Suntech Power Holdings Co., Ltd. has begun construction on a thin film R&D and manufacturing facility in Caohejing Hi-tech Park in Shanghai, China. The first phase of the new plant is expected to be operational in 2008, reaching 50 megawatts (MW) of thin film solar cell production capacity in 2009.

Suntech currently projects that the thin film modules will have a solar conversion efficiency of 6% to 9% and an initial production cost of approximately $1.20 per watt