Suntech keeps power on after failure

A day after Suntech Power became the solar industry's biggest corporate failure, workers continued to load and unload trucks at its main factory in China, adding to the global oversupply of panels.

Seven staff and contractors passing through the gates at the facility in Wuxi said Suntech was operating after this main unit tipped into insolvency. The company, which is seeking local government aid and hired an executive from a state-backed firm in Wuxi, said it planned to continue working while a Chinese court restructured US$2 billion in debt.

via Business feed http://www.scmp.com/business/companies/article/1197535/suntech-keeps-power-after-failure