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Suntech Recognized for Bold Global Environment Contributions
WUXI, China and LONDON, Feb 26, 2010 /PRNewswire via COMTEX/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon photovoltaic modules, received the 2009 FT ArcelorMittal Boldness in Business Environment Award last night in London.

"We are honored and pleased to receive the Boldness in Business Environment Award," Dr. Zhengrong Shi, Suntech's Chairman and CEO, remarked in an acceptance speech. "When we began in 2001, we set ourselves the mission to transform the world energy market from its environmentally destructive state to one that facilitates sustainable development. Suntech wants to power a world where everyone has direct and dependable access to nature's cleanest and most abundant energy resource."

Other nominees for the 2009 Environment Award included Better Place, BMW, Dong Energy, and Nissan. The 2008 Environment Award went to Masdar, the world's first carbon-neutral zero waste city. Suntech provided 5MW of solar panels for Masdar City's first power plant.

Sponsored by the Financial Times and ArcelorMittal, the annual Boldness in Business Awards recognize innovative and dynamic companies and entrepreneurs who show leadership in six categories: Drivers of Change, Corporate Responsibility, Entrepreneurship, Newcomer, Emerging Markets, and Environment. Inspiration for the Boldness in Business Awards, according to the organizers, was well-summarized by the celebrated German writer and philosopher Goethe, "Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it."

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 its patent-pending Pluto technology for crystalline silicon solar cells, which improves power output by up to 12% compared to conventional production methods, its Reliathon(TM) module and platform, the industry's first fully integrated utility-scale solar platform, and its broad range of building-integrated solar products.

Suntech designs and delivers residential, 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 .

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. 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 Suntech Power:

    In Europe:
     Frank Weber
     Marketing Director Europe
     Suntech Power Ltd.
     Tel:   +49-89-544599921

    In China:
     Rory Macpherson
     Investor Relations Director
     Suntech Power Holdings Co., Ltd.
     Tel:   +86-21-6288-5574

    In the United States:
     Sarahjane Sacchetti
     Story Labs for Suntech America
     Tel:   +1-415-268-8881

SOURCE Suntech Power Holdings Co., Ltd.