Suntech’s NYSE listing secured

Facebook
Twitter
LinkedIn
Reddit
Email

The threat to Suntech Power Holdings of delisting from the New York Stock Exchange's (NYSE) has been averted after its stock price regained compliance.

Suntech's average stock price was above the US$1.00 minimum bid price for 30 consecutive trading days ending December 31, 2012.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company follows, LDK Solar and JA Solar in avoiding delisting after receiving notices last year. The majority of listed PV related companies have benefited from several positive factors that have generated a rally in investor’s interest in solar stocks over the last two-months.

The rally was driven by increased PV installation targets announced by the Chinese government, which are expected to boost shipments by leading Chinese tier 1 suppliers in 2013. The rally was also supported by a settlement on the US budget and further indirect investments in PV power plants by Warren Buffett. 

Read Next

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines