About Suntech Power
Suntech Power is a company based in Wuxi (China) founded in 2001 by Zhengrong Shi.. Suntech Power operates in a competitive market with competitors including Trina Solar, Kyocera, Yingli Solar, Anhui Huasun Energy and ZNShine PV-Tech, among others.
- Headquarter Wuxi, China
- Founders Zhengrong Shi
- Stage Public
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Suntech Power
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Grant - Suntech Power | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Suntech Power
Suntech Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Research Development Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Technology commercialisation services are provided to clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Suntech Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Suntech Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Suntech Power Comparisons
Competitors of Suntech Power
Suntech Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trina Solar, Kyocera, Yingli Solar, Anhui Huasun Energy and ZNShine PV-Tech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photovoltaic cells for PV and smart energy solutions are developed.
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Kyocera is engaged in providing technology solutions globally.
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Solar panels are manufactured and installed worldwide by Yingli Solar.
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| domain | founded_year | HQ Location |
Solar energy services are provided for residential and commercial sectors.
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| domain | founded_year | HQ Location |
Solar modules, energy storage systems, and EPC services are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Suntech Power
Frequently Asked Questions about Suntech Power
When was Suntech Power founded?
Suntech Power was founded in 2001 and raised its 1st funding round 20 years after it was founded.
Where is Suntech Power located?
Suntech Power is headquartered in Wuxi, China. It is registered at Wuxi, Jiangsu, China.
What does Suntech Power do?
Suntech Power was established in 2001 in Wuxi, China, focusing on the solar energy sector. Mono crystalline and multi crystalline solar cells are produced, along with related energy solutions, to serve diverse customers. Research and development activities are conducted by a dedicated team in Wuxi. Sales offices and installation partnerships are maintained across North America, Europe, Asia, and Australia to support international operations.
Who are the top competitors of Suntech Power?
Suntech Power's top competitors include Trina Solar, Kyocera and Yingli Solar.
Who are Suntech Power's investors?
Suntech Power has 1 investor. Key investors include National Research Development Corporation.