Tag Archives: ZKenergy

New Solar Woes For Canadian Solar, Chaori, Suntech

Old debt haunts Chaori, Suntech

The solar power sector has become a highly volatile place these days, with company stocks rallying one week on upbeat news, only to tumble days later on more downbeat signals. Much of the volatility owes to 2 factors that have created big uncertainty: protectionism and doubts about funding for many new power plants now being announced. Both of those factors are at play in a new string of downbeat news on industry lead Canadian Solar (Nasdaq: CSIQ), as well as struggling Chaori Solar (Shenzhen: 002506) and the now defunct former superstar Suntech. Read Full Post…

News Digest: Oct 1-6, 2014

The following press releases and media reports about Chinese companies were carried on October 1-6. To view a full article or story, click on the link next to the headline.
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  • iPhone 6 & iPhone 6 Plus Available In China On Friday, October 17 (Businesswire)
  • Alibaba (NYSE BABA) Makes Investment in Shiji Information Technology (Businesswire)
  • New Oriental (NYSE: EDU) Announces Completion Of SEC Investigation (PRNewswire)
  • Cellular Tower Firm Completes Provincial Organization, Includes 57 VPs (Chinese article)
  • ZKenergy Science & Technology Sues Wuxi Suntech Power (PRNewswire)