Suntech Opens Warehouse in Cape Town

CAPE TOWN, South Africa, March 23, 2015 /PRNewswire/ -- Wuxi Suntech Power Co., Ltd. has officially announced the establishment of a local warehouse in Cape Town, South Africa. This new facility will initially store 500kW of modules and will expand its storage capacity to 1MW later in 2015. Suntech established a full time presence in South Africa in 2014 as part of its expansion efforts in the region.

"The opening of a local warehouse in Cape Town will allow Suntech to increase its sales capacity in South Africa, and in the South African Development Community, which serves as a free trade zone. We are also eliminating the effort involved in the PV modules shipping and importation procedure, which will help our customers to better plan their project schedules," said Joey Zheng, Regional Director to Suntech's Africa and South Asia markets. "With a growing number of sales to larger scale projects, we will now be able to assure that all of our customers will have their products within 24 hours after purchase, whereas previously it took 40 days for modules to be delivered from China," Zheng added.

Recently, Suntech supplied 100 MW of its high-efficiency PV modules to two projects selected during the Department of Energy's Renewable Energy Independent Power Producer Procurement Program's (REIPPPP) first bid round.

"Under the ownership of Shunfeng Clean Energy (SFCE), Suntech has the strongest balance sheet in the industry and was recently added to Bloomberg New Energy Finance's (BNEF) Tier 1 solar company list," said Victor Xiong, President of Wuxi Suntech. "We are now part of the largest integrated clean energy generation company in the world. I am confident that our partners and customers will see how our clean energy ecosystem brings value to solar energy development, which is especially relevant in supporting the growing electricity needs in South Africa and in the wider region," he added.

Suntech will be present at Power & Electricity World Africa 2015 in Johannesburg from March 24-25, 2015. The team will be exhibiting the following products: a solar home system, which is an all-inclusive DC power system, the STP265-20/Wem and STP315-24/Vem modules for on grid systems, and the STP140D-12/TEA and STP085D-12/BEA modules for off-grid systems.

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 30 million photovoltaic panels or 8 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.

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SOURCE Wuxi Suntech Power Co., Ltd.