News

Suntech Takes A $25 Million Charge

Suntech Power (STP) is increasing the size of its impairment charge for Q4 2008 from $48.8 million to $73.8 million, which will result in an after tax hit of $22.8 million to Suntech’s net income for 2008.
Suntech Takes A $25 Million Charge
News

Suntech Power To Sell 30 MW Of Panels To Soleos

Suntech power (STP) announced that its selling 6 MW of modules to German PV system integrator Soleos in the first half of this year. Soleos CEO, David Mabille says in the release that his company will pick up 30 MW of modules throughout the year from Suntech Power.
Suntech Power To Sell 30 MW Of Panels To Soleos
News

Suntech Reports $65.9 Million Loss For Q4

Suntech reported earnings this morning with a fourth quarter $65.9 million net loss versus $50.6 million profit a year ago. Revenues were $414 million for the fourth quarter, up 4.4% from $398 million a year ago.
Suntech Reports $65.9 Million Loss For Q4