Suntech Power Holdings Co. and MMA Renewable Ventures have formed joint venture Gemini Solar Development Co. to finance, own and operate solar projects 10 MW and larger, TheStreet.com reports.
MMA is teaming up with Suntech to make sure it can get large volumes of solar panels at a low cost as both companies go after utilities and other larger customers, said Mark McLanahan, vice president of corporate development at MMA.
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