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Suntech News

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  • Shunfeng to buy German develop... 2014-09-01 Shunfeng Photovoltaic, the owner of module maker Suntech, has purchased insolvent German project developer SAG Solarstrom for €65 million (US$85.4million).Shunfeng, through the German subsidiary of Suntech, will acquire all of Solarstrom’s assets. The company had been looking for new investment after a number of delayed project payments forced it to begin insolvency proceedings at the end of 2013....
  • Shunfeng rebounds on Wuxi Sunt... 2014-09-01 Wuxi Suntech’s business recovery since being acquired by Shunfeng Photovoltaic International has been short and dramatic according to Shunfeng’s first half year financial results.Although Shunfeng Photovoltaic, soon to rebranded Shunfeng International Clean Energy had little revenue before the acquisition and its downstream PV power plant business only started operations late last year, Wuxi Sunte...
  • Suntech Panels Continue to Shi... 2014-08-12 Wuxi, China, August11, 2014:The quality of Wuxi Suntech’spolycrystalline silicon modulesrank above industry standards according to OST Energy’s independent technical review of the company. OST Energy also provided independent validation that Wuxi Suntech’s production facilities are in line with international (IFC and World Bank) lender requirements for a primary supply chain.“OST Energy is a well-...
  • Suntech Launches7.5 MW of Off-... 2014-07-30 Suntech Launches7.5 MW of Off-Grid Projectsto Power Schools and Villages in MalaysiaProjects will provide micro-grid solutionsin rural parts of Sarawak state over the coming yearsWuxi, China,July 29, 2014/Press Release/: Wuxi Suntech, one of the world’s largest manufacturers of PV modules, announced that it will provide PV panels for 7.5 MW of off-grid projects to power rural schools and villages ...
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