Bloomberg New Energy Finance Names Suntech again a Leading PV Module Supplier in 2016

Mar 03, 2016, 02:41 ET from Wuxi Suntech Power Co., Ltd.

WUXI, China, March 3, 2016 /PRNewswire/ -- Bloomberg New Energy Finance (BNEF) added Suntech again to its Tier 1 solar company list in its February 2016 PV Market Outlook.

BNEF has developed a unique ranking system for grading PV module manufacturers, based on bankability and cooperation with market developers, investors and EPCs. The ranking creates a transparent differentiation between the hundreds of manufacturers of solar modules on the market. The outlook is based on solar PV developments that occurred over the course of 2014 and 2015.

Suntech has one of the strongest financial footing in the solar industry with nearly zero debt. BNEF added Suntech again to its Tier 1 solar company list which shows that the bankability of Suntech is highly recognized by the most respected financial institutions in the industry and illustrate that Suntech can provide the most reliable products and the best solutions to our customers worldwide.

About Wuxi Suntech Power Co., Ltd.

Wuxi Suntech Power Co., Ltd., a company incorporated in the PRC in January 2001, produces industry-leading solar products for residential, commercial, industrial, and utility applications. Suntech has delivered more than 10 GWs of installed capacity to more than 1 thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. Suntech's mission is to provide reliable access to nature's cleanest and most abundant energy source.

SOURCE Wuxi Suntech Power Co., Ltd.