Suntech and SunSystem Announce 25MW Sales Agreement in Romania

        Suntech and SunSystem Announce 25MW Sales Agreement in Romania

PR Newswire

WUXI, China, Dec. 13, 2012

WUXI, China, Dec.13, 2012 /PRNewswire/ -- Suntech Power Holdings Co., Ltd.
(NYSE: STP), one of the world's largest producers of solar panels, and
SunSystem S.p.A., a leading Italian solar engineering, procurement and
construction (EPC) company, have signed a contract for Suntech to supply 25
megawatts (MW) of polycrystalline solar panels. The Suntech solar panels will
power two new photovoltaic projects under construction in Romania that will be
grid connected by the end of 2013.

"We are pleased to collaborate with SunSystem, a leading EPC company in Italy
and Romania. Suntech's collaboration with SunSystem marries global expertise
with best practices to deliver reliable and cost-effective solar to Romanian
communities," said Vincenzo Quintani, South-East Europe Sales Director,
Suntech. "This project, along with our recent contract with EDP Renovaveis,
underscores the viability of our growth strategy in Eastern Europe."

Davide Scarantino, Managing Director of SunSystem, said, "Our entrance in
Romania is part of our strategy to diversify the markets we operate in, and
capitalize on our experience and technical knowledge in developing burgeoning
solar markets in Europe."

The two power plants will utilize Suntech's 60-cell polycrystalline modules,
STP 245-20/Wd, with a improved frame design and more than 15% efficiency,
ideally suited for large-scale commercial projects and rooftop installations.
The power plants will use Aros Sirio K500 HV-MT inverters made by Italian
manufacturer Aros Technology Srl. The installed Suntech solar panels will
generate an estimated 30,000 MW-hours of electricity per year.

The power plants will be operated by SunSystem and developed by RoEnergy, a
SunSystem company in Romania. Since its inception, SunSystem has installed
more than 2,000 solar systems, of which 700 were installed in 2012.

To learn more about Suntech's efforts in driving global solar industry growth,
please visit the Suntech Connect blog, like us on Facebook or follow us on
Twitter @Suntech_Connect for 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
including the two photovoltaic plants being grid connected by end of 2013; STP
245-20/W's efficiency and it being ideally suited for large-scale projects and
rooftop installations; and the project underscoring Suntech's growth strategy
in Eastern Europe. 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.

Media inquiries, please contact:

Shashin Surti
Weber Shandwick for Suntech
Tel: +86 21 2411 0046
Email: Suntech@webershandwick.com

SOURCE Suntech Power Holdings Co., Ltd.

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