Suntech Power Holdings Co. Ltd (STPFQ) 0.2450 $STPFQ
Suntech Power Holdings Provides Update With Respect to Restructuring in Europe
PR Newswire - Thu Aug 21, 9:00AM CDT
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that the Schaffhausen Cantonal Court's order of July 16, 2014, approving the Dividend Agreement to resolve the creditor claims of Suntech Power International Ltd. ("SPI" became effective as of August 8, 2014. A corresponding publication was made in the Swiss Official Gazette of Commerce on August 15, 2014.
Hollow But Lucrative Race for World���s Tallest Building in China
at The Street - Wed Aug 06, 10:44AM CDT
Why China wants to build the world's tallest building, and why it's unnecessary.
Suntech Power Holdings Announces Personnel Changes As Acting CFO Departs
PR Newswire - Tue Aug 05, 9:00AM CDT
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" , through its Joint Provisional Liquidators ("JPLs" announced today that Mr. Deyong He, acting Chief Financial Officer ("CFO" of the Company, on June 25, 2014, submitted a letter of resignation, effective July 1, 2014. Mr. He will maintain his position as a member of the Board of Directors of the Company. With the departure of Mr. He, the Company's global accounting functions will leverage off existing resources, as directed by the JPLs. The JPLs are proposing to restructure the Company's global accounting functions, and manage the functions of the CFO until a candidate is selected to fill the vacancy.
Research Report on Photovoltaic Industry in China, 2014-2018: In 2013, the Export Value of Photovoltaic Products Exceeded USD 10 Billion
M2 - Thu Jun 12, 9:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6t5cvj/research_report) has announced the addition of the "Research Report on Photovoltaic (PV) Industry in China, 2014-2018" report to their offering. By the end of 2013, the installed capacity of power generation in grid-connected operation reached 19.42 GW, including 16.32 GW in photovoltaic power stations and 3.1 GW of distributed PV. Total annual power generating capacity was 9 billion kWh. New photovoltaic power generation capacity was 12.92 GW, including 12.12 GW in photovoltaic power stations and 0.8 GW of distributed PV. In early 2013, State Grid started to provide qualified photovoltaic power generation projects (run by individuals or organizations) with free grid connection services. According to available data, 22 regions, mainly in Southwest China, completed the grid connection of over 700 large-scale photovoltaic power generation projects by the end of 2013. Gansu, Qinghai and Xinjiang were the top 3 regions with the installed capacity of 4.32 GW, 3.1 GW and 2.57 GW respectively. The total capacity of the 3 regions accounted for over 60% of the total number in photovoltaic power stations. Companies Mentioned: - BYD - Canadian Solar Inc. - China Sunergy Co., Ltd. - Chint Group - HAREON SOLAR Corporation and Eging PV - JA SOLAR Co., Ltd. - JinkoSolar Holding Co., Ltd. and Hanwha SolarOne Co., Ltd. - LDK Solar Co., Ltd. - Risen Energy Co., Ltd. - Suntech Power Holdings Co., Ltd. - Trina Solar - Yingli Solar - Zhejiang Renesola - Zhejiang Sunflower Light Energy Science & Technology Co., Ltd. For more information visit http://www.researchandmarkets.com/research/6t...rch_report About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Suntech Singapore Fails to Pay the Judgment Debt Due to PSS and has Its Equity Interest in a Core Subsidiary Frozen by the PRC Court
PR Newswire - Tue Mar 18, 1:23AM CDT
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that, following the January 27, 2014 judgment from the High Court of the Republic of Singapore ordering Suntech Power Investment Pte., Ltd. ("Suntech Singapore" to pay to Suntech's subsidiary, Power Solar System Co., Ltd. (in liquidation) ("PSS" , approximately US$263.9 million (the "Judgment Debt" , on February 20, 2014, the Liquidator of PSS issued a statutory demand against Suntech Singapore for the Judgment Debt. Suntech Singapore was required to repay the Judgment Debt by March 13, 2014, but it has failed to do so. Suntech Singapore is now deemed to be unable to pay its debts under the Singapore Companies Act. However, on March 12, 2014, Suntech Singapore filed an application to set aside the Judgment Debt. PSS is considering the application and will make further announcements as may be warranted.
