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News Breaks | | | | March 21, 2013 | | 08:05 EDT |  | STP | Suntech announces that Wuxi Court accepted petition for restructuring
Suntech today announced that the Wuxi Municipal Intermediate People's Court in Jiangsu Province, China has formally accepted the petition for the insolvency and restructuring of the company's Chinese subsidiary Wuxi Suntech Power. The Court has appointed an administration committee, consisting of local government representatives and accounting and legal professionals, to administer the restructuring of Wuxi Suntech. The insolvency and restructuring procedure is designed to facilitate an orderly process for both Wuxi Suntech and its creditors. The primary goal is to restructure Wuxi Suntech's debt obligations, while continuing production and operations. | |
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News For STP From The Last 14 Days Check below for free stories on STP the last two weeks. |
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| May 22, 2013 | | 13:35 EDT | | STP | Cautious solar note, SolarCity lock-up highlighted by CNBC's Greenberg
 Subscribe for More Information | | | 10:01 EDT |  | STP | Early talks over China-EU solar panel dispute fail, Xinhua says
First-round talks to ease the current solar panel trade fight between China and the European Union have failed, reported Xinhua, citing Chinese trade body sources. Reference Link | | | 06:26 EDT | | STP | IHS: Solar industry CapEx down 36% in 2013, Digitimes says
Subscribe for More Information | | | May 21, 2013 | | 06:42 EDT | | STP | U.S., EU to negotiate with China over solar trade dispute, NY Times says
The U.S. and EU will negotiate settlements with China over allegations that the country's solar energy sector carried out illegal trading practices, according to The New York times. Under a deal that's starting to emerge, Chinese solar companies would have to raise the prices of their solar panels, but the companies would no longer have to pay high tariffs, the newspaper explained. Reference Link | | | May 20, 2013 | | 08:00 EDT | | STP | German minister calls potential EU solar tariffs 'grave mistake,' FT says
Subscribe for More Information | | | 06:26 EDT | | STP | Europe solar trade tariffs may slow down market growth, DigiTimes says
Europe solar trade tariffs may slow down the market growth although some Taiwan firms may benefit from them against China players, reports Digitimes Research. An anti-subsidy tariff against China-based solar firms is expected to be 30%-67.9% with the average as high as 57.6%. Reference Link | |
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