SPVI news

The reorganization seems to be going smoothly as at least 400 of Wuxi Suntech’s creditors have registered with the committee

CEO Terry Gou is gearing up to further expand his OEM empire to conquer the already bloody battlefield of the solar energy PV business. 

Although there is nothing encouraging in the current results, the company is expecting better times ahead

Even though there’s no apparent indication that the Wuxi Suntech’s bankruptcy filing has made an impact on the sense of urgency from China’s banks, ReneSola’s loan seems a good sign 

China is the largest market for JA Solar. In Q4, 56% of its total cell and modules were shipped to China and 24% to other markets in Asia Pacific, while only 16% were shipped to Europe

Base on the scale of the bad debt write-off, it appears LONGi is one of the victims suffering the heaviest from the crumbling of Wuxi Suntech

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