Asia-Pacific Solar Photovoltaic Module Market to Witness Modest Growth by 2015 says new Research Report
M2 - Wed Mar 05, 4:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/zg5kv5/asiapacific) has announced the addition of the "Asia-Pacific Solar Photovoltaic Market Outlook to 2030 - Installed Capacity, Market Size, Risk Analysis, Market Saturation and Company Profiles" report to their offering. The Asia-Pacific (APAC) solar photovoltaic (PV) module market value is forecast to show modest growth by the end of next year, jumping from $6.7 billion in 2012 to $8.6 billion by 2015, at a Compound Annual Growth Rate (CAGR) of 7.9% The APAC region's solar PV installed capacity is also expected to increase over the coming years, from 19.6 Gigawatts (GW) in 2012 to 420.6 GW by 2030, at a CAGR of 18.6%. In 2013, China and Japan led the region with a combined total of 77% of its solar PV installed capacity. Prasad Tanikella, Senior Report Analyst covering Alternative Energy, says: Governments in the region are promoting solar PV through various long-terms policies, financial incentives, subsidies and tax benefits. The strong commitment from APAC's countries towards the development of solar energy has led to many research and development initiatives and increased solar power plant installations, which will drive future market growth. APAC is also the world leader for solar energy systems manufacturing, with Japan, China and Taiwan being three of the largest solar PV cell producers. Tanikella continues: With favorable conditions contributing to a thriving manufacturing industry, China continued to be the world's largest manufacturer of solar modules for the sixth consecutive year in 2013. Domestically available polysilicon, a favorable regulatory environment and an easily available and inexpensive labor force have allowed companies, such as Yingli Green Energy, Canadian Solar Inc., Trina Solar, LDK Solar and Suntech Power Holdings Co., to lead solar module production with annual capacities of over 1,000 megawatts each, the analyst concludes. This report provides in-depth analysis on the solar photovoltaic module market in the Asia-Pacific region as a whole and its key countries: China, Japan and South Korea. It provides historical data from 2010 and forecast data up to 2030 on installed capacity and power generation. Key Topics Covered: List of Tables List of Figures Introduction Solar Photovoltaic Market Outlook, Global Solar Photovoltaic Market Outlook, Asia-Pacific, 2010-2030 Solar Photovoltaic Market Outlook, China, 2010-2030 Solar Photovoltaic Market Outlook, Japan, 2010-2030 Solar Photovoltaic Market Outlook, South Korea, 2010-2030 Competitiveness of Solar Photovoltaic against Other Power Sources Solar Photovoltaic - Risk Analysis Solar Photovoltaic Market Saturation Solar Photovoltaic Market Outlook, Company Profiles Appendix Companies Mentioned Hanergy Holding Group Ltd, Yingli Green Energy Holding Company Limited Solar Frontier KK, TSMC Solar Ltd, Hanwha Q Cells GmbH, Avancis GmbH & Co. KG, Ascent Solar Technologies Inc., First Solar Inc., Sharp Corporation, For more information visit http://www.researchandmarkets.com/research/zg...siapacific About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Suntech Commences Proceeding in the United States in Support of Restructuring Process
PR Newswire - Sat Feb 22, 9:40AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that the joint provisional liquidators (the "JPLs" of the Company appointed by the Grand Court of the Cayman Islands to oversee the restructuring of the Company have commenced a Chapter 15 proceeding under the U.S. Bankruptcy Code in a federal court in the Southern District of New York. Under such a proceeding, the Company is seeking to have recognized in the United States the Company's overseas provisional liquidation which has previously been granted in the Cayman Islands.
Suntech CTO Receives Engineering Award for New Technique to Reduce Cost of Solar
PR Newswire - Tue Feb 18, 2:55AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today welcomed the January 20th announcement that Suntech's Chief Technology Officer (CTO), Professor Stuart Wenham, was awarded the prestigious Institution of Engineering and Technology's (IET) A F Harvey Engineering Research Prize of 300,000 pounds for Professor Wenham and his team's discovery of a new technique which can improve the efficiency of lower-grade silicon used in the production of solar panels.
Suntech Provides Update with Respect to NYSE Appeal
PR Newswire - Thu Feb 13, 11:00PM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be filed shortly with the U.S. Securities and Exchange Commission to delist the Company's American Depositary Shares.
Suntech Announces Update on Recovery Action Taken by the Liquidator of PSS
PR Newswire - Mon Feb 10, 5:00AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that on 15 January 2014, the Company's immediate subsidiary, Power Solar System Co., Ltd (in Liquidation) ("PSS" , issued a writ of summons in the Republic of Singapore against Suntech Power Investment Pte., Ltd. ("Suntech Singapore" for an outstanding balance of US$263,910,599 due from Suntech Singapore. Suntech Singapore failed to enter an appearance within the time frame required for them to do so. The High Court of the Republic of Singapore has granted, on 27 January 2014, Judgment in Default of Appearance against Suntech Singapore to pay to PSS US$263,910,599, interest at 5.33% and costs, under Order 13 of the Rules of Court in Singapore.
