Suntech Recognized for Bold Global Environment Contributions

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline silicon photovoltaic modules, received the 2009 FT ArcelorMittal Boldness in Business Environment Award last night in London.

"We are honored and pleased to receive the Boldness in Business Environment Award," Dr. Zhengrong Shi, Suntech's Chairman and CEO, remarked in an acceptance speech. "When we began in 2001, we set ourselves the mission to transform the world energy market from its environmentally destructive state to one that facilitates sustainable development. Suntech wants to power a world where everyone has direct and dependable access to nature's cleanest and most abundant energy resource."

Other nominees for the 2009 Environment Award included Better Place, BMW, Dong Energy, and Nissan. The 2008 Environment Award went to Masdar, the world's first carbon-neutral zero waste city. Suntech provided 5MW of solar panels for Masdar City's first power plant.

Sponsored by the Financial Times and ArcelorMittal, the annual Boldness in Business Awards recognize innovative and dynamic companies and entrepreneurs who show leadership in six categories: Drivers of Change, Corporate Responsibility, Entrepreneurship, Newcomer, Emerging Markets, and Environment. Inspiration for the Boldness in Business Awards, according to the organizers, was well-summarized by the celebrated German writer and philosopher Goethe, "Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it."

About Suntech Power

Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world's leading solar energy company as measured by production output of crystalline silicon solar modules. Suntech designs, develops, manufactures, and markets premium quality, high-output, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers an extensive range of customer-centric innovations, including its patent-pending Pluto technology for crystalline silicon solar cells, which improves power output by up to 12% compared to conventional production methods, its Reliathon(TM) module and platform, the industry's first fully integrated utility-scale solar platform, and its broad range of building-integrated solar products.

Suntech designs and delivers residential, commercial and utility-scale solar power systems in China and the United States. With regional headquarters in China, Switzerland and San Francisco and sales offices worldwide, Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development.

Source: Suntech Power