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Thursday, 27 September 2012 - First Solar names executive to help grow in China |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  Exploring Yosemite A look at picturesque Yosemite National Park .  Slideshow  Images from Hubble Striking images from the Hubble Telescope.  Slideshow  First Solar names executive to help grow in China Tweet Share this Email Print Related News China solar groups reject illegal subsidy complaint Wed, Sep 26 2012 U.S. poised to hand over $197 million to another solar panel start-up Mon, Sep 24 2012 Suntech slashes production, LDK Solar seeks funds Mon, Sep 17 2012 PXP using big debt load to buy BP's U.S. Gulf wells for $5.5 billion Mon, Sep 10 2012 EU solar panel inquiry draws warning from China Thu, Sep 6 2012 Analysis & Opinion No BRIC without China Related Topics Tech » Thu Sep 27, 2012 8:59am EDT (Reuters) - First Solar Inc (FSLR.O) appointed Bruce Yung as managing director of business development for China as the largest U.S. solar panel maker looks to expand in the country. China is looking to aggressively scale up its solar market. The country last month hiked its 2015 target for solar power capacity by 40 percent to about 21 gigawatt (GW), the third increase in just over a year. The appointment will help expand the market for utility-scale solar power plants in China, First Solar said in a statement. Yung, who has 25 years of experience in the energy industry, was most recently managing director of China Renewable Energy Investment Ltd, a renewable energy company focused on China. Yung, who will be based in Beijing, has previously worked with BP Plc (BP.L), Entergy (ETR.N) and British Gas. In a separate statement, First Solar said it would build solar projects totaling 20 megawatts for PNM Resources Inc (PNM.N) in New Mexico. First Solar shares were up 2 percent before the bell. The stock, which has risen 40 percent in the last three months, closed at $20.90 on Wednesday on the Nasdaq. (Reporting by Swetha Gopinath in Bangalore; Editing by Sriraj Kalluvila) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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