Suntech Appoints New Board Member
PR Newswire - Wed Feb 05, 5:49PM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that it has added a fifth member to its Board of Directors, Mr. Michael Pearson. Mr. Pearson will join Messrs. Michael Nacson, Kurt Metzger, Dr. Zhengrong Shi and Deyong He on Suntech's Board.
Suntech Reaches Agreement with Petitioners and Supporting Noteholders in connection with the Chapter 7 Proceeding
PR Newswire - Fri Jan 31, 10:17PM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that it has signed a Restructuring Support Agreement (the "RSA" relating to the petition for involuntary bankruptcy filed against it under chapter 7 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. Under the RSA signed by the petitioners for the chapter 7 proceeding, the Company, the joint provisional liquidators of the Company (the "JPLs" , and certain supporting holders of the Company's 3% Convertible Senior Notes (the "Notes" that include members of the Company's creditor working group, the chapter 7 proceedings in the U.S. have been stayed and a stipulation for the dismissal of the chapter 7 proceedings will be executed and filed following recognition of the provisional liquidation proceeding previously filed by the Company in the Cayman Islands under chapter 15 of the U.S. Bankruptcy Code.
Suntech Announces New Acting CFO and Board Member
PR Newswire - Mon Jan 27, 5:58AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that Mr. Deyong He has been appointed as the fourth member of Suntech's Board of Directors, as well as acting CFO. Mr. He joins Messrs. Michael Nacson, Kurt Metzger and Dr. Zhengrong Shi on Suntech's Board.
Suntech Receives Continued Listing Standards Notice from the New York Stock Exchange
PR Newswire - Thu Jan 16, 5:04AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech" today announced that on January 14, 2014 it received notification from the New York Stock Exchange (the "NYSE" that the Company did not meet the NYSE's price criteria for continued listing standard because the average closing price of the Company's American Depositary Shares, or ADSs, (based on OTC: STPFQ), was less than $1.00 per ADS over a consecutive 30-trading-day period.
Suntech Power Holdings Provides Update With Respect to Restructuring in Europe
PR Newswire - Thu Aug 21, 9:00AM CDT
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that the Schaffhausen Cantonal Court's order of July 16, 2014, approving the Dividend Agreement to resolve the creditor claims of Suntech Power International Ltd. ("SPI" became effective as of August 8, 2014. A corresponding publication was made in the Swiss Official Gazette of Commerce on August 15, 2014. Hollow But Lucrative Race for World���s Tallest Building in China
at The Street - Wed Aug 06, 10:44AM CDT
Why China wants to build the world's tallest building, and why it's unnecessary.
Suntech Power Holdings Announces Personnel Changes As Acting CFO Departs
PR Newswire - Tue Aug 05, 9:00AM CDT
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
, through its Joint Provisional Liquidators ("JPLs" announced today that Mr. Deyong He, acting Chief Financial Officer ("CFO" of the Company, on June 25, 2014, submitted a letter of resignation, effective July 1, 2014. Mr. He will maintain his position as a member of the Board of Directors of the Company. With the departure of Mr. He, the Company's global accounting functions will leverage off existing resources, as directed by the JPLs. The JPLs are proposing to restructure the Company's global accounting functions, and manage the functions of the CFO until a candidate is selected to fill the vacancy. Research Report on Photovoltaic Industry in China, 2014-2018: In 2013, the Export Value of Photovoltaic Products Exceeded USD 10 Billion
M2 - Thu Jun 12, 9:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6t5cvj/research_report) has announced the addition of the "Research Report on Photovoltaic (PV) Industry in China, 2014-2018" report to their offering. By the end of 2013, the installed capacity of power generation in grid-connected operation reached 19.42 GW, including 16.32 GW in photovoltaic power stations and 3.1 GW of distributed PV. Total annual power generating capacity was 9 billion kWh. New photovoltaic power generation capacity was 12.92 GW, including 12.12 GW in photovoltaic power stations and 0.8 GW of distributed PV. In early 2013, State Grid started to provide qualified photovoltaic power generation projects (run by individuals or organizations) with free grid connection services. According to available data, 22 regions, mainly in Southwest China, completed the grid connection of over 700 large-scale photovoltaic power generation projects by the end of 2013. Gansu, Qinghai and Xinjiang were