It will be complicated by the fact that neither the US-listed entity , Suntech Power Holdings , nor any subsidiaries other than Wuxi are declaring insolvency . Suntech Solar Holdings has announced its main business in China is bankrupt . Until recently Suntech was the world 's largest manufacturer of solar panels . Stark illustration of the changing fortunes of the global solar industry .
Suntech Solar Holdings has announced its main business in China is bankrupt . Until recently Suntech was the world 's largest manufacturer of solar panels . Stark illustration of the changing fortunes of the global solar industry .