Tag Archives: Suntech

10 years of R&D spending analysis of 12 key PV module manufacturers

 A technology buy cycle driven by PERC technology is keeping R&D spending high. Image: Fraunhofer ISE R&D spending patterns Combined R&D expenditures of 12 major PV module manufacturers in 2016, tracked since 2007, declined by approximately 4.4% in 2016 to … Continue reading

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Who’s Next? – Fears from Suntech bond default spread to other Chinese PV manufacturers

Testing times for China-based PV manufacturers as loans and lines of credit scrutinised. The Suntech Power Holdings saga has quickly led to questions being asked of the financial health of other leading China-based PV manufacturers. According to a report from Bloomberg, … Continue reading

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Cross-defaults triggered for Suntech’s bonds; suppliers and lenders start payment claims – Another one bites the dust!

Suntech Power Holdings default on paying back its US$541 million convertible note last week has triggered cross-defaults on other loans, according to the company. Suntech also said in a statement, confirming its US$541 million convertible note default, that some of … Continue reading

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R&D spending analysis of top 10 PV module manufacturers

Using the latest market leader rankings from Solarbuzz for 2012, we plotted the annual spending on R&D of the top 10 ranked companies (see figure 1), since 2007. Looking at chart 2 it is immediately apparent that there is a … Continue reading

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