the top 3 regions with the installed capacity of 4.32 GW, 3.1 GW and 2.57 GW respectively. The total capacity of the 3 regions accounted for over 60% of the total number in photovoltaic power stations. Companies Mentioned: - BYD - Canadian Solar Inc. - China Sunergy Co., Ltd. - Chint Group - HAREON SOLAR Corporation and Eging PV - JA SOLAR Co., Ltd. - JinkoSolar Holding Co., Ltd. and Hanwha SolarOne Co., Ltd. - LDK Solar Co., Ltd. - Risen Energy Co., Ltd. - Suntech Power Holdings Co., Ltd. - Trina Solar - Yingli Solar - Zhejiang Renesola - Zhejiang Sunflower Light Energy Science & Technology Co., Ltd. For more information visit http://www.researchandmarkets.com/research/6t...rch_report About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Suntech Singapore Fails to Pay the Judgment Debt Due to PSS and has Its Equity Interest in a Core Subsidiary Frozen by the PRC Court
PR Newswire - Tue Mar 18, 1:23AM CDT
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that, following the January 27, 2014 judgment from the High Court of the Republic of Singapore ordering Suntech Power Investment Pte., Ltd. ("Suntech Singapore" to pay to Suntech's subsidiary, Power Solar System Co., Ltd. (in liquidation) ("PSS" , approximately US$263.9 million (the "Judgment Debt" , on February 20, 2014, the Liquidator of PSS issued a statutory demand against Suntech Singapore for the Judgment Debt. Suntech Singapore was required to repay the Judgment Debt by March 13, 2014, but it has failed to do so. Suntech Singapore is now deemed to be unable to pay its debts under the Singapore Companies Act. However, on March 12, 2014, Suntech Singapore filed an application to set aside the Judgment Debt. PSS is considering the application and will make further announcements as may be warranted. Asia-Pacific Solar Photovoltaic Module Market to Witness Modest Growth by 2015 says new Research Report
M2 - Wed Mar 05, 4:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/zg5kv5/asiapacific) has announced the addition of the "Asia-Pacific Solar Photovoltaic Market Outlook to 2030 - Installed Capacity, Market Size, Risk Analysis, Market Saturation and Company Profiles" report to their offering. The Asia-Pacific (APAC) solar photovoltaic (PV) module market value is forecast to show modest growth by the end of next year, jumping from $6.7 billion in 2012 to $8.6 billion by 2015, at a Compound Annual Growth Rate (CAGR) of 7.9% The APAC region's solar PV installed capacity is also expected to increase over the coming years, from 19.6 Gigawatts (GW) in 2012 to 420.6 GW by 2030, at a CAGR of 18.6%. In 2013, China and Japan led the region with a combined total of 77% of its solar PV installed capacity. Prasad Tanikella, Senior Report Analyst covering Alternative Energy, says: Governments in the region are promoting solar PV through various long-terms policies, financial incentives, subsidies and tax benefits. The strong commitment from APAC's countries towards the development of solar energy has led to many research and development initiatives and increased solar power plant installations, which will drive future market growth. APAC is also the world leader for solar energy systems manufacturing, with Japan, China and Taiwan being three of the largest solar PV cell producers. Tanikella continues: With favorable conditions contributing to a thriving manufacturing industry, China continued to be the world's largest manufacturer of solar modules for the sixth consecutive year in 2013. Domestically available polysilicon, a favorable regulatory environment and an easily available and inexpensive labor force have allowed companies, such as Yingli Green Energy, Canadian Solar Inc., Trina Solar, LDK Solar and Suntech Power Holdings Co., to lead solar module production with annual capacities of over 1,000 megawatts each, the analyst concludes. This report provides in-depth analysis on the solar photovoltaic module market in the Asia-Pacific region as a whole and its key countries: China, Japan and South Korea. It provides historical data from 2010 and forecast data up to 2030 on installed capacity and power generation. Key Topics Covered: List of Tables List of Figures Introduction Solar Photovoltaic Market Outlook, Global Solar Photovoltaic Market Outlook, Asia-Pacific, 2010-2030 Solar Photovoltaic Market Outlook, China, 2010-2030 Solar Photovoltaic Market Outlook, Japan, 2010-2030 Solar Photovoltaic Market Outlook, South Korea, 2010-2030 Competitiveness of Solar Photovoltaic against Other Power Sources Solar Photovoltaic - Risk Analysis Solar Photovoltaic Market Saturation Solar Photovoltaic Market Outlook, Company Profiles Appendix Companies Mentioned Hanergy Holding Group Ltd, Yingli Green Energy Holding Company Limited Solar Frontier KK, TSMC Solar Ltd, Hanwha Q Cells GmbH, Avancis GmbH & Co. KG, Ascent Solar Technologies Inc., First Solar Inc., Sharp Corporation, For more information visit http://www.researchandmarkets.com/research/zg...siapacific About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Suntech Commences Proceeding in the United States in Support of Restructuring Process
