exposure, page-7

Yesterday I posted about China providing funds for Solar, well I found the link, see below, but I also saw the post below from Yahoo STP, it is a reply to an STP investor from STP's investor relations director, what he says is at odd's with what STP said themselves not that long ago re it's PLUTO manufacturing,here:-
Suntech Stumbles with Pluto : Greentech Media
3 Jun 2010 ... Suntech pulled back on production goals in 2008 due to the economic ... The delay in the ramp up of Pluto technology is inexcusable. ...
www.greentechmedia.com/articles/read/suntech-stumbles-with-pluto/ - Cached

Unless Suntech have found something that we haven't been told about,something that may increase PLUTO's efficiency, cost, and ease of manufacturing ability? I think I may know what that may be?

HERE is the post from Yahoo

BY sirfisup
I have been consistent with my message regarding the need for STP to reduce costs and have harped about the dealy of Pluto mass production.

Here is the same regurgitated messages that I receive from McPherson which still do not address the major issues 1-cost 2-Pluto-mass production.


Dear Rudy,

Thanks for your detailed feedback. With regard to strategic direction, Suntech is committed to continually generating industry leading technology and being a cost and value leader in the production of crystalline silicon solar modules. We are in the process of optimizing Pluto production, and expect to be able to ramp production at some point in the second half of this year. There is strong demand for Pluto from our existing customer base and we expect that it will help to lower our cost structure and significantly differentiate Suntech in the marketplace. Both Dr. Shi and Dr. Wenham are committing a significant proportion of their time to drive the development of this technology.

While we haven't been vocal about specific project announcements recently, we have made significant progress building our market share in the US market. In fact we expect to more than triple shipments to the US in 2010, compared to 2009. Demand is also extremely strong in our core markets in Europe and we are operating at full capacity. We are confident that our operational performance will ultimiately translate into shareholder value and will continue to update the market on our progress on earnings calls and via other public announcements.

Best regards,

Rory

Rory Macpherson
Investor Relations Director
Suntech Power Holdings Co., Ltd.
Email: [email protected]

AND here is the FUNDING I spoke of yesterday

Chinese Official Boasts Even Bigger Environmental Agenda (JKS, STP, SOL, APWR, CWS, GE, SI)
by Owen Vater | July 20th

http://www.tickerspy.com/newswire/?p=2759


Back in November China announced plans to more than double its environmental protection spending through 2015, potentially amounting to $454 billion. According to Bloomberg, the government now plans to spend 5 trillion yuan, or about """$738 billion over the next decade""" in an effort to reduce harmful emissions. Meanwhile, The Wall Street Journal reports that China is disputing International Energy Agency data that it surpassed the U.S. as the worlds largest energy consumer last year.

It will be interesting to see whether any of the nearly quarter-trillion dollar clean-up spending will give a boost to the Chinese Solar Stocks Index, which has outperformed the S&P 500 by more than 20% over the last month. Today, 2010 IPO JinkoSolar Holding (JKS) is the only notable winner, gaining 3% on sparse news as Suntech Power Holdings Co (STP) and ReneSola (SOL) sink by more than -1%.

Chinese wind shares spiked in overnight trading after Deutsche Bank put a Buy rating on Hong Kong-listed Xinjiang Goldwind Science & Technology and Shenzhen-listed China Longyuan. The firm cited growing power demand, rising coal prices, and strong government support for its optimism, according to coverage by Bloomberg.

The wind optimism didnt carry over to U.S.-listed shares as China-based A-Power Energy Generation Systems (APWR) and China Wind Systems Inc (CWS) gain only fractionally, and the Wind Energy Stocks Index slips for the session. Given that global giants like General Electric (GE), Mitsubishi, and Siemens AG (SI) are all fighting for market share, the largely fragmented small-cap space isnt a sure-shot for profits amid wind energy expansion.

Investors can track the Chinese Solar Stocks Index and Wind Stocks Index for performance trends and a suite of other metrics at tickerspy.com.