In 2011, Suntech Power, the largest solar panel manufacturer of the world's, found itself in an extremely debatable position. The demand for the products of Suntech Power had become tremendously explosive, as the sector had matured. Shifting policy regulations, the ambiguous financial structure of the company as well as a shift in consumers' awareness of the merchandise were just a few of the issues that further compounded the difficulty.
As an outcome of those shifting dynamics within the worldwide solar power sector, the business's share price had plummeted by about 90 per cent. The creator and chief executive officer of Suntech Power hired a brand new chief financial officer and they confronted the arduous job of turning the business around, to redress the difficulty, in May 2011. How should they handle altering economical and political states? What decisions needed to be designed to maintain the position of the company in the world solar energy marketplace? Emir Hrnji Is linked with National University of Singapore.
Suntech Power Competition and Financing in China's Solar Industry case study solution
PUBLICATION DATE: October 16, 2015 PRODUCT #: W15476-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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