<br><div class="gmail_quote"><div vlink="purple" link="blue" lang="EN-US"><div><p class="MsoNormal"><font face="Device Font 10cpi" size="3"><span style="font-size: 12pt;"><br></span></font></p><p class="MsoNormal">Moving manufacturing from China to Arizona - who woulda' thunk it?!?! <br>
</p><p class="MsoNormal">The question is, will customers see them as American modules. Toyota has done a decent job of marketing their cars as American made... <br></p><p class="MsoNormal"><br></p><p class="MsoNormal"><br>
</p><p class="MsoNormal"><br></p><p class="MsoNormal">Andrew Truitt</p><p class="MsoNormal">Standard Solar Inc.<br><font face="Device Font 10cpi" size="3"><span style="font-size: 12pt;"></span></font></p><p class="MsoNormal">
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<p class="MsoNormal" style="text-align: center;" align="center"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">Suntech Selects Arizona for First U.S. Manufacturing
Plant</span></font></p>
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<p class="MsoNormal" style="text-align: center;" align="center"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">Solar Leader Brings Green
Manufacturing Jobs from China
to the United
States</span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> BEIJING,
Nov. 15 /PRNewswire-Asia/ -- From the U.S. China Green Tech Summit today,
Suntech Power Holdings Co., Ltd. (NYSE: STP), announced that its first U.S.
manufacturing plant for the growing North American market would be located in
the Greater Phoenix, Arizona area. The plant will have an initial
production capacity of 30 megawatts (MW) and is expected to begin production in
the third quarter of 2010.</span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> The
announcement makes Suntech the first Chinese cleantech leader to bring
manufacturing jobs to America. Suntech selected the
Greater Phoenix area for its plant because of Arizona's leadership in research through Arizona State University, and statewide renewable energy
policies, particularly its Renewable Energy Standard and distributed generation
set-aside, as well as a supportive local business climate represented by the
Greater Phoenix Economic Council. The Suntech U.S. plant will employ over
75 full-time employees at launch and may double its staff within the year as the
North American market develops. </span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> Initially
starting with 30 MW of PV module production capacity, the Suntech plant is
configured for growth to respond to the expected expansion of the U.S.
solar market in the coming years. The U.S.
market had 356MW of solar PV capacity installed during 2008 (source: Photon
Magazine, Nov. 2009), and is expected to grow six-fold to more than 2GW by 2012
(source: Solarbuzz LLC, Mar. 2009). </span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> "Bringing
manufacturing jobs to the U.S. is part of Suntech's vision to
grow the solar market in every corner of the world," said Suntech's Chairman and
CEO Dr. Zhengrong Shi. "We are eagerly watching growing markets and see
the potential of bringing manufacturing capabilities to other markets where we
see the combination of rapid local market growth and manufacturing cost
competitiveness." </span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> Locating
the plant close to Suntech's U.S. customers will reduce the time,
costs, and emissions associated with long-distance shipping of Suntech panels.
The plant, which will be approximately 80,000 to 100,000 square feet, will allow
for long-term growth of manufacturing capabilities to meet increasing American
demand for solar power. </span></font></p><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"><br clear="all"></span></font>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> "Suntech
has been a leader to watch for some time, and its decision to bring
manufacturing here to the U.S. is a great sign of the increasingly important
collaboration between Chinese and American leaders in the renewable energy
industry, as well as the potential for growth of green jobs in countries that
implement smart, supportive policies," said Dan Kammen, Professor in the Energy
and Resources Group and Director of the Renewable and Appropriate Energy
Laboratory at the University of California,
Berkeley.</span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> Dr. Shi
continued, "This is the first step in what I see as a long-term, strategic
investment in the North American market. Over the last two years we have
grown our U.S. team to over 60 employees. As a
result of that effort, we have developed a network of over 200 solar dealers and
integrators installing Suntech products and are actively involved with a number
of large-scale solar project developers serving the utility market. We
also have developed strong partnerships with U.S. companies
such as MEMC of Pasadena, Texas, our largest supplier of silicon wafers used in
our modules. The leadership shown by the US
government in advancing renewable energy will only improve the environment for
further investments in the coming years." </span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> Suntech
plans to make a final decision on the specific location of the plant in the
coming weeks. </span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> About
Suntech </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> 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.</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> 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 <a href="http://globalmessaging2.prnewswire.com/clickthrough/servlet/clickthrough?msg_id=6440862&adr_order=280&url=aHR0cDovL3d3dy5zdW50ZWNoLXBvd2VyLmNvbQ%3D%3D" target="_blank">http://www.suntech-power.com</a>
.</span></font></p>
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<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Safe
Harbor
Statement</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> 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 expected growth of the U.S. solar market, timing of the opening of Suntech's
Phoenix, Arizona manufacturing plant; the number of expected employees at time
of opening of the plant; forecasted production output, forecasted employee
growth, and growth of manufacturing capacity. 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.</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> For more
information, please contact:</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> In the
United
States:</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Sarahjane Sacchetti</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Story Labs for Suntech America</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Tel: +1-415-268-8881 </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Email: <a href="mailto:ssacchetti@suntechamerica.com" target="_blank">ssacchetti@suntechamerica.com</a></span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> In
China:</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Rory Macpherson</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Investor Relations Director</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Suntech Power Holdings Co., Ltd. </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Tel: +86-21-6288-5574</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
Email: <a href="mailto:rory@suntech-power.com" target="_blank">rory@suntech-power.com</a></span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> </span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">SOURCE Suntech Power
Holdings Co., Ltd.</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
-0-
11/15/2009</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
/CONTACT: In the United States, Sarahjane Sacchetti of Story Labs for
Suntech America, +1-415-268-8881, or <a href="mailto:ssacchetti@suntechamerica.com" target="_blank">ssacchetti@suntechamerica.com</a>; or in China,
Rory Macpherson, Investor Relations Director of Suntech Power Holdings Co.,
Ltd., +86-21-6288-5574, or <a href="mailto:rory@suntech-power.com" target="_blank">rory@suntech-power.com</a> /</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';"> /Web
Site: <a href="http://globalmessaging2.prnewswire.com/clickthrough/servlet/clickthrough?msg_id=6440862&adr_order=280&url=aHR0cDovL3d3dy5zdW50ZWNoLXBvd2VyLmNvbQ%3D%3D" target="_blank">http://www.suntech-power.com</a>
/</span></font></p>
<p class="MsoNormal"><font face="Courier New" size="2"><span style="font-size: 11pt; font-family: 'Courier New';">
(STP)</span></font></p>
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</div><br><br clear="all"><br>-- <br>"Don't get me wrong: I love nuclear energy! It's just that I prefer fusion to fission. And it just so happens that there's an enormous fusion reactor safely banked a few million miles from us. It delivers more than we could ever use in just about 8 minutes. And it's wireless!"<br>
<br>~William McDonough<br><br>