Solar Industry sees some Positive Light The recent news flow in the solar industry has started taking a positive slant with increasing panel prices and resurgent demand from new areas like China and Japan. Quarterly results have started surprising on the positive side, though many companies continue to accumulate losses. Some stock like First Solar […]

Warren to buy Suntech? Suntech stock surged almost 28%, after a rumor that the world’s smartest investor Warren Buffet would buy the company. I don’t know why would Buffet invest in the penny stock and if anybody other than the Chinese Government would be interested in Suntech. Though Warren Buffet had invested in solar energy […]

Suntech Debt Default Suntech (STP) which is one of the worst managed solar companies in the industry has been going through tumultuous times after it got entangled in a multi-million dollar fraud and firing its chairman and founder Zhengrong shi. The company now has defaulted on $541 million convertible debt, which came up for redemption […]

Suntech, China The world’s largest solar panel company in 2011 now faces possible closure as it does not have money to pay the convertible bond due in March 2013. Suntech has been one of the worst managed solar companies despite its initial advantage and size. The company has made numerous mistakes over the years. The […]

The travails of China’s top solar panel manufacturer do not seem to stop with its credibility being hit by a new problem each day. Suntech has made massive management blunders in the past for which it is paying heavily today. The company which is reeling under billions of dollars of debt has restructured its management […]

Revised US Duties The US Government has got a complicated way of imposing duties on imported products considered to be receiving unfair subsidies and/or being dumped in US markets. The US Department of Commerce gave its final ruling on imports of Chinese made solar cells on 10th Oct, 2012 after announcing  a preliminary ruling early […]