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2014-03-26 16:22:31

WUXI, China, March 26, 2014 /PRNewswire/ -- In a call to unite a financially battered industry, Eric Luo, the CEO of Wuxi Suntech, warned that unless the trade issues between the U.S. and China are resolved, the PV Industry would dramatically shrink. http://photos.prnewswire.com/prnvar/20140326/CN91481 "The real danger we're facing as an industry is not if a Chinese or American company goes bankrupt but if the entire industry value chain collapses. China can manufacture high-end...

2014-03-18 04:20:18

GEORGE TOWN, Cayman Islands, March 18, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that, following the January 27, 2014 judgment from the High Court of the Republic of Singapore ordering Suntech Power Investment Pte., Ltd. ("Suntech Singapore") to pay to Suntech's subsidiary, Power Solar System Co., Ltd. (in liquidation) ("PSS"), approximately US$263.9 million (the "Judgment Debt"), on February 20, 2014, the...

2014-02-28 04:20:15

3 New High-Efficiency Panels to be Revealed at Ecobuild UK WUXI, China, Feb. 28, 2014 /PRNewswire/ --Wuxi Suntech Power Co., Ltd. (the "company," or "Suntech") will be showcasing its new solar products at London's 2014 Ecobuild Exhibition March 4(th) to March 6(th). (Photo: http://photos.prnewswire.com/prnh/20140228/CN74250 ) Wuxi Suntech, the owner of the "Suntech" brand, was acquired by Shunfeng Photovoltaics International Ltd., a HKSE listed EPC & Investment Company, in...

2014-02-22 12:20:10

Chapter 15 petition filed by the Company's restructuring professionals GEORGE TOWN, Cayman Islands, Feb. 22, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that the joint provisional liquidators (the "JPLs") of the Company appointed by the Grand Court of the Cayman Islands to oversee the restructuring of the Company have commenced a Chapter 15 proceeding under the U.S. Bankruptcy Code in a federal court in the Southern...

2014-02-18 04:20:23

WUXI, China, Feb. 18, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today welcomed the January 20(th )announcement that Suntech's Chief Technology Officer (CTO), Professor Stuart Wenham, was awarded the prestigious Institution of Engineering and Technology's (IET) A F Harvey Engineering Research Prize of 300,000 pounds for Professor Wenham and his team's discovery of a new technique which can improve the efficiency of lower-grade...

2014-02-14 00:20:55

GEORGE TOWN, Cayman Islands, Feb. 14, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be...

2014-02-10 08:28:22

WUXI, China, Feb. 10, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that on 15 January 2014, the Company's immediate subsidiary, Power Solar System Co., Ltd (in Liquidation) ("PSS"), issued a writ of summons in the Republic of Singapore against Suntech Power Investment Pte., Ltd. ("Suntech Singapore") for an outstanding balance of US$263,910,599 due from Suntech Singapore. Suntech Singapore failed to enter an appearance...

2014-02-05 20:22:20

Brings Total Board Members to Five; Adds Deep Restructuring Experience GEORGE TOWN, Cayman Islands, Feb. 5, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that it has added a fifth member to its Board of Directors, Mr. Michael Pearson. Mr. Pearson will join Messrs. Michael Nacson, Kurt Metzger, Dr. Zhengrong Shi and Deyong He on Suntech's Board. Mr. Pearson is the co-founder of Fund Fiduciary Partners Limited, a...

2014-02-01 00:20:25

Stipulation for the Dismissal of the Chapter 7 to be Executed GEORGE TOWN, Cayman Islands, Jan. 31, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that it has signed a Restructuring Support Agreement (the "RSA") relating to the petition for involuntary bankruptcy filed against it under chapter 7 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. Under the RSA signed by the...

2014-01-27 08:21:08

WUXI, China, Jan. 27, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that Mr. Deyong He has been appointed as the fourth member of Suntech's Board of Directors, as well as acting CFO. Mr. He joins Messrs. Michael Nacson, Kurt Metzger and Dr. Zhengrong Shi on Suntech's Board. The Board also appointed Mr. Metzger as the second member of the Audit, Compensation and Nominating Committees joining Mr. Nacson on each of these...


Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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