PR Newswire - Sat Feb 22, 9:40AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that the joint provisional liquidators (the "JPLs" of the Company appointed by the Grand Court of the Cayman Islands to oversee the restructuring of the Company have commenced a Chapter 15 proceeding under the U.S. Bankruptcy Code in a federal court in the Southern District of New York. Under such a proceeding, the Company is seeking to have recognized in the United States the Company's overseas provisional liquidation which has previously been granted in the Cayman Islands. Suntech CTO Receives Engineering Award for New Technique to Reduce Cost of Solar
PR Newswire - Tue Feb 18, 2:55AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today welcomed the January 20th announcement that Suntech's Chief Technology Officer (CTO), Professor Stuart Wenham, was awarded the prestigious Institution of Engineering and Technology's (IET) A F Harvey Engineering Research Prize of 300,000 pounds for Professor Wenham and his team's discovery of a new technique which can improve the efficiency of lower-grade silicon used in the production of solar panels. Suntech Provides Update with Respect to NYSE Appeal
PR Newswire - Thu Feb 13, 11:00PM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be filed shortly with the U.S. Securities and Exchange Commission to delist the Company's American Depositary Shares. Suntech Announces Update on Recovery Action Taken by the Liquidator of PSS
PR Newswire - Mon Feb 10, 5:00AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that on 15 January 2014, the Company's immediate subsidiary, Power Solar System Co., Ltd (in Liquidation) ("PSS" , issued a writ of summons in the Republic of Singapore against Suntech Power Investment Pte., Ltd. ("Suntech Singapore" for an outstanding balance of US$263,910,599 due from Suntech Singapore. Suntech Singapore failed to enter an appearance within the time frame required for them to do so. The High Court of the Republic of Singapore has granted, on 27 January 2014, Judgment in Default of Appearance against Suntech Singapore to pay to PSS US$263,910,599, interest at 5.33% and costs, under Order 13 of the Rules of Court in Singapore. Suntech Appoints New Board Member
PR Newswire - Wed Feb 05, 5:49PM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that it has added a fifth member to its Board of Directors, Mr. Michael Pearson. Mr. Pearson will join Messrs. Michael Nacson, Kurt Metzger, Dr. Zhengrong Shi and Deyong He on Suntech's Board. Suntech Reaches Agreement with Petitioners and Supporting Noteholders in connection with the Chapter 7 Proceeding
PR Newswire - Fri Jan 31, 10:17PM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that it has signed a Restructuring Support Agreement (the "RSA" relating to the petition for involuntary bankruptcy filed against it under chapter 7 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. Under the RSA signed by the petitioners for the chapter 7 proceeding, the Company, the joint provisional liquidators of the Company (the "JPLs" , and certain supporting holders of the Company's 3% Convertible Senior Notes (the "Notes" that include members of the Company's creditor working group, the chapter 7 proceedings in the U.S. have been stayed and a stipulation for the dismissal of the chapter 7 proceedings will be executed and filed following recognition of the provisional liquidation proceeding previously filed by the Company in the Cayman Islands under chapter 15 of the U.S. Bankruptcy Code. Suntech Announces New Acting CFO and Board Member
PR Newswire - Mon Jan 27, 5:58AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that Mr. Deyong He has been appointed as the fourth member of Suntech's Board of Directors, as well as acting CFO. Mr. He joins Messrs. Michael Nacson, Kurt Metzger and Dr. Zhengrong Shi on Suntech's Board. Suntech Receives Continued Listing Standards Notice from the New York Stock Exchange
PR Newswire - Thu Jan 16, 5:04AM CST
Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"
today announced that on January 14, 2014 it received notification from the New York Stock Exchange (the "NYSE" that the Company did not meet the NYSE's price criteria for continued listing standard because the average closing price of the Company's American Depositary Shares, or ADSs, (based on OTC: STPFQ), was less than $1.00 per ADS over a consecutive 30-trading-day period. 
