Suntech Launches new HiPerforma™ Product Line in Europe

SCHAFFHAUSEN, Switzerland, Sept. 1, 2011 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, has launched its new generation high-efficiency HiPerforma™ product line with the introduction of HiPerforma™ Pluto Vdm-295 and HiPerforma™ Wdm-245 in Europe. Both products, which are immediately available, utilize Suntech's advanced Pluto™ cell processing technology that allows cells to absorb more sunlight and generate more electricity.

The new HiPerforma™ Pluto Vdm-295, a 295W panel utilizing 72 6-inch multicrystalline cells, is ideal for both commercial rooftop and utility-scale electricity generation. The new HiPerforma™ Pluto Wdm-245, a 245W panel utilizing 60 6-inch polycrystalline cells, is a universal product which is ideal for various applications. HiPerforma™ Pluto Ade-200 is the optimum choice for small residential roofs. HiPerforma™ Ade-200, the 5 inch mono 72-cell variant with a conversion efficiency of up to 15.7%, was introduced to the market earlier. The new modules extend the product portfolio with polycrystalline products.

"Our advanced Pluto™ cell technology represents a major step forward in our mission to drive down the cost of solar electricity generation, and make solar energy accessible to everyone, everywhere," said Dr. Zhengrong Shi, Suntech's CEO and Founder. "The Pluto™ advanced cell processing technology was designed specifically to work well with different grades of silicon wafers, giving Suntech the flexibility to develop competitive products for all major markets."

The high performance and quality of Suntech solar panels is testament to the efforts of its R&D team that includes 450 professionals globally. In 2010, Suntech invested $40 million in R&D initiatives.

HiPerforma™ Pluto Vdm-295 and HiPerforma™ Pluto Wdm-245

• HiPerforma™ Pluto Vdm-295 has a conversion efficiency of up to 15.2%, which is ideal for large-scale installations that are focused on achieving superior cost per kWh.
• HiPerforma™ Pluto Wdm-245 has a conversion efficiency of up to 14.8%. Its universal format combined with an excellent temperature behaviour makes it suitable for a wide variety of applications.
• HiPerforma™ modules benefits not only are higher efficiency than industry standard cells but lower temperature coefficients and higher power output per watt installed due to an improved spectral response. This results in up to 12 % higher power output based on same nameplate power.

The products also offer Suntech's industry-leading 25-year power output warranty that warrants 6.7% more power than the standard industry warranty. In addition, the panels feature 0/+5% positive power tolerance and have been built to withstand all weather conditions, including 3.800 Pascal wind load and 5.400 Pascal snow loads, well above IEC standard requirements.

From September 5-9, 2011, Suntech's new HiPerforma™ product line will be on public display for the first time in Europe at: PV SEC Hamburg, Suntech's booth C14 in hall B5.

About Suntech

Suntech Power Holdings Co., Ltd. (NYSE: STP) produces industry-leading solar products for residential, commercial, industrial, and utility applications. With regional headquarters in China, Switzerland, and the United States, and gigawatt-scale manufacturing worldwide, Suntech has delivered more than 15,000,000 photovoltaic panels to thousands of customers in more than eighty 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 everyone with reliable access to nature's cleanest and most abundant energy source.

For more information about our people and products 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 volume of Pluto powered solar panels to be delivered by end of year, the percent more power per watt peak the HiPerforma modules are expected to generate over time, and 2012 production capacity of Pluto cells. 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.

Media Contacts

Bjoern Emde
Communications Manager
Suntech Power International Ltd.
Phone: +41 52 633 1256
Email: [email protected]

GlobalCom PR-Network
Wibke Sonderkamp
Phone: +49-89-360363-40
Email: [email protected]  

SOURCE Suntech Power Holdings Co., Ltd.