said in an interview. "If we had
the ability to produce more panels, we could sell the panels."
His comments come as the solar industry is hoping for a
rebound this year after a difficult 2009 when prices for solar
parts fell and the credit crisis choked off funding for new
projects.
