Suntech's Solar Panels Power Net-Zero Home at 2010 Vancouver Olympics

VANCOUVER, Canada, Feb. 24 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon photovoltaic modules, has provided the solar panels to power British Columbia's first net-zero home at the Vancouver 2010 Olympic and Paralympic Winter Games. The showcase home, located in the Whistler resort, brings the concept of accessible zero-energy living to attendees of the event. The net- zero home was designed by Vancouver-based RDC Homes.

The net-zero home includes a variety of design elements and technologies that make the house ultra-efficient, and capable of creating energy equal to its annual energy consumption. Suntech's Just Roof (TM) solar roofing system provides 6 kW of solar energy to the 2,200 square foot home, which will be used throughout the duration of the Winter Olympics to house Canadian Olympic athletes as part of the Home Field Advantage program.

Suntech's participation in the showcase home builds on the company's history of providing clean power to net-zero homes. Builders have continually selected Just Roof, one of the industry's most cost effective integrated PV systems for its high efficiency and flexible design that can be integrated with any roofing material.

"The world's focus is on the sportsmanship and excitement of the 2010 Winter Olympics with the incredible backdrop of the Vancouver environment, and as such, it is a great time for the clean energy community to show off the potential of sustainable, zero-energy living - especially in a place like Whistler, with an annual snow fall of 30 feet," said Steve Chan, Chief Strategy Officer, Suntech. "This home is proof-positive that net-zero homes are accessible for today's homeowners and home builders."

Impressively, RDC Homes anticipates that the home will not only be net- zero energy but in fact net positive, producing more energy than it uses. Data from the home will be analyzed for future planning of net-zero homes. Residents and visitors to Whistler can tour British Columbia's first net-zero home throughout the Olympic Games. For more information on the home, please visit: http://www.rdcfinehomes.com/2010-netzero-blog

About Suntech Power

Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world's leading solar energy company as measured by production output of crystalline silicon solar modules. Suntech designs, develops, manufactures, and markets premium quality, high-output, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers an extensive range of customer-centric innovations, including Suntech's patent-pending Pluto technology for crystalline silicon solar cells, which improves power output by up to 12% compared to conventional production methods, Reliathon(TM), the industry's first fully integrated utility-scale solar platform, and its broad range of building-integrated solar products.

Suntech designs and delivers commercial and utility scale solar power systems in China and the United States. With regional headquarters in China, Switzerland and San Francisco and sales offices worldwide, Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. For more information, please visit: http://www.suntech-power.com .

About RDC Fine Homes:

As the 2008 Built Green Builder of the year, RDC Fine Homes Inc. is growing a reputation as one of BC's top builders focusing on innovative, sustainable design. Based in Whistler, the company's primary focus is on building homes in the Sea to Sky corridor, while setting the bar high in green building techniques for the rest of Canada. RDC is pleased to showcase their Rammed Earth and Net-Zero homes and explore lessons learned, with a goal to move the whole building industry forward towards healthier communities and more sustainable homes.

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 include the ability of the home to create energy equal to its annual energy consumption and the ability of the home to be Net Positive to produce more energy than it uses. 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 more information, please contact:

    Media Contact:
     For Suntech:
     Sarahjane Sacchetti
     Tel:   +1-415-268-8881
     Email: [email protected]

     For RDC Fine Homes:
     The Tartan Group
     Trisha Lees
     Tel:   +1-250-592-3838
     Cell:  +1-250-896-3838
     Email: [email protected]

SOURCE Suntech Power Holdings Co., Ltd.