Suntech Power Holdings has opened a sales office in South Korea to accelerate its business development and broaden local customer service capabilities.
The company said that South Korea is one of the foremost supporters of the solar industry, with attractive feed-in-tariffs of more than $0.70/kWh and an impressive target of 1.3GW installed photovoltaic (PV) capacity by 2011.
Zhengrong Shi, chairman and CEO of Suntech, said: The South Korean market for solar energy has quickly developed into one of the key drivers for solar demand in Asia and we are very pleased to have established a base there. In a short time frame, we have put together a strong team consisting of four people with over 15 years of combined experience in the PV industry.
Our team will focus on building strong customer relationships and delivering exceptional pre- and post-sales service. This office is integral to Suntech’s plan of developing and maintaining key customers in diverse markets with long-term growth potential.