Suntech Power (WKN: A0HL4L / STP) / NYSE

HOMEPAGE:
http://www.suntech-power.com/en/

SEC-FILINGS:
http://www.sec.gov/cgi-bin/...e=&SIC=&owner=include&action=getcompany

NEWS/INFO's:
http://phx.corporate-ir.net/phoenix.zhtml?c=192654&p=irol-IRHome
http://www.finanznachrichten.de/...-aktien/suntech-power-holdings.asp
http://finance.yahoo.com/q?s=STP

BÖRSENPLÄTZE:
http://www.ariva.de/quote/simple.m?secu=817496

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BUSINESS:
Suntech Power Holdings Co., Ltd. designs, develops, manufactures, and markets various photovoltaic (PV) cells and modules to provide electric power for residential, commercial, industrial, and public utility applications worldwide. It offers various monocrystalline and multicrystalline silicon PV cells; PV modules; and a range of BIPV products and systems. The company also provides PV system integration services, including designing and installing PV systems used in lighting for outdoor urban public facilities, and farms and villages, as well as in telecommunications and transportation systems in China. Its PV systems are used for on-grid and off-grid generation. The company sells its products primarily through various value-added resellers, such as distributors and system integrators, as well as to end users, including project developers in various solar energy markets. Suntech Power Holdings Co., Ltd. was founded in 2001 and is headquartered in Wuxi, the Peoples Republic of China.

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19.12.2008
http://www.it-times.de/news/nachricht/datum////...o-2010-in-shanghai/
Suntech Power beliefert Expo 2010 in Shanghai

WUXI - Suntech Power Holdings (NYSE: STP, WKN: A0HL4L), weltweit führender Hersteller von Solarmodulen, wird die Weltausstellung in Schanghai 2010 mit Solarmodulen beliefern.

Wie heute bekannt wurde, wird Suntech für die Expo 2010 ein so genanntes Building Integrated Photovoltaic Systems (BIPV) mit einer Leistung von drei Megawatt entwickeln und installieren.
BIPV-Installation wäre die größte ihrer Art in China.
Bis September 2009, erklärte Suntech, soll das Projekt fertig gestellt werden.
BIPV-Systeme, so Suntech-CEO Zhengrong Shi, nutzen Gebäudeteile wie Dächer und Fassaden als Energieerzeuger.
Dass die Auswahl für dieses Projekt auf Suntech Power gefallen ist, deutet der Suntech-Chef als weiteres Signal für die Weltmarktführerschaft des Unternehmens.

Im Rahmen der Expo 2010 will sich China insbesondere dem Thema Erneuerbare Energien widmen.
Ein Gesetz aus dem Jahre 2005 verpflichtet die Chinesen dazu, bis 2020 rund 15 Prozent ihres Elektrizitätsbedarfs aus regenerativen Quellen zu decken.
So will China im Zeitraum von 15 Jahren 180 Mrd. US-Dollar in die Entwicklung dieser Technologien investieren. Unter dem Motto „Better City, Better Life“ sollen auf der Weltausstellung Lösungen für eine gelungene Integration von erneuerbaren Energien in die Stadtentwicklung vorgesellt werden.
(hhv/rem)

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09.12.2008
http://seekingalpha.com/article/...-now-a-takeover-target?source=feed
Suntech Power: Now a Takeover Target

The United Nations Climate Change Conference is being held in Poland this week.
Representatives from the top four Photovoltaic (PV) makers gathered in Poznan to propose the rapid implementation and expansion of policies designed to support the growth of the solar industry and the global adoption of solar technology as a major contributor to greenhouse gas (GHG) reduction in support of global climate goals.

As the top two solar companies, Suntech Power (STP) and First Solar (FSLR) dominate the European and U.S. markets respectively.
According to Suntech CEO Dr. Zhengrong Shi, the company is dedicated to reducing the cost of solar electricity to grid parity through increasing economies of scale, improving efficient utilization of raw materials such as silicon, and developing more advanced technology and new applications.
While no solar company has achieved grid parity, Suntech is leading the way.
The company is also developing a new thin film technology with 50% efficiency.

Despite all of these positive developments, STP's stock price has been down as much as 90% from its 52-week high because of hedge fund redemptions in the last few months.
Investors have started to realize its true value recently but it is still very much undervalued.

Recently, many solar companies have rolled out expansion plans for the coming years.
For example, Sharp (SHCAY.PK) plans to invest $2.6B in Italy in a joint venture to tap growing demand of solar panels.
Suntech power is also entering the U.S. solar market through acquiring EI Solutions, and will triple US sales by 2009.
What makes STP extremely attractive is that China has set ambitious, long-term national goals that have helped to create a backdrop for a growing renewable energy industry such as a national renewable energy standard of 15% by 2020 and a commitment to invest US$180 billion in renewable energy by 2020.



With STP at such a low price, two companies might like to become bidders for Suntech.


The first one is Sharp.

Sharp has an ambitious plan to quickly reach the European and Chinese solar markets - acquiring Suntech provides a shortcut for the company to do this.


The second company that has been named in rumors is First Solar.

FSLR mainly sells panels in the U.S. and Europe and a takeover of STP will give the company direct entry into the Asian market.
A call to First Solar has not been returned.
It is believed that Suntech will not consider any bid below $30 per share as the industry becomes very solar friendly going into 2009.