SunTech Power Forecasts Brighter 2011
December 06, 2010 at 19:24 PM EST
SunTech Power Holdings Co. (NYSE: STP) — the largest solar panel maker in the world— delivered an optimistic 2011 forecast to investor analysts on Monday. The Wuxi, China-based company with significant market share and operations in the U.S. expects its sales next year to grow by a minimum of one-fifth, and its revenue to reach $3.4 billion to $3.6 billion. ...The company's forecasts for technological developments were also reasonably rosy.