Suntech : About

History and Milestones

Feb 2008	Suntech invests $20 million in Hoku Scientific to strengthen partnership and support Hoku's polysilicon plant development
Feb 2008	Suntech opens sales offices in Germany and Spain to improve local customer service and forge stronger customer relationships
Feb 2008	Suntech opens sales office in South Korea - one of the key drivers for solar demand in Asia
Jan 2008	Akeena Solar licenses new solar panel technology to Suntech to distribute in Europe, Japan and Australia
Dec 2007	Suntech receives Export Inspection Exemption from China's National Quality Administration ?the only Chinese solar company to have received this national honor
Nov 2007	Suntech enters into short and long term agreements with a major Korean conglomerate to purchase silicon wafers
Nov 2007	Suntech announces first phase polysilicon supply agreement with Nitol Solar Ltd. to purchase polysilicon over a seven-year period beginning in 2009
Oct 2007	Suntech enters into polysilicon supply contract with Asia Silicon Co., Ltd. to purchase high purity polysilicon with a total value of up to $ 1.5 billion over a seven-year period
Oct 2007	Suntech opens U.S. headquarters in San Francisco to build customer service capabilities and accelerate business initiatives
Oct 2007	Suntech signs four year, 510MW wafer supply agreement with Renesola
Sep 2007	Suntech America and Lumeta sign letter of intent to manufacture Lumeta's line of roof integrated photovoltaic products
Sep 2007	Suntech introduces all black solar module for the U.S. residential solar market
Sep 2007	Suntech signs letter of intent to manufacture Akeena Solar's Andalay solar panels
Jun 2007	Hoku and Suntech sign $678 million polysilicon supply contract over a ten-year period beginning in mid-2009
May 2007	Open Energy and Suntech America sign letter of intent to manufacture and jointly market BIPV products in North America
May 2007	Construction begins on a 50MW thin film R&D and manufacturing facility in Shanghai, China with expected operation in 2008
Mar 2007	Annualized production capacity reaches 360MW
Jan 2007	Suntech announces establishment of Suntech Europe to expand customer base and solar markets in Europe, the Middle-East and Africa
Dec 2006	Suntech's production capacity expands to 300MW, and is ranked the No. 3 silicon cell manufacturer worldwide.
Oct 2006	Suntech Shenzhen factory was opened
Aug 2006	Suntech America Inc. was founded. Suntech Shanghai Branch was founded.
Aug 2006	Suntech announced agreement to acquire MSK Corporation, a leading PV module manufacturer and Building-Integrated PV company in Japan.
Jul 2006	Suntech signed a 10-year material contract with MEMC worth $6 billion USD. This important contract ensures Suntech's material supply for the next 10 years.
Apr 2006	Suntech won the contract to be the sole solar power supplier for the famous Bird Nest Stadium, which will host the 2008 Olympic games in Beijing.
Dec 2005	Suntech's production capacity reached 150MW, ranked 8th in the world
Dec 2005	The first plant of 30MW solar cell base started to build in Luoyang; this was the start of Suntech's global strategy.
Dec 2005	Suntech's IPO on the New York Stock Exchange was the turning point for Suntech's global strategy and the development of the Chinese PV industry.
Sep 2005	Suntech's 120MW solar cell base put into production, China's first mega-watt scale production facility.
Aug 2004	Suntech's 25MW cell line was put into operation, bringing Suntech's total capacity to 50MW to become one of the largest silicon cell manufacturers in the world.
Dec 2003	Suntech's 15MW solar cell line is put into production. Suntech's 2nd production line was China's first crystalline silicon cell production line.
Sep 2002	Suntech's 10MW line was put into operation. The officers from the ministry of Science and Technology and industrial association attended the opening ceremony. Professor Martin Green, the chief scientist of international solar cell field and a Nobelist, attended the ceremony.
Sep 2001	Suntech Power Co. Ltd was founded.