| Date | Title | | | 06/18/13 | Suntech's European Subsidiary Granted Definitive Moratorium| WUXI, China, June 18, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech Holdings" or the "Company") today announced that Suntech Power International Ltd. ("SPI"), the Company's principal operating subsidiary in Europe, has been granted a definitive moratorium on creditor claims from the judicial authorities in Schaffhausen, Switzerland. The moratorium is for a six month period and may be extended thereafter.
Previously, on April 9, 2013, SPI had been granted a provis... |
|  | | 06/17/13 | Suntech Displays European Union AD-tariff Free Modules, Residential Energy Storage System (RESS) and Double Glass Module at Intersolar Europe 2013| RESS will qualify for new PV storage subsidy rates announced by the German government
WUXI, China, June 17, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech Holdings" or the "Company"), one of the world's largest solar power companies, today announced that its European Union anti-dumping (AD) tariff free modules, Residential Energy Storage System, and double glass module will be on display at Intersolar 2013 in Munich, Germany.
Suntech will be able ... |
| | | 05/15/13 | Suntech Agrees on New Forbearance Agreement with Convertible Note Holders| WUXI, China, May 15, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced that it has agreed on a new forbearance agreement with the majority of the holders of the Company's 3% Convertible Notes (the "Notes"), for which a principal payment of US$541 million was due on March 15, 2013. Under the new forbearance agreement, the signing bondholders agree not to exercise their rights under the Notes and the related ind... |
| | | 05/14/13 | Suntech Receives NYSE Notice Regarding 2012 Annual Report| WUXI, China, May 14, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company"), one of the world's largest producers of solar panels, today announced that it has received a notification from the New York Stock Exchange (the "NYSE") that it has failed to timely file its Form 20-F for the fiscal year ended December 31, 2012 (the "2012 Annual Report"). The Company had previously announced on May 1, 2013 that it required additional time to complete its 2012 Annu... |
| | | 05/01/13 | Suntech Announces Preliminary Financial Results for the Fourth Quarter and Full Year 2012| Provides Updates on Restructuring Initiatives
Announces Delayed Filing of Annual Report on Form 20-F
SAN FRANCISCO and WUXI, China, May 1, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) (the "Company" or "Suntech"), one of the world's largest producers of solar panels, today announced preliminary financial results for the fourth quarter and full year ended December 31, 2012.
Preliminary results indicate that Suntech's shipments of photovoltaic (PV) products for the f... |
| | | 04/10/13 | Suntech's European Subsidiary Granted Provisional Moratorium| WUXI, China, April 10, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech Holdings" or the "Company") today announced that Suntech Power International Ltd. ("SPI"), the Company's principal operating subsidiary in Europe, has been granted a provisional moratorium for two months on creditor claims by the judicial authorities in Schaffhausen, Switzerland. SPI had applied for the provisional moratorium as a result of over-indebtedness, a requirement under local law and regul... |
| | | 04/09/13 | Suntech Receives Continued Listing Standards Notice from the New York Stock Exchange| WUXI, China, April 9, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company"), one of the world's largest producers of solar panels, today announced that it has been notified by the New York Stock Exchange (the "NYSE") that the Company did not meet the NYSE's price criteria for continued listing standard because, as of April 4, 2013, the average closing price of the Company's American Depositary Shares, or ADSs, was less than $1.00 per ADS over a consecutiv... |
| | | 03/21/13 | Suntech Announces that Wuxi Court Accepted Petition for Restructuring of Chinese Subsidiary Wuxi Suntech|
WUXI, China, March 21, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), or the "Company", 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 Co., Ltd. ("Wuxi Suntech").
