RIALTO and SAN FRANCISCO, Calif., April 8 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world’s largest manufacturer of photovoltaic (PV) modules, and Eagle Roofing Products are proud to announce the Eagle Solar Roof with SolarBlend(TM) from Suntech is a 50+ SMART CHOICE Award winner. The 50+ SMART CHOICE Award winners were decided by the 50+ Housing Council and the Sales and Marketing Council of Southern California. Winning products were chosen for being green, sustainable, energy efficient, environmentally friendly and innovative.
The Eagle Solar Roof with SolarBlend(TM) from Suntech is an innovative building integrated photovoltaic roofing solution. An efficient and economical power producing system, the Eagle Solar Roof creates clean, safe and quiet renewable energy. SolarBlend(TM) solar roofing tiles are produced by Suntech, the world’s largest solar module manufacturer. These solar roofing tiles are available in three colors (gray, brown and terracotta) and install along with Eagle’s concrete roof tile to create a roof that protects while creating energy for the home. With a 25 year power output warranty, Class A fire rated installation, up to 125 mph wind rating (with wind clip), 200 pounds per square foot snow load and resistance to 1” hail stones these solar roofing tiles are durable as well as functional.
Monthly energy savings due to the Eagle Solar Roof can be significant and depends on electricity use, sun hours and the size and orientation of the solar system. For example, a northern California residence installed a 5.3 kW DC Eagle Solar Roof which produced enough energy to reduce the monthly electric bill by 85%.
Equally, a solar system increases home value. According to “Why Is A Solar Electric Home Worth More?” written by Andrew J. Black, “A solar electric system increases home value by $20,000 for each $1,000 in annual reduced operating costs, according to the Appraisal Institute. ... That is to say, if a solar system can reduce the electric bill by $1,000 per year, the home is worth about $20,000 more in increased appraisable value.”
Outside of energy savings and increased home value, the Eagle Solar Roof with SolarBlend(TM) from Suntech is also an environmentally responsible choice. Each month, a two kilowatt solar roof can significantly and positively impact the environment in the following ways:
-- Prevent 300 lbs. of coal from being mined
-- Prevent 600 lbs. of CO2 from entering the atmosphere
-- Prevent 210 gallons of water from being consumed
-- Prevents NO and SO2 from being released into the environment
Source: Solar Energy International Organization
“Now more than ever, those 50 years and older need to make smart choices about conserving energy -- not only for their own financial benefit, but for the protection and benefit of their children and grandchildren,” said Jay Banister Eagle’s national solar and marketing manager. “Eagle is proud to provide the innovative and sustainable Eagle Solar Roof with SolarBlend(TM) from Suntech to meet these needs.”
Leonard May, Suntech’s managing director of BIPV products, said, “The Eagle Solar Roof using Suntech’s SolarBlend(TM) product is an excellent way to reduce the household carbon footprint and engender sustainable living. We look forward to continuing to work with Eagle to bring this and other innovative solar solutions to more households in the United States, Canada and Mexico.”
Eagle will present the award winning Eagle Solar Roof during the SMART CHOICE honoree breakfast on April 16 in Newport Beach.
For additional information on Eagle Roofing Products, the Eagle Solar Roof and the Eagle Green program, contact Melissa Pellerito, Eagle’s marketing communications manager, at (909) 355-7000 or visit http://www.eagleroofing.com .
About Eagle Roofing Products
Eagle Roofing Products, a division of Burlingame Industries, was founded in 1989 with the goal of manufacturing quality concrete roof tile in modern, automated and high-speed plants. From the beginning, Eagle Roofing Products has prided itself on building strong relationships with customers of all sizes by listening and responding to their requests. Eagle Roofing Products is continually expanding its production capacity and its market coverage in order to offer its superior products nationwide. Having earned AAA rating by the Better Business Bureau, Eagle maintains strong sales and customer service support at the local as well as national level. Eagle is also committed to seeking out trend setting technologies and products that help the environment while helping our customers and their customers. Our green building products and green manufacturing process are a major focus of the company’s time and investments. For more information on Eagle Roofing Products, please visit http://www.eagleroofing.com .
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world’s leading solar energy company as measured by production output of 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’s patent-pending Pluto technology for crystalline silicon solar cells improves power output by up to 12% compared to conventional production methods. Suntech also offers one of the broadest ranges of building-integrated solar products under the MSK Solar Design Line(TM). Suntech designs and delivers commercial and utility scale solar power systems through its wholly owned subsidiaries Suntech Energy Solutions and Suntech Energy Engineering and will own and operate projects greater than 10 megawatts in the United States through Gemini Solar Development Company, a joint venture with MMA Renewable Ventures. 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 expected availability of panels and the number of homes on which such panels will be installed. 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:
For Eagle Roofing Products -
Corporate & Media Contact:
Melissa Pellerito
Tel: +1-909-355-7000
Email: melissap@eagleroofing.com
In China:
Rory Macpherson
Investor Relations Director
Suntech Power Holdings Co., Ltd.
Tel: +86-21-6288-5574
Email: rory@suntech-power.com
In the United States:
Sanjay M. Hurry
Vice President
The Piacente Group, Inc. (Investor Relations Counsel, Suntech)
Tel: +1-212-481-2050
Email: suntech@tpg-ir.com
