Suntech receives order to equip Southeast Asia's largest solar power plant
Bangkok, Thailand and Wuxi, China - Suntech Power Holdings Co, a producer of crystalline silicon solar panels, has been selected to supply 34.5 MW of solar panels for the first phase of the largest solar power plant in Thailand and Southeast Asia.
In a November 2009 report, the Asian Development Bank projected that energy demand in Asia and the Pacific will grow by an estimated 2.4 percent annually for the next twenty years, a cumulative 80% increase between 2005 and 2030. Suntech believes that solar technology will account for a rapidly growing share of Asia's electricity generation capacity, as economies throughout the region embrace affordable alternatives to carbon-based energy production. According to Solarbuzz research, Asia's solar market grew to nearly 900MW in 2009 - despite the global recession - up from about 630MW in 2008.
Source: IWR Online, 05 Aug 2010