Tag Archives: Suntech

Suntech and Gunkul Engineering collaborate on 63 MW of photovoltaic solar energy projects in Thailand

Suntech has announced today that it will supply approximately 63 megawatts (MW) of solar panels to 8 separate Gunkul Engineering projects being constructed across Thailand. The projects are expected to be grid connected and operational by the end of 2015. “Suntech has shipped more than 260MW of panels to various projects throughout Thailand. Working side-by-side, … Continue reading Suntech and Gunkul Engineering collaborate on 63 MW of photovoltaic solar energy projects in Thailand

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Shunfeng to buy Suntech for $492 Million

Shunfeng Photovoltaic International Ltd. (1165), a Chinese solar company owned in part by Cheng Kin Ming, plans to buy the main unit of what was once the world’s largest photovoltaic maker for 3 billion yuan ($492 million).   Jiangsu Shungfeng Photovoltaic Technology Co. agreed to buy Wuxi Suntech Power Co., according to a statement Shunfeng … Continue reading Shunfeng to buy Suntech for $492 Million

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Suntech’s fall rings alarm bell for China’s solar energy industry

The bankruptcy of Chinese leading solar panel maker Wuxi Suntech stunned the domestic photovoltaic (PV) industry last week, raising wide speculations on the future of the company and the whole sector. On Wednesday, the Wuxi City Intermediate People’s Court approved the company’s bankruptcy and ruled that it was undergoing “bankruptcy reorganization.” The announcement came two … Continue reading Suntech’s fall rings alarm bell for China’s solar energy industry

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Solar panel maker Suntech declares bankruptcy

The bankruptcy of solar panel giant Wuxi Suntech made front page news on Thursday, with many reports looking to the factors that caused the bankruptcy, as well as the bankruptcy’s future impact. Suntech’s problems are undoubtedly a heavy blow to the industry and the country’s drive to promote new energy. Hopes that were pinned on … Continue reading Solar panel maker Suntech declares bankruptcy

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Suntech, EDP Renovaveis enter 39 MW PV solar power supply agreement

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world’s largest producer of solar panels, and EDP Renovaveis have signed a contract for Suntech to supply 39 megawatts (MW) of polycrystalline solar panels. The Suntech solar panels will power four new photovoltaic projects under construction in Romania that will be connected between late 2012 and early … Continue reading Suntech, EDP Renovaveis enter 39 MW PV solar power supply agreement

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