Solar Power 'Sets Sail' in Shanghai   

By Jianmin Zhang   

Suntech Power Holdings Co., Ltd. (NYSE: STP) launched June 5th the Suntech-Guosheng solar sailor on the Huangpu River in Shanghai. The innovative 31.5 meter solar-powered passenger vessel features proprietary 'solarsail' technology developed by Australia-based Solar Sailor. The eco-friendly vessel will cruise the Huangpu River for the Shanghai World Expo.
   Suntech is building a crystalline silicon cell and module production plant in Shanghai to meet the soaring global demand for solar products. The first phase is expected to be completed at end of June 2010 and the full project is scheduled to be operational in 2011.
   The Shanghai production plant will add 1 000 MW of crystalline silicon cell and module capacity over next three years for Suntech, according to Dr. Zhengrong Shi, Founder and CEO, Suntech.