Suntech Powers Largest Solar PV System in Saudi Arabia
Solar system enables world's largest energy research center to achieve LEED
WUXI, China, Jan. 31, 2013
WUXI, China, Jan. 31, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd.
(NYSE: STP), one of the world's largest solar companies, announced the
completion of the largest ground mounted PV system in the Kingdom of Saudi
Arabia. The 3.5 megawatt (MW) system is owned by Saudi Aramco and installed on
the grounds of the King Abdullah Petroleum Studies and Research Center
(KAPSARC), the world's largest energy research center, in Riyadh, Saudi
Klaus Friedl, Vice President Projects and Head Middle East of Phoenix Solar,
said, "We are pleased to complete this historic project which will provide
clean, renewable energy for KAPSARC as well as for the Saudi grid. We chose
Suntech's panels because of their proven durability and performance in
high-temperature, desert conditions."
Utilizing Suntech's premium solar panels, Phoenix Solar designed and built the
3.5MW system, which will enable KAPSARC to achieve LEED platinum
certification. The ground mounted solar field is comprised of 12,684 Suntech
panels and covers an area of 55,000 square meters. The grid connected system
is designed to supply 5,800 megawatt hours of electricity per year and offset
roughly 4,900 tons of carbon dioxide (CO2) emissions per year.
Ron Shen, Suntech's Vice President of the Asia Pacific, Middle East and
Africa, said, "This project represents an important milestone in the
development of the solar industry in the Kingdom of Saudi Arabia. We are
pleased to work with our partners Phoenix Solar and Saudi Aramco and look
forward to continuing to support the ongoing growth of solar in the Middle
To learn more about Suntech's projects in the Middle East, please visit the
Suntech Connect blog, like us on Facebook, or follow us on Twitter
@Suntech_Connect for regular updates.
The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an
independent non-profit institution that focuses on research in energy
economics, policy, technology, and the environment. Its research areas include
global energy markets and economics, energy efficiency and productivity,
energy and environmental technologies, and carbon management.
About Phoenix Solar
Founded in 1999, Phoenix Solar is a global leader in designing, building and
operating large commercial and utility-scale solar power plants. Phoenix
Solar's technology-neutral approach enables them to objectively provide the
best solar solutions for their customers. Their people provide expertise at
every level, from project finance all the way through to plant operations.
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 our people and products
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 Suntech's ability to support the ongoing development of the solar
industry in the Middle East, KAPSARC's ability to achieve LEED platinum
certification and the ability of Suntech's panels to generate 5,800 megawatt
hours of electricity per year and offset roughly 4,900 tons of carbon dioxide
(CO2) emissions per year. 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.
Ryan Scott Ulrich
Senior Communications Supervisor
Tel: +86 510 8534 8654
SOURCE Suntech Power Holdings Co., Ltd.
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