NEW YORK and WUXI, China, July 21 /PRNewswire-Asia/ -- Suntech Power
Holdings Co., Ltd. (NYSE: STP), the world's largest crystalline silicon
photovoltaic (PV) module manufacturer, today announced that its Chairman and
Chief Executive Officer, Dr. Zhengrong Shi, has received the 2009 World
Technology Award for Energy for his innovative work to develop solar
technology and promote the adoption of solar energy.
The award was presented by the World Technology Network (WTN) at The World
Technology Summit and Awards gala held on July 16, 2009 in New York City. The
WTN brings thought leaders from more than 60 countries together to examine the
likely implications and possible applications of emerging technologies of all
types including new energy sources.
James P. Clark, Chairman of the WTN, said, "We are pleased to present this
year's WTN Award for Energy to Dr. Zhengrong Shi of Suntech for his
outstanding achievements in the field of photovoltaics and leadership in the
world's quest for energy sustainability. We believe that his work both as a
scientist and an entrepreneur will produce long-lasting environmental benefits
for generations to come."
Dr. Shi remarked, "I am very pleased to receive this prestigious
distinction from the World Technology Network. It has been a privilege to
contribute to the transition of solar technology from the lab to commercial
reality. Governments worldwide increasingly realize the importance of
investing in solar energy, and with further evolution of solar technology we
have no doubt that it will become a critical element of global energy
generation."
About WTN
The World Technology Network (WTN) is a global meeting ground, a virtual
think tank, and an elite club whose members are all focused on the business
and science of bringing important emerging technologies of all types (from
biotech to new materials, from IT to new energy sources) into reality. The
WTN's membership is comprised of approximately 1000 members from more than 60
countries, judged by their peers to be the most innovative in the technology
world. http://www.wtn.net
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 solar
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 subsidiary Suntech Energy Engineering and
will own and operate projects greater than 10 megawatts in the United States
through Gemini Solar Development Company, a joint venture with Renewable
Ventures, a Fotowatio company. 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 the ability of solar technology to become a critical element of
global energy generation. 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:
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:
Kristen McNally
Executive 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- 07/21/2009
/CONTACT: In China: Rory Macpherson, Investor Relations Director of
Suntech Power Holdings Co., Ltd., +86-21-6288-5574, or rory@suntech-power.com;
In the United States: Kristen McNally, Executive 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: China, New York
IN: CPR OIL UTI GRE ENV
SU: AWD
AR-AR
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9480 07/21/2009 08:00 EDT http://www.prnewswire.com
