Suntech announces default, search for financing

Suntech announces default, search for financing

FILE - In this Friday, June 11, 2010. file photo, former U.S. Vice President Al Gore, center, visits Suntech, a solar cell factory, in Wuxi near Shanghai, China. Suntech, one of the world's biggest solar panel manufacturers, said Monday it had defaulted on a $541 million bond payment in the latest sign of the financial squeeze on the struggling global solar industry. (AP Photo)

BEIJING (AP) — Suntech, one of the world's biggest solar panel manufacturers, said Monday it has defaulted on a $541 …read more
Source: Yahoo Technology Feed

 

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