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  1. Business - Companies

    Unit of China’s Suntech in strategic investment talks

    Posted Aug 06th 2013, 05:24pm by Reuters

    ... Reuters The main unit of troubled Chinese solar panel maker Suntech Power Holdings is in talks with five companies for strategic investments as part of efforts to restructure its US$1.75 ... Power spokesman in Wuxi said the company had no comment on the restructuring and the debts. The newspaper on Monday quoted Huang Qin, vice mayor of Wuxi, where Suntech is headquartered, ...

  2. Business - Companies

    A burning paper trail

    Posted Apr 04th 2013, 12:00am by Bloomberg

    ... as of July 1, 2011, of whom 31 recommended either holding or buying the stock, data shows. For example, Robert Stone of Cowen & Co in Boston rated Suntech "outperform" in July 2011 when ... Bloomberg in New York Documents filed with US regulatory authorities catalogue the financial meltdown that led former solar high-flyer Suntech into bankruptcy A burning paper trail Suntech ...

  3. Business - Companies - SOLAR ENERGY

    China unlikely to bail out Suntech

    Posted Mar 15th 2013, 12:00am by Bloomberg

    ... Bloomberg Indebted solar-panel maker may go bankrupt, with government reluctant to provide support Beijing unlikely to bail out Suntech The mainland will not rescue Suntech Power from its ... Jiabao this month. Suntech's best course would be to "file for bankruptcy for some assets and let a state-owned power enter to protect certain interests," Meng said. "The ...

  4. Suntech in US$678m take-or-pay deal for solar cell components

    Posted Jun 15th 2007, 12:00am by Eric Ng

    ... Eric Ng Suntech Power Holdings, the mainland's largest solar-cell maker by market value, has signed a 10-year contract to buy polysilicon for up to US$678 million to ensure supply for its rapid expansion. Suntech, based in Wuxi, Jiangsu province, said it had signed the deal with United States-based Hoku Materials, a subsidiary of Nasdaq-listed Hoku Scientific, to buy ...

  5. Suntech Power bond sale targets US$300m

    Posted Feb 08th 2007, 12:00am by Nevin Nie

    ... Nevin Nie Suntech Power Holdings, the largest Chinese solar-cell maker by market value, said it planned to raise US$300 million by selling convertible bonds to help fund capacity expansion ... Holdings is seeking US$225 million from a Nasdaq initial public offering, while Trina Solar and Solarfun Power Holdings offered shares in the US in December. JA Solar priced its 15 million ADS ...

  6. Business - China Business

    Shunfeng named preferred bidder for troubled Suntech unit; shares surge

    Posted Oct 11th 2013, 12:00am by Reuters

    ... Reuters Shunfeng preferred bidder for Suntech unit Solar panel maker Shunfeng Photovoltaic International has been chosen as the preferred bidder for a stake in the main unit of troubled rival Suntech Power Holdings, according to a notice from the mainland's Wuxi government. The Hong Kong-listed shares of Shunfeng ended more than 22 per cent higher yesterday, adding ...

  7. Comment - Blogs

    Suntech's D-day nears, Yingli's mixed results

    Posted Mar 05th 2013, 12:33pm by Doug Young

    ... Doug Young New developments in the battered solar energy space indicate the day of reckoning is fast approaching for embattled Suntech (NYSE: STP), even as the latest results from rival Yingli (NYSE: YGE) are showing early signs of a rebound for the battered sector. Industry watchers will recall that cash-strapped Suntech has nearly US$600 million worth of bonds that will mature ...

  8. Comment - Blogs

    Suntech eyes Italy asset sale, LDK defaults

    Posted Apr 18th 2013, 03:16pm by Doug Young

    ... Suntech's GSF stake makes much more sense than the earlier one last week. That's because Buffett has a record of buying existing solar power plants, which is essentially what he would ... Doug Young Suntech could sell its Italian assets to Warren Buffett at a big discount, while LDK could avoid bankruptcy by selling off most of its assets A restructuring storm continues ...

  9. Suntech snaps up MSK in Japan push

    Posted Aug 04th 2006, 12:00am by Staff Reporter

    ... Lee Yuk-kei Deal gives mainland firm a foothold in the world's largest solar cell market Suntech Power Holdings, the largest Chinese solar-cell maker by market value, has agreed to acquire a Japanese rival for up to US$300 million in an attempt to expand into the world's largest solar power market. Suntech said yesterday that it would buy two-thirds of MSK Corp ...

  10. Business - Companies

    China expects to end solar trade spat with EU next month: official

    Posted Jul 05th 2013, 11:30am by Reuters

    ... Energy and Suntech Power Holdings. The EU accounts for about half of China's solar exports, which have already been hit hard by the slashing of European subsidies for renewable power because ... aimed to boost its solar power generating capacity to 100,000 megawatts by 2020, up from 800 megawatts at the end of 2010. ...




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