SHANGHAI, Jan. 14 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest crystalline silicon photovoltaic (PV) module manufacturer, today announced the completion and grid connection of two solar systems on the China Pavilion and the Theme Pavilion of the 2010 Shanghai World Expo.
The China and Theme pavilions feature two building-integrated solar systems with a combined power output of 3.12MW. The Shenergy Group, one of Shanghai's leading energy companies, engaged Suntech's system integration team to design, manufacture, and install the two solar systems. The Theme Pavilion boasts a 2.8MW integrated solar system comprised of 96 custom-designed triangular sections and covers an area of 31,104 square meters. The two systems are expected to generate 2.8 million kilowatt hours of electricity and displace 1,000 tons of coal consumption and 2,500 tons of carbon emissions per year.
"The use of solar energy systems to power the China and Theme pavilions clearly reflects the spirit of this year's Shanghai World Expo, and its theme, Better City Better Life," said Dr. Zhengrong Shi, Chairman and CEO of Suntech. "With the combination of advanced solar technologies and architecture, we can seamlessly integrate solar systems into a building's structure. These promising capabilities will help to reduce the urban carbon footprint and facilitate sustainable development."
Suntech's system integration team is one of the most experienced and capable in China. They have completed a range of technically complex building-integrated solar systems including the 120kW Beijing Jingya Hotel curtain wall, an 800kW system at the Wuxi Airport, and the 1MW BIPV facade at Suntech's new headquarters in Wuxi. Suntech also recently completed China's first 10MW utility-scale solar power project in Shizuishan, Ningxia Hui Autonomous Region.
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world's leading solar energy company as measured by production output of crystalline silicon solar modules. Suntech designs, develops, manufactures, and markets premium quality, high-output, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers an extensive range of customer-centric innovations, including Suntech's patent-pending Pluto technology for crystalline silicon solar cells, which improves power output by up to 12% compared to conventional production methods, the Reliathon(TM), the industry's first fully integrated utility-scale solar platform, and its broad range of building-integrated solar products.
Suntech designs and delivers commercial and utility scale solar power systems in China and the United States. With regional headquarters in China, Switzerland and San Francisco and sales offices worldwide, Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. For more information, please visit http://www.suntech-power.com .
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements, and includes the ability of the systems to generate 2.8 million kilowatt hours of electricity and displace 1,000 tons of coal consumption and 2,500 tons of carbon emissions every year. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Suntech's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Suntech does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For further information, please contact:
In China:
Rory Macpherson
Investor Relations Director
Suntech Power Holdings Co., Ltd.
Phone: +86-21-6288-5574
Email: rory@suntech-power.com
