Suntech Grows with Solar Industry in France

WUXI, China and GRENOBLE, France, June 29 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, today opened a representative office in Montbonnot (Isere), France, to better serve its local partners throughout the region's growing solar industry. Since Suntech established its presence in France in 2008, the French solar market has become one of Suntech's top three markets in Europe.

"We are going the distance to meet the needs of our local partners, including distributors and installers, by providing them with responsive and top-quality service," said Jean-Yves Lindheimer, recently appointed head of Suntech France, after welcoming key industry partners and public representatives to the new office. "The Grenoble area provides an ideal environment for our office in France, as this community shares Suntech's commitment to driving technology innovation and sustainable development."

The event was also attended by Frank Weber, Marketing Director for Suntech Europe, who stressed the strategic importance of this new development: "The French solar market is booming; and, in our view, sustainable, long-term growth will require steady commitment and support from major industry players," he said. "Above and beyond our high-value solar products, we will continue to provide our partners with reliable services and support - giving them the tools and confidence to drive market growth."

The new office features a solar product training center for distributors and installers to learn more about the advantages of Suntech's industry- leading product offerings. In addition, Suntech professionals will provide hands-on installation training, particularly for Suntech's popular Just Roof(TM) offering that elegantly replaces traditional roofing materials with long-lasting, high-performing solar panels. The office will be home to a technical customer support team with decades of local industry experience, and is expected to grow in tandem with local market demand.

"As Europe is Suntech's largest sales region globally, we must not forget that our local partners here are the chief ambassadors for Suntech products and the entire solar industry," said Frank Weber. "We are focused on providing all of our partners every asset they need as we grow together in France, Europe, and around the world."

About Suntech

Suntech Power Holdings Co., Ltd. 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 10,000,000 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. Our 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, please 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 "plans to", "expects to," "anticipates," "future," "intends to," "plans," "believes," "considers" and similar statements, and includes Suntech's ability to continue to provide partners with reliable services and support to drive market growth. 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.

    For further information, please contact:

    In France
     Agence Valeur D'image
     Virginie DEBUISSON
     Tel:   +33-610-800-652
     Email: [email protected]

    In Europe
     Bjorn Emde
     PR Manager
     Suntech Power Ltd.
     Tel:   +49-89-544-599-926
     Email: [email protected]

SOURCE Suntech Power Holdings Co., Ltd.