WUXI, China and GRENOBLE, France, June 29, 2010 /PRNewswire via COMTEX/ --
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."
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
For more information about our people and products, 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 "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:
Agence Valeur D'image
Suntech Power Ltd.
SOURCE Suntech Power Holdings Co., Ltd.