Reuters - China's Suntech Considers Italian Assets Sale
Struggling Chinese solar panel maker Suntech Power Holdings could offload its solar power generation assets in Italy, writes Reuters. The former green tech poster child, with a New York Stock Exchange listing and a market value of $16 billion at its peak, last month defaulted on $541 million of its dollar-denominated bonds and said its biggest subsidiary was bankrupt, writes Reuters.
16 April 2013•4 mins read
