Schaffhausen, Switzerland, April 10, 2012 -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, today announced that Jerry Stokes, President of Suntech Europe, has been elected to the European Photovoltaic Industry Association’s (EPIA’s) eight-member Board of Directors.
Dr. Winfried Hoffmann, a Member of the Supervisory Board of SMA Solar Technology AG, was appointed as the new President of the EPIA. The elections were held recently at the EPIA’s Annual General Meeting in Brussels.
“Many challenges lie ahead for our industry; but so do great opportunities. Over the last few decades, our industry has matured significantly. Now, we’re poised to drive a revolution of the way Europe produces and consumes energy,” said Jerry Stokes, President of Suntech Europe.
“As the leading European solar association, EPIA has a major role to play in promoting photovoltaics and engaging policy makers; promoting regional and global dialogue on key issues; and facilitating legislative and market transparency and stability for our member companies. I am honored to support EPIA in this important mission and look forward to taking a more active role to advance the solar industry,” Mr. Stokes added.
Jerry Stokes has been actively involved in solar PV, fuel cells, and energy conversion, distribution and storage industries in Europe for over 20 years. Mr. Stokes joined Suntech in 2006 and, as President of Suntech Europe, is responsible for Suntech’s growth strategy and development in Europe. Mr. Stokes has also led Suntech’s European effort to promote sustainability, climate dialogue and policy development to take advantage of readily available, cost-effective solar solutions. He has served on the United Nations Secretary General Advisory Board on Energy and Climate, in the Copenhagen Climate Council, and the Prince of Wales's European Corporate Leaders Group on Climate Change. In addition, Mr. Stokes is an active supporter of PV CYCLE’s solar module recycling initiative.
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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 20,000,000 photovoltaic panels to over a thousand customers in more than 80 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 Suntech's 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 ability to drive a revolution of the way Europe produces and consumes energy. 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.
Communications Manager Europe
Suntech Power International Ltd.
Tel: +41 52 633 12 56