largest solar panel manufacturer
Worldâs Largest Solar Panel Manufacturer Suntech Declares Bankruptcy in China. Environment. Suntech was once the worldâs largest manufacturer of solar panels â but the company was just pushed into bankruptcy after defaulting on $541 million in bond payments. The company was a powerful force in Chinaâs renewable energy market, generating 2.4 gigawatts worth of solar modules in 2011 alone. But the company faced a rapid decline as solar panel production in China increased tenfold over the past five years, causing prices to drop by as much as 75 percent.