Suntech targets UK PV market to fuel growth

Suntech targets UK PV market to fuel growth

Business news |
By eeNews Europe

At London’s 2014 Ecobuild, one of the world’s largest trade shows for sustainable design, construction and energy, Suntech will this week reveal three new products: a new integrated AC module offering additional energy yield while reducing installation and maintenance costs, a black module with high power, and a 1500 V module, developed for utility scale projects. All the products have been designed to perform well in low light conditions.

"We are placing much attention on the UK solar PV market, which ranked sixth in solar PV capacity added in 2013. During the first quarter of 2014 we expect the UK to become the largest solar market in Europe for the first time ever. This is a great opportunity and we believe we have the right resources to support the UK solar market," explained Ping Xu, Suntech’s Director of Sales for Europe.

Pictured above Eric Luo, Suntech’s new CEO, commented: "As a re-emerging company with minimal debt and a healthy balance sheet, we are focused on increasing our capacity and staff in key markets and are also looking closely at several strategic acquisitions in Europe in 2014."

"We expect that in 2014 we will manufacture and ship up to 2.5 GW of panels, 20% more than in our peak year of 2011."

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