SAN FRANCISCO and WUXI, China, Dec. 2 /PRNewswire-Asia/ -- Suntech Power
Holdings Co., Ltd. (NYSE: STP) the world's leading manufacturer of
photovoltaic (PV) modules, today announced that it has experienced an accident
in its module production facilities.
On November 28, 2008, seven Suntech employees were injured as a result of
an accident that occurred due to the malfunction of a piece of module
lamination equipment at Suntech Power's PV module facilities in Wuxi, China.
The seven injured employees are receiving further medical treatment and are
recovering in hospital.
Suntech's safety management department swiftly implemented the appropriate
measures to ensure the safety of other staff and the facility. Suntech has
provided information to the manufacturer of the malfunctioning equipment and
recommended that it inspect all similar lamination machines.
Suntech places the highest priority on protecting the well-being of its
employees. The Company maintains the highest international production and
safety standards and is certified with the ISO 9000 quality management
standard and the ISO 14000 environmental management standard.
Suntech's regular PV cell and module production and shipments were not
impacted by the accident.
About Suntech
Suntech Power Holdings Co., Ltd. the world's leading solar energy company
as measured by both production output and capacity of solar modules. Suntech
is passionate about improving the environment we live in and dedicated to
developing advanced solar solutions that enable sustainable development.
Suntech designs, develops, manufactures, and markets a variety of high quality,
cost effective and environmentally friendly solar products for electric power
applications in the residential, commercial, industrial, and public utility
sectors. Suntech offers one of the broadest ranges of BIPV products under the
MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market
share leader in key global solar markets. Suntech Energy Solutions is a wholly
owned subsidiary of Suntech Power Holdings Co., Ltd. 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.
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 on Suntech, please contact:
In China:
Rory Macpherson
Investor Relations Director
Tel: +86-21-6288-5574
Email: rory@suntech-power.com
In the United States:
Sanjay M. Hurry
Vice President
The Piacente Group, Inc. (Investor Relations Counsel, Suntech)
Tel: +1-212-481-2050
Email: suntech@tpg-ir.com
SOURCE Suntech Power Holdings Co., Ltd.
-0- 12/02/2008
/CONTACT: In China: Rory Macpherson, Investor Relations Director,
+86-21-6288-5574, or rory@suntech-power.com; In the United States: Sanjay M.
Hurry, Vice President of The Piacente Group, Inc. (Investor Relations Counsel,
Suntech), +1-212-481-2050, or suntech@tpg-ir.com /
/Web site: http://www.suntech-power.com /
(STP)
CO: Suntech Power Holdings Co., Ltd.
ST: California, China
IN: OIL UTI
SU:
KY
-- CNTU038 --
5079 12/02/2008 23:00 EST http://www.prnewswire.com
