WUXI, China and WASHINGTON D.C., Oct. 22 /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 donated
MSK building-integrated photovoltaic (BIPV) modules to Texas A&M University
(TAMU) for their entry in this year's Solar Decathlon. The U.S. Department of
Energy's Solar Decathlon is a bi-annual competition in which 20 university-led
teams compete to design, build, and operate the most attractive, effective,
and energy-efficient solar-powered house. The Solar Decathlon complements the
US Federal Government's Solar America Initiative, which seeks to make solar
energy cost-competitive with conventional forms of electricity by 2015.
"The Solar Decathlon is setting the trend for future green home design in
America and TAMU's groHome modular design is one of the most creative entries
we have seen," commented Len May, Suntech America's VP of Business Development
for MSK BIPV Products. "The home showcases how BIPV can be integrated into a
variety of areas of the building skin, clearly demonstrating its multi-
functionality as an energy efficient building material. We are pleased to
support TAMU and its innovations in solar technology and we are committed to
leading the way toward the future of photovoltaic technology."
The focus of the Texas A&M groHome(TM) Solar Decathlon Entry is
sustainability, open source systems, disaster relief, and technological growth.
TAMU's groHome(TM) is designed as an open flexible building system, with
incremental building scales and evolving renewable energy systems. Three
different photovoltaic module types are integrated into the home design: a
rooftop array consisting of standard Suntech power modules to maximize energy
harvest; a pitched semi-transparent BIPV awning system over the south
clerestory to shade the home from harsh southern light; and a vertical semi-
transparent BIPV system that provides additional shade to the south wall
without sacrificing exterior views.
"Already having won a national design competition from the EPA referred to
as Design for Disassembly, our home satisfies the dynamic needs of the modern
household and the environmental impacts that are looming upon us. In addition,
the system design sets the stage to become compliant to manufacturing
protocols that might help advance the housing industry," said TAMU Professor
Pliny Fisk, inventor of the groHome concept.
The Solar Decathlon competition took place on the National Mall in
Washington, D.C. Complete event details, team information, high-resolution
photos, and daily results are available on the Solar Decathlon website at
http://www.solardecathlon.org/. For more information about the Texas A&M
Solar Decathlon and groHome, please visit:
http://archone.tamu.edu/solardecathlon/design.htm .
About The Texas A&M University System
The A&M System is one of the largest systems of higher education in the
U.S., with a budget of $2.6 billion. Through a statewide network of nine
universities, seven state agencies and a comprehensive health science center,
the A&M System educates more than 103,000 students and makes more than 15
million additional educational contacts through service and outreach programs
each year. Externally funded research brings in almost $620 million every
year and helps drive the state's economy.
http://www.tamu.edu/
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, North America, Japan and China. 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 contact contact Len May, tel: +1 (301) 473-4619 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.
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:
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
SOURCE Suntech Power Holdings Co., Ltd.
-0- 10/22/2007
/CONTACT: In China: Rory Macpherson, Investor Relations Manager of
Suntech Power Holdings Co., Ltd., +86-510-8531-8922, or rory@suntech-power.com;
or In the United States: Sanjay M. Hurry, Vice President of The Piacente Group,
Inc., +1-212-481-2050, or suntech@tpg-ir.com /
/Web Site: http://www.suntech-power.com
http://www.solardecathlon.org/
http://archone.tamu.edu/solardecathlon/design.htm
http://www.tamu.edu/ /
(STP)
CO: Suntech Power Holdings Co., Ltd.; The Texas A&M University System
ST: China, Texas
IN: CPR OIL HED EDU UTI
SU: ASI
KY
-- CNM022 --
2868 10/22/2007 08:00 EDT http://www.prnewswire.com