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Suntech CTO Dr. Stuart Wenham Wins NSi 2009 Inventor of the Year Award

SYDNEY and WUXI, China, April 30 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest manufacturer of crystalline silicon photovoltaic (PV) modules, announced that Dr. Stuart Wenham, Suntech's Chief Technology Officer, has won the top prize at the 2009 Inventor of the Year awards hosted by NewSouth Innovations (NSi), the technology commercialization company of the University of NSW, Australia (UNSW).

Dr. Wenham who holds a dual position as the Director of the UNSW's ARC Photovoltaic Centre of Excellence, is a world-leading solar cell inventor with more than 25 years experience in solar research and development. He has invented or co-invented eight suites of solar cell technologies, and was instrumental in helping develop Suntech's breakthrough Pluto technology. Suntech is currently utilizing the Pluto technology to produce PV cells on commercial grade solar wafers with conversion efficiencies of approximately 19% on mono-crystalline PV cells and 17% on multi-crystalline PV cells - around 12% above standard screen printed crystalline silicon solar cells.

"The standard of excellence among the finalists at these awards was first class and I'm humbled to have been chosen top inventor," said Dr. Wenham. "Through the course of my career I have witnessed solar progress from the lab to field installations and now into a multi-billion dollar global industry. The potential of solar to redefine energy generation is enormous and I have no doubt that we will witness further breakthroughs that will facilitate even greater adoption of solar."

Dr. Zhengrong Shi, Suntech's Chairman and CEO, said, "Stuart's contribution to the solar industry has been exceptional and it is fitting that he receive this award. Under his guidance, we have successfully commercialized the high efficiency Pluto technology and plan to start shipments within the next few months. This technology clearly demonstrates the strength of Suntech's R&D capability and leadership position in crystalline silicon solar technologies."

The NSi Inventor of the Year awards reward innovative technologies of UNSW researchers and students that benefit the community and the environment. This is the first year of the awards, which carry a total prize pool of AUD$20,000. One hundred and twenty leaders from business, media and research organisations attended the 23 April awards event.

About NSi

NewSouth Innovations Pty Limited (NSi) commercialises research and technology developed by the University of New South Wales.

NSi is a company limited by shares, and is a wholly owned subsidiary and controlled entity of UNSW. Formally Unisearch Limited, the organisation was restructured in 2005 and NSi was formed with a business model clearly focused on intellectual property (IP) commercialisation and technology transfer. A Registered Research Agency, NSi is located within the Research Precinct on the Kensington campus of UNSW.

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 photovoltaic (PV) 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. 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 includes Suntech's ability to produce PV cells with an average conversion efficiency of close to 17% using multi-crystalline silicon wafers and close to 19% using mono-crystalline silicon wafers; Suntech's ability to ship Pluto modules within the next few months. 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:

    For NSi

     Dan Gaffney
     NewSouth Innovations
     Email: d.gaffney@nsinnovations.com.au
     Tel:   +61-411-156-015

    For Suntech

    In China:
     Rory Macpherson
     Investor Relations Director
     Suntech Power Holdings Co., Ltd.
     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-                             04/30/2009
    /CONTACT: For Nsi: Dan Gaffney, NewSouth Innovations at
d.gaffney@nsinnovations.com.au or +61-411-156-015; For Suntech: In China: Rory
Macpherson, Investor Relations Director, Suntech Power Holdings Co., Ltd. at
+86-21-6288-5574 or rory@suntech-power.com; or in the United States: Sanjay M.
Hurry, Vice President, The Piacente Group, Inc. (Investor Relations Counsel,
Suntech) at +1-212-481-2050 or suntech@tpg-ir.com/
    /Web site: http://www.suntech-power.com /
    (STP)

CO:  Suntech Power Holdings Co., Ltd.; NewSouth Innovations Pty Limited

ST:  Australia, China
IN:  OIL ENV GRE
SU:  AWD






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3570 04/30/2009 08:00 EDT http://www.prnewswire.com