1MW PV Solar System Largest in Switzerland
SCHAFFHAUSEN, Switzerland and WUXI, China, May 18 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world’s largest manufacturer of crystalline silicon photovoltaic (PV) modules, announced today that it will supply Sunergic SA, one of Switzerland’s leading solar system integrators, with the solar panels for a 1MW solar system for Services Industriels de Geneve (SIG), a Swiss utility. The SIG 1MW solar project is one of the largest in Switzerland to date.
“Switzerland has demonstrated a clear commitment to pursuing sustainable energy solutions and we are pleased to partner with Sunergic to bring solar into the mix,” said Jerry Stokes, Suntech’s VP of Strategy and Business Development. “With Suntech’s European headquarters located in Schaffhausen, we are in the process of uncovering the potential for more solar projects in Switzerland and other new markets across Europe.”
C. Hennard, Sunergic’s Chairman, said, “Sunergic is delighted to have won the tender for the SIG solar project despite strong competition. We believe that the quality and credibility of the Suntech brand made the difference. With this result, we are well positioned to become a leader in the Swiss solar market, and look forward to working with Suntech on future projects.”
About SUNERGIC SA:
Sunergic SA is a limited company registered in Vevey/Switzerland under Swiss law, created by private investors coming from various fields. The company’s mission is to supply products and services related to renewable energies and sustainable development, with a focus on PV and electrical mobility.
Through its partnership with Suntech and large Swiss electricity suppliers, Sunergic targets to become the leading PV distributor and integrator in Switzerland. Sunergic is also developing services related to electric mobility, EVs and fuel cells fuelled by PV systems. For more information, please visit http://www.sunergic.com .
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’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 Renewable Ventures, a Fotowatio company. 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 include Suntech’s ability to uncover more solar projects in new markets such as Switzerland. 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.
Tel: +86-21-6288-5574
Email: rory@suntech-power.com
In the U.S.:
Sanjay M. Hurry
Vice President
The Piacente Group, Inc. (Investor Relations Counsel, Suntech)
Tel: +1-212-481-2050
Email: suntech@tpg-ir.com
