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 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.
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:
Marketing Director Europe
Suntech Power Ltd.
Investor Relations Director
Suntech Power Holdings Co., Ltd.
In the United States:
Story Labs for Suntech America
SOURCE Suntech Power Holdings Co., Ltd.