Shunfeng $491m for Wuxi Suntech

Suntech has not reported a profit since the first quarter of 2011

Shunfeng will inject cash to upgrade Suntech's assets

Shunfeng Photovoltaic International (SPI) confirmed it has struck a deal for the 3bn yuan ($491m) acquisition of Wuxi Suntech – the insolvent main Chinese unit of struggling PV manufacturer Suntech.


Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?


Recharge Monthly Magazine

  • Most Popular