Suntech Power Holdings Co., Ltd. () is a Chinese producer of solar panels, with of annual production capacity by the end of 2011. It is headquartered in Wuxi, Jiangsu. Shunfeng International Clean Energy Limited, a HKSE listed renewable energy investment and Independent Power Producer company, acquired Suntech in 2014 following Suntech's bankruptcy in 2013. With offices or production facilities in every major market, Suntech has delivered more than 13,000,000 solar panels to thousands of companies in more than 80 countries around the world. As the center for the company's global operations, Suntech headquarters, in Wuxi, China, features the world's largest building integrated solar facade. Suntech's fortunes have declined significantly since its peak in 2008, due to a glut in the market for solar products and problems with its investments. In March 2013 it announced a US$541 million bond payment default, becoming the first company from mainland China to default on its US bonds. Chinese banks subsequently filed to place Suntech's main unit, Wuxi Suntech Power Holdings Co., Ltd., into insolvency. The company's American Depository Receipts were subsequently delisted from the New York Stock Exchange and placed on the over the counter (OTC) exchange. Founder Dr Shi Zhengrong (born c. 1963) was the founder of Suntech Power and, until 2013, its chairman and chief executive officer. He is a graduate of the University of New South Wales' (UNSW) School of Photovoltaic and Renewable Energy Engineering. At UNSW, Dr. Shi studied under Professor Martin Green and met Stuart Wenham, later to be Suntech's Chief Technology Officer. In 2007, Dr. Shi was named one of Time Magazine's Heroes of the Environment and referred to as the world's first 'green billionaire'. Dr. Shi was honored in January 2010 as a finalist for the Zayed Future Energy Prize. Dr. Shi was also appointed Visiting Professor at UNSW. Global operations Suntech Power has representative offices in China, Australia, the United States, Switzerland, Spain, Italy, Germany, Japan, and Dubai, as well as production facilities in Wuxi, Luoyang, Qinghai, Shanghai, Germany, Japan, and Goodyear, Arizona. Suntech America was based in San Francisco, California, and had plans to start a production facility in Phoenix, Arizona in 2010. In 2009, Suntech had executives of their US operations in top posts in American solar panel industry groups. Installations Suntech Power has supplied or installed solar modules for numerous solar power plants and systems around the world. Notable installations include: Clif Bar