Wuxi Suntech’s New Owner – Giving Credits to Receive Credits

Wuxi Suntech found a new owner, completed its reorganization and dodged bankruptcy.  Although creditors are more or less satisfied with the outcome, there are still suspicions about the true intentions of the man standing behind the new owner – Zheng Jianming

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Assets of Suntech Power Holdings (NYSE: STP) Disappear in the Fire Sale

In apparent confusion, investors had identified the takeover of all Chinese operations belonging to Wuxi Suntech as an injection of capital into the holding company listed in New York

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Companies focusing on solar power station development significantly outperform those that continue to rely on module manufacturing and export in recent years

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With the unique decision to focus early on PV power plant development and an eye on technological innovation, Zha Zhenfa and his company are quietly establishing a massive empire in the end market.

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Friday, 21 June 2013 05:08

EU Tariffs and Chinese Solar Companies

On a positive note, tariffs in the EU created a clear direction for the ASP increase upon any type of agreement

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Out of some 400 enterprises in China in 2011/2012, we identified around 160 with significant levels of capacity remaining active

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According to Bryan Li, CFO of Yingli, his company was among those few who have been better prepared and steered clear of the treacherous waters

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Conversely, almost all recent events have made it very easy for critics and masters of the obvious to foresee the demise of solar, using a single indicator - a profitless business - to measure the future.

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

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

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SPVInvestor Research, Inc.is a Canadian incorporated research firm. We publish CEDR, the most complete, monthly report on exports of modules, cells, wafer from China, including focus on US-listed Chinese companies.