WUXI, China, April 23 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that it has reached an agreement to supply close to 3,000 solar modules for installation in the San Francisco International Airport's (SFIA) new Terminal T3 solar project. The solar modules will be installed by San Francisco based BASS Electric.
"We are delighted to partner with BASS Electric to be the exclusive supplier of solar modules to the San Francisco International Airport, one of the world's busiest airports, which reflects the momentum of our North American sales initiatives led by Suntech America," said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Given the strong order bookings and pipeline so far, Suntech is well on the way towards achieving multifold expansion of sales in the United States."
Mr. Jeff Yee, President of BASS Electric commented, "This project demanded the PV modules meet a specific set of stringent performance criteria, and Suntech was able to meet or exceed all of them. Using Suntech's products, we will be able to deliver San Francisco International Airport with a highly reliable, cost effective and clean source of energy."
The 450KW system will cover the approximate area of a football field and will be visible to the public from the SFIA Air Train. The system will also be integrated with a new roof membrane further protecting the building by blocking UV exposure and reducing heating of the roof.
In August of 2006, Suntech established a wholly owned subsidiary, Suntech America, with a mandate to increase public awareness of solar power in North America. Since its founding, Suntech America has been involved in promoting alternative energies by endorsing the Global Roundtable on Climate Change's climate sustainability statement, among other projects.
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 and Suntech America
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. Established in August 2006 as a Delaware corporation, Suntech America is dedicated to promoting a greener America through the use of Suntech's clean solar modules and cells.
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. Among other things, Suntech's expectations with respect to Suntech's expansion in the United States above contain forward-looking statements. 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 more information, please contact:
Steven Chan
VP of Business Development
Suntech Power Holdings Co., Ltd.
Tel: +86-510-8531-8910
Email: ir@suntech-power.com
In the United States:
E.E. Wang
The Piacente Group, Inc.
Tel: +1-212-481-2050
Email: suntech@tpg-ir.com
In China:
Rory Macpherson
Consultant
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6553
Email: rory.macpherson@ogilvy.com
