Suntech has announced to cooperate with the new government in Colombo, the biggest city of Sri Lanka. Suntech will provide 378 pieces of polycrystalline solar modules for a roof-top system.

A Wuxi court has approved Shunfeng Photovoltiac International's purchase of Suntech Power's manufacturing arm, taking the protracted saga closer to conclusion.

As of October 9, a total of 47 sites with a total generating capacity of 37.8MW have been seized representing approximately 26.9% of GSF's total generating capacity.

The restructuring administrator of Suntech Power Holdings' Wuxi unit, which was forced into bankruptcy in March, has confirmed CNY3.32 billion(US$541 million) of debt claims, the Wuxi city government said.

eteran American investor Warren Buffett has never had an interest in buying Suntech, according to an interview the Sage of Omaha gave to China Business News, and which was carried by news agency Bloomberg.

According to reports, Suntech Power may sell its stake in the Global Solar Fund Sicar (GSF Sicar), in a bid to reduce its over US$2 billion debt mountain.

Suntech stock has rallied on rumors that Warren Buffet may buy the bankrupt China-based solar company. No one is quite sure why Warren Buffett might want to buy Suntech, Alic writes, and there has been no confirmation from MidAmerican Holdings that any deal is in the works.

The plunge in shares of Suntech Power Holdings, the China-based solar-panel maker forced into bankruptcy in March, highlights risks with structured notes that can leave investors exposed to collapsing equities.

Cash-strapped China-based solar panel maker Suntech Power is seeking to sell some assets and bring in a strategic investor to repay debt and revitalise the company, a person with direct knowledge of the matter told Reuters on April 10.

Suntech Power Holdings has appointed Weiping Zhou, former chairman of Guolian Futures and finance department manager of government-owned investment company Wuxi Guolian Development, executive director and company president.

The main subsidiary of Suntech Power, one of the world's largest makers of solar panels, collapsed into bankruptcy in a remarkable reversal for what had been part of a huge China government effort to dominate renewable energy industries.

Solyndra, the bankrupt solar- panel maker that received a US$535 million US government loan guarantee, accused Suntech Power Holdings and other China-based panel makers of driving it out of business by running an illegal cartel.

Suntech Power Holdings Co. Ltd interim CFO has resigned from her post. Anlin Ting-Mason will stay on as CFO of Suntech America, however.

An Italian court has filed criminal charges against an investment fund controlled by China's Suntech Power Holdings, the world's largest maker of solar panels, accusing it of illegally building solar farms to milk state subsidies.

According to media reports, criminal charges have been filed in Italy against the Global Solar Fund, S.C.A., Sicar (GSF). It is claimed the company "illegally" built solar farms in the country in order to take advantage of available subsidies. The trial is scheduled to begin on December 6.

China-based Suntech Power Holdings Co.,the world's largest solar-panel manufacturer by output, surprised analysts by announcing that its founder would step down as chief executive, and naming as his successor a non-Chinese national who joined the company only last year.

After a couple of particularly challenging months for the company, Suntech has announced it has delivered more than 1GW of solar panels to customers throughout North and South America as of the end of July.

Suntech Power Holdings, the world's biggest solar panel maker, said it may have been the victim of a fraud involving a EUR554.2 million (US$680 million) financing guarantee it extended in 2010.

Solar companies Suntech Power Holdings Co Ltd and Trina Solar Ltd said their first-quarter margins were squeezed as they set aside money to offset anti-dumping tariffs imposed by the US government on solar panel imports from China.

Suntech Power's ebullient Chief Executive Officer Shi Zhengrong got plenty of press at Davos for his proclamation that solar power will be able to compete without subsidies against conventional power sources in half the world by 2015.

DuPont and Suntech Power Holdings announced that they had entered into a strategic agreement with an overall goal of augmenting the supply of PV materials and technologies in the global solar energy market.

Struggling solar manufacturers will likely be driven into mergers with rivals to survive a sector squeeze, a trend that could draw major Asian conglomerates deeper into the renewable energy sector.

China's solar-panel supply glut is consolidating the industry and will likely slash the number of domestic manufacturers to 15 within half a decade, according to a research group at the nation's top economic planning agency.

Recent comments made by SolarWorld's Frank Asbeck claiming that the Chinese solar companies are selling their wares at dumping prices, driving others out of the market has created some ripples, with Suntech refuting the comment. And amidst the continuing growth in China, some US companies are seeing a slump, post-Solyndra meltdown.

Abound Solar Inc., the photovoltaic- panel maker using technology favored by General Electric Co. (GE) and First Solar Inc. (FSLR), said bankruptcies that are culling higher-cost competitors will help lower prices for modules to $1 a watt.