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China: Solar Glut Survives Suntech as Customers Seek Alternative
2013-03-22 05:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: A day after Suntech Power Holdings (STP) Co. became the solar industrys biggest corporate failure, workers continued to load and unload trucks at its main factory in China, adding to the global oversupply of panels. Seven employees and contractors passing through the gates at the facility in Wuxi, about 75 miles west of Shanghai, when questioned by Bloomberg News said Suntech was operating after this main unit tipped into insolvency. The company, which is seeking local government aid and hired...
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Category:Electronics and Electrical