Suntech Power

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest manufacturer of crystalline silicon solar panels, today announced financial results for its second fiscal quarter ended June 30, 2010.

Second Quarter 2010 Highlights

Suntech Power Holdings Co., Ltd., the world's largest producer of crystalline silicon solar panels, has advanced its global management team through the promotion of six senior-level executives, including three corporate executives and three regional presidents.

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, today announced preliminary financial results for the second quarter ended June 30, 2010, including the impact of restructuring the Company's Shanghai manufacturing facility and impairment charges related to its investment in Shunda Holdings Co., Ltd., a manufacturer of polysilicon and silicon wafers.

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's leading producer of crystalline silicon solar panels, has been selected to supply 34.5MW of solar panels for the first phase of the largest solar power plant in Thailand and Southeast Asia. Owned and operated by Bangchak Petroleum Public Co., Ltd., and integrated by Solartron Public Co., Ltd., the planned 44MW (38MW AC output capacity) solar power plant will be located just outside of Bangkok and generate decades of renewable energy for the booming metropolis and surrounding areas.

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, has signed agreements to supply Azure Power, India's leading independent solar power producer, with several megawatts of solar panels to develop utility-scale solar projects across several states in India.

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, today announced that Ms. Amy Yi Zhang will assume a new role as Vice President in charge of Suntech's strategic project finance initiatives. Ms. Zhang has served as Suntech's Chief Financial Officer since August 2005 and a director since 2007.

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, today opened a representative office in Montbonnot (Isere), France, to better serve its local partners throughout the region's growing solar industry. Since Suntech established its presence in France in 2008, the French solar market has become one of Suntech's top three markets in Europe.

Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's leading producers of solar panels, today launched the Low Carbon Concept Museum at Suntech Headquarters. Al Gore, Chairman of the Alliance for Climate Protection, former Vice President of the United States, and a world-renowned environmental advocate, was on hand to commemorate the event.

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, recently delivered its 10,000,000th solar panel since inception. Altogether, Suntech has shipped over 2.2GW of solar products to more than 1,400 customers in more than eighty countries around the world.

All of the core products offered by Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon solar panels, were recently certified by the German Institute for Standardization (DIN) to maintain high performance when exposed to ammonia.

The DIN 50916 standard is most relevant for consumers who frequently deal with livestock and fertilizers that emit ammonia. For example, this certification will provide farmers with confidence to install Suntech solar panels on top of greenhouses, barns, and/or warehouses.