press

Press Releases

<< Back
Suntech Power Chosen to Provide Solar Energy System for Beijing Olympics
130KW Solar Energy System to Help Power 2008 Beijing Olympic Main Stadium

BEIJING, 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