Shunfeng aims for 9GW in China

Suntech has not reported a profit since the first quarter of 2011

Shunfeng is closing in on Suntech's manufcaturing arm

Shunfeng intends to build 9GW of PV capacity in China over the next three years, while exporting up to 1GW of modules a year to other customers after finalising its acquisition of Wuxi Suntech.

Shunfeng anticipates building 3GW of utility-scale PV annually over the next three years, chairman Zhang Yi tells the South China Morning Post.

“By the end of 2016 we will have 10GW,” Zhang says.

Last week Shunfeng, which claims to be in the final stages of acquiring bankrupt Suntech’s manufacturing arm, announced that it has taken 890MW of PV capacity on line in China, making it one of the world’s largest generators of solar electricity.

Shunfeng intends to set Wuxi Suntech’s factories humming once again to feed its voracious need for modules, while also shipping 500MW-1,000MW each year to external customers in Europe, Log in to read complete article.

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