Bloomberg quotes SFCE chief executive Eric Luo as saying that the group will either set up a new plant or purchase one, likely in North America or Southeast Asia.
Luo also said that the group — which posted a 1.3bn yuan ($209.5m) net profit in 2014, from a 1.8bn yuan loss a year earlier, largely on the strength of solid sales of Wuxi Suntech’s PV modules — is upbeat about future opportunities in the US market, and expects PV demand to surge in China later this year.
The