The Court has appointed an administration committee, consisting of local government representatives and accounting and legal professional... |
| | | 03/20/13 | Suntech Power Holdings Co., Ltd. Announces Petition of Insolvency and Restructuring of its Chinese Subsidiary Wuxi Suntech Power Co., Ltd.|
WUXI, China, March 20, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), or the "Company", today announced that on March 18, 2013, a group of eight Chinese banks filed a petition for insolvency and restructuring of its Chinese subsidiary Wuxi Suntech Power Co., Ltd. ("Wuxi Suntech") in the Wuxi Municipal Intermediate People's Court in Jiangsu Province, China. Wuxi Suntech today notified the Court that it will not file an objection against the petition. The Company expects that... |
| | | 03/19/13 | Suntech Appoints Philip Fan and Weiping Zhou to Board of Directors| Mr. Zhou Appointed President of Suntech
WUXI, China, March 19, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced it has appointed two new directors to the Company's Board of Directors effective immediately. Mr. Philip Fan has been appointed as an independent director and Mr. Weiping Zhou has been appointed as an executive director of the board and President of Suntech. With the new appointments, Suntech's... |
| | | 03/18/13 | Suntech Announces Default with Respect to Its 3% Convertible Notes| Note Holder Support for Consensual Restructuring Continues
WUXI, China, March 18, 2013 /PRNewswire/-- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company") today announced that it has received from the trustee of its 3% Convertible Notes (the "Notes") a notice of default and acceleration relating to Suntech's non-payment of the principal amount of US$541 million that was due to holders of the Notes on March 15, 2013. Such event of default has also trigger... |
| | | 03/14/13 | Suntech Responds to NYSE Inquiries Related to Unusual Trading|
WUXI, China, March 14, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) (the "Company"), one of the world's largest producers of solar panels, announced that it has been contacted by the New York Stock Exchange, Inc. regarding today's unusual trading activity relating to its American depositary shares. Management of the Company is not aware of undisclosed events that triggered such trading activity. The Company is aware of recent market rumors and third party reports regardi... |
| | | 03/12/13 | Suntech to Close Arizona Factory| GOODYEAR, Ariz. and WUXI, China, March 12, 2013 /PRNewswire via COMTEX/ --Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, will stop production at its Goodyear, Arizona, solar panel manufacturing facility on April 3, 2013, with forty-three employees affected.
Higher production costs exacerbated by import tariffs on solar cells and aluminum frames imposed by the U.S. government, as well as global solar module oversupply, contributed to the fac... |
| | | 03/11/13 | Suntech Signs Forbearance Agreement with Convertible Note Holders|
WUXI, China, March 11, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced that it has signed a forbearance agreement with the holders of more than 60% of the Company's 3% Convertible Notes (the "Notes"). Under the forbearance agreement, in the event the Company does not make payments due under the Notes on March 15, 2013, the signing bondholders agree not to exercise their rights under the Notes and the relat... |
| | | 03/07/13 | Suntech Reaches Settlement in Connection with GSF Investment|
WUXI, China, March 7, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd (NYSE: STP) ("Suntech"), one of the world's largest producers of solar panels, today announced that it has settled all outstanding disputes with GSF Capital Pte Limited ("GSF Capital") and Javier Romero in connection with a guarantee provided by GSF Capital to Suntech.
As part of the settlement, GSF Capital will dispose of its entire ownership interest in Global Solar Fund, S.C.A., Sicar (the "Fund") for an agreed ... |
| | | 03/04/13 | Susan Wang Appointed Chairwoman of Suntech's Board of Directors|
WUXI, China, March 4, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced that Ms. Susan Wang has been appointed chairwoman of the board of directors, effective immediately. A director of Suntech since April, 2009, Ms. Wang replaces Dr. Zhengrong Shi, who will remain a director of Suntech. The board thanks Dr. Shi for his contributions as chairman.
"I'm pleased to have been elected chairwoman ... |
| | | 01/31/13 | Suntech Powers Largest Solar PV System in Saudi Arabia| Solar system enables world's largest energy research center to achieve LEED platinum certification
WUXI, China, Jan. 31, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest solar companies, announced the completion of the largest ground mounted PV system in the Kingdom of Saudi Arabia. The 3.5 megawatt (MW) system is owned by Saudi Aramco and installed on the grounds of the King Abdullah Petroleum Studies and Research Center (KAPSARC... |
| | | 01/14/13 | Suntech Regains Compliance With NYSE Minimum Share Price Listing Requirement|
WUXI, China, Jan. 14, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced that it has regained compliance with the New York Stock Exchange's (NYSE) quantitative continued listing requirements.
In a letter dated January 8, 2013, the NYSE notified the Company that a calculation of Suntech's average stock price for the 30 trading-days ended December 31, 2012 indicated that its stock price was above the NYS... |
| |
|
