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Suntech to Host 2007 Chinese PV Industry International Competitiveness Forum in Wuxi, China

SAN FRANCISCO, Dec. 5 /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 will host the 2007 Chinese PV Industry International Competitiveness Forum on behalf of the China Renewable Energy Association on Wednesday, December 12, 2007, in Wuxi, Jiangsu Province, China.

The Forum will bring together a diverse group of Chinese and international solar professionals to discuss Chinese PV companies' participation in the international solar industry and proactive measures to improve quality, reduce cost and accelerate efforts to reach grid parity. Suntech Chairman and CEO Dr. Zhengrong Shi will provide the introductory keynote address. Additional presenters will include solar industry professionals Craig Cornelius of the U.S. Department of Energy's Solar Program, Dr. John Pern of the National Renewable Energy Laboratory, Dr. Jeffrey S. Nelson of Sandia National Laboratories, Jonathan Fink of Arizona State University, and Liang Ji of Underwriters Laboratories Inc among others.

''This gathering of key solar industry officials, scientific leaders and enterprises will provide an open dialogue for issues surrounding the enormous growth of the PV industry in China,'' said Dr. Zhengrong Shi, Suntech's Chairman and CEO. ''Chinese solar companies are playing an increasingly important role in the development of the global solar industry and it is crucial that enterprises at all stages in the solar value chain collaborate to achieve the common goals of enhanced product quality and grid parity pricing. This Forum will provide an opportunity to form collective initiatives to advance manufacturing techniques, improve industry standards and support ongoing solar innovation.''

Forum sessions will be held from 9:00am to 5:30pm China time. Parties interested in attending the Forum may contact:

    Tony Tang
    Public Relations Officer
    Suntech Power Holdings Co., Ltd.
    Tel: +86-510-8531-8662
    dhtang@suntech-power.com

    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 .

    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