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Suntech Cites Strong Demand

In its latest quarterly earnings announcement, Suntech Power Holdingsreports that its total net revenues for the first quarter of 2010 willbe in the area of $580-590 million, with a gross margin in the area of19 to 20 percent. The company noted that its previous guidancehad predicted a gross margin of 18 to 20 percent. Suntech [...]

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Report Cites Rapid Growth in PV Iindustry

Solar panels are becoming as attractive to investors as they are tohomeowners in light of recent data showing how much the industry hasbeen growing. According to the recent report from the European Photovoltaic Industry Association, the global solarphotovoltaic electricity market saw its installed capacity rise above 22 gigawatts in 2009, gaining 7.2 gigawatts last year [...]

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