Suntech's Australia Super Draw Winner Gets Free Electricity for Life

SYDNEY, Australia, July 24, 2012 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, today announced the grand prize winner of its Suntech Super Draw in Australia, who will receive AUD20,000 for an eco-friendly retrofit of his home.

Dale C., the grand prize winner from Victoria, Australia, purchased a 4.5 kilowatt solar system that was installed by solar specialists Gippsland Solar. Dale said, "I'm so excited to have won the grand prize. I was already very happy with the performance of my Suntech solar panels. When I found out that I had won, that was just icing on the cake." The solar system and eco-retrofit will almost completely eliminate Mr. Dale C.'s electricity bills.

The Suntech Super Draw campaign was launched on the heels of Suntech's tenth anniversary to celebrate Suntech's loyal customers and partners in Australia. Suntech customers submitted entries for the grand prize as well as two minor draws. Altogether, AUD28,000 was awarded to customers to offset the cost of their solar systems. In conjunction with the Super Draw, Suntech also launched a Solar Search competition offering prizes for the best pictures from customers or installers of their Suntech solar systems. A total of 401 entries were received from across Australia and the most unique pictures won prizes including iPads and digital cameras.

Holly Wu, Vice President of Marketing for the Asia Pacific, Middle East and Africa said, "Suntech has a long-standing connection with Australia and we launched this campaign to celebrate 10 years of Australian technology powering solar solutions across the world. It is fantastic to see so many photos of our customer's installations demonstrating the success of solar in Australia. As electricity prices continue to rise, solar power is increasingly seen as a viable renewable energy solution."

In September 2001, Suntech's CEO Zhengrong Shi, an Australian citizen who received his Ph.D. at the University of New South Wales (UNSW), founded Suntech to make advanced solar technology available and affordable for people around the world. Ten years later, Suntech is the world's largest producer of solar panels and continues to invest in advanced solar R&D in Australia, China and globally.

Suntech will host a celebration and exhibition on July 27th at its booth at the ATRAA conference in Sydney during Australia's Clean Energy Week. Please visit Suntech at booth #42. 

To learn more about Suntech's Australian heritage and innovation excellence, please visit the Suntech Connect blog, like us on Facebook, or follow us on Twitter @Suntech_Connect for regular updates.

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 25,000,000 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 actual prizes awarded, value of the eco-retrofit and ability of the system to generate power for life. 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.

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SOURCE Suntech Power Holdings Co., Ltd.