Latest Suntech Power Holdings Co. Ltd. Stories
SAN FRANCISCO and WUXI, China, Dec. 7, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced preliminary financial results for the third quarter ended September 30, 2012. Preliminary results indicate that Suntech's shipments of photovoltaic (PV) products for the third quarter of 2012 declined by approximately 10% from the second quarter of 2012. Revenues in the third quarter of 2012 were...
GOODYEAR, Ariz., Nov. 15, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, will stop two of three production shifts and reduce its workforce at its Goodyear, Arizona, solar panel manufacturing facility. The slowdown in production is due to global oversupply and higher production costs related to recent import tariffs imposed by the U.S. government. The Goodyear facility's annual production throughput will decrease from...
SAN FRANCISCO, Nov. 7, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, offers the following statement regarding the U.S. International Trade Commission's (ITC) final ruling regarding countervailing duties (CVD) and anti-dumping duties (AD) on crystalline silicon photovoltaic cells imported from China. "The continued growth of trade barriers represents a serious challenge to the U.S. solar industry, for American jobs,...
SAN FRANCISCO, Oct. 31, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, today announced that its Wd poly, Wd mono and Ve poly series modules are highly resistant to potential-induced degradation (PID) as confirmed in recent tests performed by the Association for Electrical, Electronic and Information Technologies (VDE), one of the world's leading testing and certification institutes. According to the VDE test report,...
SAN FRANCISCO, Oct. 10, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, offers the following statement regarding the U.S. Department of Commerce's (DOC) final determination to impose countervailing duties (CVD) of 14.78% and anti-dumping duties (AD) of effectively 21.19% on Suntech's crystalline silicon photovoltaic cells imported from China. "Unilateral trade barriers will not make any one company more...
WUXI, China, Oct. 9, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company"), the world's largest producer of solar panels, today announced its strategy to improve operations and solidify its global industry leadership. David King, Suntech's CEO, said, "Trade protectionism and an imbalance between demand and supply have contributed to increasing competition and declining profitability for solar manufacturers globally. In this environment, it is...
SCHAFFHAUSEN, Switzerland, Oct. 8, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, and EDP Renovaveis have signed a contract for Suntech to supply 39 megawatts (MW) of polycrystalline solar panels. The Suntech solar panels will power four new photovoltaic projects under construction in Romania that will be connected between late 2012 and early 2013. "We are pleased to cooperate with one of the most prominent players in...
WUXI, China, Sept. 26, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, announced that South East Asia's largest silicon photovoltaic power plant, a 44-megawatt project called 'Sunny Bangchak', achieved grid connection on September 4, 2012. The project, located in Bang Pa-In, Ayutthaya, forty kilometers outside Bangkok, Thailand, is owned by Bangchak Public Petroleum Co., Ltd (BCP), utilizes Suntech's high performance...
NEW YORK and WUXI, China, Sept. 24, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, today announced that it will create a Commitment to Action as part of the Clinton Global Initiative (CGI) Annual Meeting to help power the Panzi Hospital in Bukavu, Democratic Republic of the Congo (DRC). Suntech will donate up to 300 kilowatts of solar panels to the hospital, which will significantly reduce its dependence on expensive...
WUXI, China and SYDNEY, Sept. 22, 2012 /PRNewswire-FirstCall/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, announced that its Chief Strategy Officer and Executive Chairman, Dr. Zhengrong Shi, has received an Engineering Excellence Award from the Sydney Division of Engineers Australia. The Engineering Excellence Award honors Australian engineers who have made contributions in their fields which are positively impacting communities...
