Company · Manufacturing
Wuxi
Every investor coverage indicates participated in a round Suntech raised.
Companies Suntech acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Suntech. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sunman Group wins $171 million in federal and NSW funding for a Hunter Valley solar panel factory; earlier grants to Tindo Solar, Stellar PV, Solquartz and SunDrive are also recalled.
Solar pioneer Zhengrong Shi intends a Newcastle factory for frameless lightweight panels via Sunman's Energus subsidiary, eyeing federal programs; CEFC, Southern Cross Venture Partners and Softbank China are recalled as backers.
Sunman Energy, founded by Zhengrong Shi, has opened a 1GW gigafactory in China for its lightweight flexible solar panels; the article recalls a 2020 US$12 million round backed by CEFC and Southern Cross Ventures.
Profile of SunDrive, the Sydney solar startup whose copper-based cells set a world efficiency record, covering its founders, backers including Grok Ventures, Blackbird and ARENA, and plans for rooftop then large-scale markets.
An opinion column argues Australia should rebuild local solar panel manufacturing, recounting lost ventures like CSG Solar, citing SunDrive's $8 million raise, and urging coordinated government policy against Chinese dominance.
Australia's green bank put $US7 million into Dr Zhengrong Shi's Sunman, the largest share of a $US12 million round for its lightweight flexible solar panels, alongside Southern Cross Ventures and Shi's own money.
Also @AuManufacturing