31. March 2010

Suntech Increases Net Income by 180%

Chinese Suntech Power, the worlds largest producer of crystalline photovoltaic modules, saw a surge in net income in Q4 to USD 92 million (+182% yoy). For 2010, the company expects to ship 1.25 GW and increase capacity to 1.4 GW (currently 1.1 GW) by mid 2010.