A roller-coaster ride
Suntech: Over the past three years, the Chinese PV manufacturer Suntech Power Holding went through a roller-coaster ride in its business development, from being the market leading module supplier in 2010 and 2011 to having to file for insolvency in March 2013. What will become of the former market leader after the break-up? An analysis by Götz Fischbeck, CEO of Smart Solar Consulting.
With the now finalized breakup of the company into Wuxi Suntech, which owns Suntech’s main production facilities and has become a fully owned subsidiary of Hong Kong-listed Shunfeng Photovoltaic, many market observers are wondering what will become of Wuxi Suntech and if there is a future for Suntech Power Holding. This article aims to shed …
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