18 September 2012 07:41 [Source: ICIS news]
“In sight of the preliminary
“With a smaller manufacturing base we will be able to lower production cost, increase utilisation rates and improve product performance,” he added.
After the restructuring, Suntech Power’s operational solar cell capacity will temporarily be reduced to 1.8 gigawatt (GW), module capacity will remain at 2.4GW and wafer capacity will remain at 1.6GW, the statement added.
The company did not disclose the previous capacity before the planned reduction.
Suntech Power is on track to reduce its operating expenses by 20% year on year in 2012 compared with 2011.
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