Suntech, Siemens and Mainstream Renewable Power Collaborate on 100MW of Solar Projects in South Africa

Suntech, Siemens and Mainstream Renewable Power Collaborate on 100MW of Solar
                           Projects in South Africa

PR Newswire

WUXI, China, Dec. 10, 2012

WUXI, China, Dec. 10, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd.
(NYSE: STP), one of the world's largest producers of solar panels, has
announced that it will supply approximately 100 megawatts (MW) of solar panels
for two projects that are being developed, built and operated by a consortium
led by Mainstream Renewable Power in South Africa. The projects, which are
being developed at two separate sites in the Northern Cape of South Africa,
will be designed and constructed by Siemens and will be operational by
mid-2014.

David King, Suntech's CEO, said, "We are excited to be partnering with
Mainstream Renewable Power, one of the world's leading developers of renewable
energy projects, and Siemens, which is renowned for its engineering and
implementation expertise. These landmark projects will showcase the ability of
solar to provide clean and sustainable energy to South African communities."

The projects will use Suntech's V series modules, which are well-suited for
utility-scale power plant installations. The solar systems are expected to
generate 180 gigawatt-hours of electricity, enough to power approximately
15,000 households and displace approximately 180,000 tons of carbon emissions
per year.

Eddie O'Connor, Chief Executive of Mainstream Renewable Power, said,
"Suntech's proven track record of powering utility-scale power plants,
reliable technology and their global support network were central to our
decision to partner with them. With quality components and engineering, we are
confident these projects will demonstrate the capabilities of solar energy in
South Africa and set the foundation for a sustainable future."

O'Connor added, "I first visited Suntech's manufacturing facility in Wuxi in
early 2010 and the quality of technology focus and ability to maintain a high
level power output throughout the project lifecycle were key considerations in
our technology choice."

"We are all proud to participate in the South African government's first round
of tenders and be awarded as suppliers for these two photovoltaic plants. The
combination of Suntech's technology and Siemens' execution strength as well as
our strong local team set-up will form a perfect partnership that will set the
highest standard for our partner Mainstream Renewable Power Ltd. These
projects are opening the door to one of the most interesting emerging
renewable energy markets," stated Ted Scheidegger, CEO of Siemens Solar &
Hydro Division.

The 100MW solar plants are among the first projects to be granted licenses
under South Africa's first Renewable Energy Independent Power Producer
Programme (REIPPP). The programme targets the installation of 1.45GW of
photovoltaic solar plants by the end of 2014 and 8.2GW by 2030.

Dr. Zhengrong Shi, Suntech's Founder and Executive Chairman, said, "With rapid
cost declines over the past decade, solar is not only environmentally
friendly, but also cost competitive with many other forms of energy
generation. We are confident that South Africa's clear renewable energy policy
will provide a blueprint for other countries in the region. We enjoy a strong
relationship with Dr. O'Connor and the team at Mainstream and these projects
are a very important milestone in our relationship."

To learn more aboutSuntech's efforts in driving global solar industry growth,
please visit theSuntech Connect blog, like us on Facebook, or follow us on
Twitter@Suntech_Connectfor regular updates.

About Suntech

Suntech Power Holdings Co., Ltd. (NYSE: STP) produces 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 25,000,000
photovoltaic panels to over a thousand customers in more than 80 countries.
Suntech's pioneering R&D creates customer-centric innovations that are
designed to drive 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 include the operational date of the projects, amount of electricity
generated and the amount of CO2 or the number of households powered by the
project. 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.

Contacts

For Suntech:
Ryan Scott Ulrich
Senior Communication Supervisor
ryan.ulrich@suntech-power.com
+86 510 8531 8654

SOURCE Suntech Power Holdings Co., Ltd.

Website: http://www.suntech-power.com
Website: http://blog.suntech-power.com
Website: https://www.facebook.com/suntechpower
Website: https://twitter.com/suntech_connect
 
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