Suntech awaits clear Thai solar policy
US$20m plant hinges on state support
- Published: 22/09/2011 at 03:24 AM
- Newspaper section: Business
WUXI, CHINA : Suntech Power Holdings, the world's largest solar firm, may invest in a solar cell assembly plant in Thailand along with India and South Africa but is waiting for the new Thai government to clarify its solar energy policy.
Bangchak president Anusorn Saengnimnuan visits the Suntech facility in China, where a lab technician works on production of solar cells.
Shi Zhengrong, the company's chairman and chief executive, said a final decision was expected within the next two years for an initial investment by the company of US$20 million.
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About the author
- Writer: Nareerat Wiriyapong
- Position: Business Reporter
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