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NEWS TAGGED SUNTECH
Thursday 21 March 2013
Suntech announces petition of insolvency and restructuring of China subsidiary
China-based large-size solar firm Suntech Power Holdings announced that on March 18, 2013, a group of eight China-based banks filed a petition for insolvency and restructuring of...
Tuesday 19 March 2013
Suntech announces default with respect to 3% convertible notes
Suntech Power Holdings, a China-based solar firm, has announced that it has received from the trustee of its 3% convertible notes a notice of default and acceleration relating to...
Monday 18 March 2013
Incredible: Suntech fails to pay back loans but share price increases by 4%
There is a Chinese saying: observing flowers in the fog. It simply means people aren't seeing things clearly. This is how I feel about the recent events unfolding at Suntech, a China-based...
Friday 15 March 2013
Commentary: The rise and the possible fall of Suntech
Suntech Power Holdings, a China-based solar module giant, said on March 11, 2013, that it has signed a forbearance agreement with the holders of more than 60% of the firm's 3% convertible...
Friday 15 March 2013
Suntech responds to NYSE inquiries related to unusual trading
Suntech Power Holdings, a China-based vertically integrated large-size solar firm, has announced that it has been contacted by the New York Stock Exchange (NYSE) regarding unusual...
Monday 7 January 2013
Digitimes Research: China solar firms continue to see losses in 3Q12
Due to fluctuating demand in Europe, China-based solar module firms Yingli, Suntech and Trina Solar saw shipments in third-quarter 2012 decrease by 16.9%, 10%, and 9% respectively...
Tuesday 13 November 2012
Commentary: Economies of scale vs. larger burden in solar market
Rumors that the three top Taiwan-based solar firms may consolidate into a few large-size firms has been circulating around in the industry. The industry has been questioning the benefits...
Thursday 11 October 2012
US announces final anti-dumping, anti-subsidy verdict on China-based solar firms
The US Department of Commerce (DOC) announced its final verdict on the anti-dumping and anti-subsidy investigation against China-based solar firms on October 10, 2012. A tariff will...
Monday 24 September 2012
Suntech gets delisting warning from NYSE
China-based vertically integrated solar firm Suntech Power Holdings has been warned by the New York Stock Exchange of the possibility of being delisted as the firm's stock has been...
Friday 14 September 2012
Commentary: Global solar market losing energy
Since the second quarter of 2011, the global solar market has been a ship trying to sail in a hurricane. Solar markets in Europe and the US have been building up trade barriers while...
Monday 3 September 2012
Suntech sees 2Q12 shipments and revenues increase sequentially
Suntech Power Holdings (Suntech), a China-based vertically integrated maker of solar products, has announced preliminary financial results for the second quarter ended June 30, 201...
Friday 31 August 2012
Italy files criminal charges against Suntech subsidiary GSF
China-based large-size vertically integrated solar firm, Suntech, has been facing turmoil in recent months. The firm's subsidiary, Global Solar Fund (GSF) has been charged by courts...
Thursday 2 August 2012
Taiwan-based solar firms aware of possible problems at Suntech
Suntech has been involved in a guarantee fraud case and faces possible financial troubles. According to Taiwan-based industry sources, firms have been highly aware of news about Suntech...
Friday 27 July 2012
China market: Government to push domestic solar energy demand to 6GWp in 2012
The China government plans to push up demand for solar energy in the domestic market up to 6GWp in 2012 to help local solar cell and module makers, which have seen their exports squeezed...
Thursday 26 July 2012
Suntech responds to SolarWorld dumping allegations in Europe
Suntech Power Holdings (Suntech), a China-based producer of solar panels, has issued a statement regarding the filing of an anti-dumping complaint by SolarWorld AG at the European...