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Trina Solar Limited Message Board

  • michelle_michelle34 michelle_michelle34 Feb 28, 2013 6:22 PM Flag

    If Suntech Power Holdings is allowed to default on its $541 million in bonds due next month, then that eliminates one OVER SUPPLIER

    If Suntech Power Holdings goes bankrupt then that is GOOD NEWS for Trina Solar. But if Suntech is permitted to survive, they will just pump out more solar panels and drive prices even lower and that will cause larger losses to Trina Solar.

    Suntech Power Holdings Co. (STP), the Chinese solar-panel maker with $541 million in bonds due next month, is talking with the government of Wuxi about the possibility of financial support.

 
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