• Suntech to Upgrade Panel Production to VDE Certified Four Busbar Modul... 2015-05-25 Wuxi, China, April 15, 2015/Press Release/: Wuxi Suntech announced today that the company will upgrade all of its solar panel production to its four busbar modules. The modules will replace the photovoltaic producer’s three busbar module. The four bu...
  • Suntech’s Modules Receive Additional Quality Ranking from the VDE Inst... 2015-05-15 Wuxi, China, March 31, 2015/Press Release/: Today, Suntech announced that its modules received the VDE certification of the enhanced hail test, demonstrating the high quality and durability of Suntech’s modules in extreme weather conditions compared ...
  • Suntech Opens Warehouse in Cape Town 2015-03-23 Cape Town, South Africa, March 23, 2015/Press Release/: Wuxi Suntech Power Co., Ltd. has officially announced the establishment of a local warehouse in Cape Town, South Africa. This new facility will initially store 500kW of modules and will expand i...
  • Letter from the President of Wuxi Suntech 2015-03-02 Tuesday, February 17, 2015Dear valued customers, partners and friends,Following a strong end for 2014, I am excited and proud to announce that Suntech has been re-added to the Tier 1 solar company list on Bloomberg New Energy Finance’s PV Market Outl...

Suntech to Develop 20% of Approved Systems for China's Solar Rooftop Program

Posted on 2009-11-13
WUXI, China, Nov. 13 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's leading manufacturer of crystalline silicon photovoltaic (PV) modules, today announced that it expects to develop approximately 20% of the 91MW of solar projects that were approved under China's Solar Rooftop Program.China's Solar Rooftop Program, which was launched in March this year by the Ministry of Finance, is designed to increase the energy efficiency of buildings through the installation of building-attached and building- integrated PV solar systems. The first set of applications was submitted in April, and recently 111 solar projects totaling 91MW across China were approved to receive funds through the program. The system owners are expected to receive a 13-17RMB per watt rebate for all projects approved through the program. Suntech targets to develop approximately 20% of the successful applications and will also participate as the system owner or partial investor in some projects. Suntech has completed 4MW of its approved projects and plans to develop the remainder by mid-2010. Specific project agreements will be signed prior to implementation."Building energy use accounts for roughly 28% of total energy consumption in China and is a critical front in the drive to achieve higher energy efficiency and reduce carbon emissions," said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "The Ministry of Finance Solar Building Program recognizes the huge opportunity to offset building energy consumption with integrated solar energy generation. We are very pleased to demonstrate the capability of this technology and we hope to see this valuable solar program expanded in 2010 and beyond."The Solar Rooftop Program places particular emphasis on technologically advanced, building-integrated solar systems. Suntech has one of the industry's broadest portfolios of BIPV products and a highly experienced system design and integration team that can implement complex turnkey solar projects. Suntech's new Green Energy Headquarters in Wuxi that incorporates a 1MW BIPV solar facade and rooftop system was designed and constructed by Suntech's in- house team and is one of the projects approved to receive the rebate."Solar is an ideal solution to improve energy efficiency as it can be built into the skin of a building and serves the dual function of a building material and an energy generating system. We should view the countless rooftops across China as an underutilized resource that can easily support clean, distributed energy generation," added Dr. Shi.
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