Sun finally shines on Suntech
By Xie Yu in Shanghai | China Daily | Updated: 2013-10-10 07:21
Administrators appoint potential rescuer of failed solar power giant
The court-appointed administrators of solar power giant Wuxi Suntech Power Co Ltd have found a potential rescuer, Shunfeng Photovoltaic International Ltd, the Wuxi municipal government told China Daily.
The court-appointed administrators picked the Hong Kong-listed Chinese solar manufacturer as the tentative strategic investor of Suntech, the news office of the Wuxi government said in a statement on Wednesday.
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