Suntech Nominated for Top 200 Jiangsu Private Enterprises

On Sep 21, Suntech was nominated for 2020 Top 200 Jiangsu Private Enterprises published by Jiangsu Federation of Industry and Commerce. The continuing growth performance and outstanding technology in clean energy sector enable Suntech to rank 146th in the chart and 96th in Top 100 Private Manufacturing Enterprises.

There are 878 enterprises with business revenue over 500 million CNY, who have participated in this designated-size private enterprise survey. It is reported that the threshold of the Top 200 chart was 4.279 billion CNY, with a steady performance in overall economic benefit, while the Top 100 Private Manufacturing Enterprises need to make at least 7.034 billion CNY, an increase of 1.261 billion CNY compared with that of last year.

Suntech has long been devoted to R&D and production of solar cell and module for two decades as a renowned high-performance PV producer. Over the past years, Suntech maintains momentum through pragmatic operation. In 2019, Suntech business revenue reached 1.115 billion US Dollars. With the global clout, Suntech increase shipment volume and scale new height year by year. As of the first half of 2020, Suntech has shipped over 23GW capacity to more than 100 countries in the world, ranked Top 10 PV exporter.

The steady growth of shipment lays a solid foundation of capacity expansion. In August, Suntech high efficiency components manufacturing bases in Wuxi and Changzhou are put into operation successively, the capacities of which reach 1.5GW and 3.5GW. In parallel, Indonesian 500MW high efficiency PV cell and module integration project was announced and put into operation in September. Up to now, Suntech has owned 10GW module capacity around the world. The enlarged capacity will better serve the global PV market with high-quality and high-reliability modules.

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