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Suntech Signs for RMB 8B, 500MW project in China, Pacific Epoch reports 06/30/2009

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 (NEWS!) STP Signs for RMB 8B, 500MW project in China, Pacific Epoch
reports      23 minutes ago
Suntech Signs for RMB 8B, 500MW project in China, Pacific Epoch
reports
BY Fly On The Wall
— 08:51 AM ET 06/30/2009

Suntech Power Holdings (STP

) has agreed to invest RMB 8 billion to establish a three-phase 500MW
on-grid photovoltaic project in Panzhihua, Sichuan province, reports
Pacific Epoch. On June 26, Suntech Power (STP

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) signed a framework agreement with the Panzhihua municipal government
in Wuxi, Jiangsu province, said the report. Hui Tong Credit Guaranty
and Taiwan-based Nanowin Technology have announced plans to invest a
combined amount of $150M in solar projects in Panzhihua. [Reference
Link]:[http://www.jlmpacificepoch.com/newsstori...]