130KW Solar Energy System to Help Power 2008 Beijing Olympic Main StadiumBEIJING, April 17, 2006 /Xinhua-PRNewswire via COMTEX News Network/ -- Suntech Power Holdings Co., Ltd.
(NYSE: STP), one of the world's leading manufacturers of photovoltaic (PV)
cells and modules, announced today an exclusive contract to supply a 130KW
solar energy system for Beijing's Bird's Nest Stadium, the main stadium for
the 2008 Beijing Olympic Games. The world-class solar energy system will be
installed at 12 entrances of the Bird's Nest Stadium.
"The Bird's Nest Stadium solar energy project demonstrates China's
commitment to clean, renewable energy and a green Olympics," remarked Dr.
Zhengrong Shi, Suntech's chairman and CEO. "We are delighted that Suntech's
leading PV system has been chosen to help power the main stadium for the 2008
Beijing Olympics."
Dr. Shi noted that China's first renewable energy law, which came into
effect at the beginning of 2006, is designed to increase renewable energy use
in China.
Suntech is committed to becoming the 'lowest cost per watt' provider of PV
solutions to customers worldwide. According to Solarbuzz, an independent solar
energy research firm, PV industry revenues were approximately $6.5 billion in
2004. Solarbuzz projects that PV industry revenues will reach $18.6 billion by
2010.
About Suntech Power Holdings Ltd.:
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the
world as measured by production output in 2004. Suntech provides solar
solutions for a green future. Suntech designs, develops, manufactures and
markets a variety of high quality, cost effective and environmentally friendly
photovoltaic (PV) solar cells and modules for electric power applications in
the residential, commercial, industrial and public utility sectors. Suntech's
customers are located in various markets worldwide, including Germany, Spain,
China and the United States. For more information, please visit
http://www.suntech-power.com.
For further information please contact:
In China:
Cindy Shao
Suntech Power Holdings Ltd.
Tel: +86 510 8534 5000
Email: ir@suntech-power.com
Rory Macpherson
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86 (10) 8520 6553
Email: rory.macpherson@ogilvy.com
In the United States:
Thomas Smith
Ogilvy Public Relations Worldwide
Tel: +1 212 880 5269
Email: thomas.smith@ogilvypr.com
SOURCE Suntech Power Holdings Co., Ltd.
In China - Cindy Shao of Suntech Power Holdings Ltd., +86-510-8534-5000,
ir@suntech-power.com; or Rory Macpherson of Ogilvy Public Relations Worldwide,
Beijing, +86-10-8520-6553, rory.macpherson@ogilvy.com; or In the United States -
Thomas Smith of Ogilvy Public Relations Worldwide, +1-212-880-5269,
thomas.smith@ogilvypr.com
http://www.prnewswire.com
