Suntech plans Uzbekistan factory

Tashkent

Uzbekistan set up a solar research institute in its capital Tashkent

China's Suntech has agreed to build a solar panel factory in Uzbekistan, as the country seeks to expand its use of renewable energy.

Suntech, one of the world’s largest manufacturers of panels,signed a memorandum of understanding (MOU)  with the country’s state-owned energy company Uzbekenerg to build the joint venture facility in the Navoiy free industrial and economic zone, according to a report by Russian news agency RIA Novosti.

A Suntech spokesman confirmed to Recharge that a MOU has been inked, but declined to confirm who the company has signed the agreement with.

He also says earlier reports stating investment in the factory will amount to $10m are inaccurate.

No further details on the size of the factory, expected construction schedule Log in to read complete article.

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