WUXI, China and SAN FRANCISCO, Sept. 27 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced the completion of a 500kW solar system at the San Francisco International Airport's (SFO) new Terminal 3. Close to 3,000 Suntech solar modules were installed by San Francisco based BASS Electric.
San Francisco Mayor Mr. Gavin Newsom unveiled the new solar system on September 21, 2007 and was joined at a press conference by Mr. Steven Chan, Suntech's Chief Strategy Officer, Mr. Jeff Yee, President of BASS Electric, Mr. John Martin, the SFO Airport Director, and Ms. Susan Leal, President of the San Francisco Public Utilities Commission.
"This landmark solar project reflects Suntech's growing presence in the U.S. solar market and helps to build the profile of solar energy as an important component of the total energy mix," said Mr. Chan. "BASS Electric's expertise was instrumental in ensuring the successful and on-schedule completion of this project."
According to BASS Electric, the Terminal 3 solar energy system is estimated to generate an annual energy saving of 669,000 kilowatt hours, and save approximately 7,200 tons of Carbon Dioxide over a 30 year period.
Mr. Jeff Yee, President of BASS Electric, commented, "We are very pleased with the output and performance of Suntech's modules, which will significantly increase the energy efficiency of SFO Terminal 3. We look forward to working with Suntech on new solar projects and encouraging the uptake of this clean and renewable energy source in the U.S. community."
Suntech is displaying its full range of products available in the U.S. at the Solar Power 2007 Conference and Expo being held in Long Beach, CA. For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center on September 27.
About BASS Electric
BASS Electric is a San Francisco based company with over 20 years experience in the electrical and solar industries. BASS delivers efficient, effective and economic solutions to their clients. For more information, please visit http://www.basselectric.net .
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, Japan, China and the United States. For more information, please visit http://www.suntech-power.com .
Suntech America, Inc. is a wholly-owned subsidiary of Suntech Power Holdings Co., Ltd., with responsibility for the distribution of Suntech products in the Americas. For more information about Suntech America's product offerings, please visit Suntech's booth at the Solar Power 2007 Conference and Expo in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center, or contact Roger Efird, tel: +1 (301) 774-3430 or email: sales@suntechamerica.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. 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 more information, please contact:
In China:
Rory Macpherson
Investor Relations Manager
Suntech Power Holdings Co., Ltd.
Tel: +86-510-8531-8922
Email: rory@suntech-power.com
In the United States:
Sanjay M. Hurry
Vice President
The Piacente Group, Inc.
Tel: +1-212-481-2050
Email: suntech@tpg-ir.com
