Administrators appoint potential rescuer of failed solar power giant

The court-appointed administrators of solar power giant Wuxi Suntech Power Co Ltd have found a potential rescuer, Shunfeng Photovoltaic International Ltd, the Wuxi municipal government told China Daily.

The court-appointed administrators picked the Hong Kong-listed Chinese solar manufacturer as the tentative strategic investor of Suntech, the news office of the Wuxi government said in a statement on Wednesday.