Tag Archives: suntech
Suntech Update: Still Alive, but Badly Injured
Suntech, once the globe’s solar panel leader, recently declared insolvency. Yingli has replaced Suntech as the global solar panel leader. We are watching Suntech’s “ambiguous bankruptcy” as the company struggles to survive or transform. China’s Suntech is looking for more time to restate its full-year 2012 financials while revealing that its 2012 revenue halved to [...]
Top 10 Solar Panel Manufacturers
There has been a shaking out period going on for a while in the solar industry. Big names like BP and Bosch have dropped their solar divisions, while other companies have just gone under like Konarka and of course, Solyndra (which never really was that big). Well which manufacturers have not only held on, but [...]
The Suntech Bankruptcy and the Future of Solar
The bankruptcy of Suntech Power Holdings, one of China’s (and hence the world’s) largest solar panel manufacturers, might seem like bad news for the solar industry. It’s not. It’s just bad news for Suntech shareholders. Suntech made a huge mistake, purchasing an 80% stake in Global Solar Fund in 2008. Turns out that was not [...]
Will Suntech Power Survive?
It’s hard to believe the world’s largest solar panel manufacturer, Suntech (NYSE: STP) could go bankrupt, but right now its chances are greater than 50/50 – and it could file next week. When Suntech missed last week’s deadline to repay $540 million in bonds that came due, bondholders gave it another two months, but it doesn’t have the cash to make payments. [...]
Suntech Power: We Practice Sustainability
At Suntech, we believe in practicing what we preach. Since our humble beginnings more than a decade ago, we’ve shipped more than 7 gigawatts of solar products to customers in more than 80 countries — that’s enough panels to generate roughly 9 terawatt-hours of electricity! (Check out the infographic here) As we’ve grown, we’ve made [...]
Thailand’s Largest Silicon PV Plant
Earlier this year, Suntech supplied solar panels to the largest silicon photovoltaic power plant in Southeast Asia. Thailand is known for its sunny beaches and warm hospitality, and its solar energy industry is now drawing attention as well. The ‘Sunny Bangchak’ solar plant, which went operational this year, is a 44-megawatt project located in Bang [...]
The Future of the Solar Industry
Myths about the use of solar energy abound. There’s the idea that solar panels are inefficient, unreliable or hard to maintain. Another myth states that solar panels are too expensive for widespread usage. (All untrue!) Perhaps one of the most persistent fallacies about solar is that PV panels can’t provide the energy you need when [...]
Struggling Chinese Solar Companies: Your Goverment Is Here to Help
The Chinese government is stepping up efforts to prop up struggling domestic solar companies by helping them expand locally – with loans, subsidies and policies that stimulate in-country generating capacity. China’s $20 billion export-oriented solar industry is now looking internally for growth because of excess inventory from lower foreign demand (due to cuts in subsidies in Germany [...]
Panzi Hospital Saved by Suntech’s CGI Promise
Decades of conflict, poverty and lack of government investment have left the Democratic Republic of Congo’s (DRC) healthcare system in tatters. Today only 20% of the population has access to healthcare. The situation is further aggravated by the fact that the country’s infrastructure is in poor condition, making medical access for remote communities extremely difficult. [...]