On Monday, Suntech Power
It's a good thing I wasn't drinking milk when I read that. I hate it when milk spurts out my nose and all over my computer screen. That is the biggest whopper I've read in the business press in quite some time. The real answer is in the label to be slapped on these panels: "Made in America."
Speaking of Arizona, ex-First Solar
Hambro's former employer took a step forward with its planned 2-gigawatt Chinese plant this week, signing a framework agreement with the Ordos City mayor. Never heard of Ordos? Check YouTube for an eye-opening video on "China's empty city." This is indeed a strange piece of the Middle Kingdom.
Remember LDK Solar's
In other China news, the Golden Sun program extended subsidies to 294 different projects totaling 642 megawatts of capacity. That exceeds the previously announced upper bound for the program by 28%, and the target is expected to expand to 1.5 gigawatts by 2015. Suntech claimed 20% of the 91 megawatts' worth of rooftop projects covered under the program.
Of course, this was a big week for Chinese solar earnings reports as well. Canadian Solar had a peppy report, and China Sunergy and Solarfun Power