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Suntech Wins New China Mobile Contract
Jiangsu-based photovoltaic cell manufacturer Suntech (NYSE: STP) announced on Tuesday that it has won the bid for China Mobile's (NYSE: CHL, 941.HK) 2008 photovoltaic system integration and controller procurement project (24V) and solar cell module and installation support. Suntech beat out more than 30 competitors including Trina Solar (NYSE: TSL) to offer an estimated 2MWp in solar cell modules. Suntech was China Mobile's largest solar supplier providing 1.4MWp of solar modules to nine provinces in 2007.
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