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» 03-Jun-2008
» CORPORATE NEWS

Suntech Power awards 75-million contract to HUBER+SUHNER

Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, has chosen HUBER+SUHNER as its partner for supplying connectivity systems. Over the next two to three years, the Swiss company HUBER+SUHNER, which specialises in electrical and optical connectivity solutions, will supply specific junction boxes, cables and connectors to Suntech. The total contract is worth CHF 75 million.

The connectivity systems consist of a junction box which has been specially designed for Suntech and is attached to the rear of the modules plus cables and connectors. Over the coming years, HUBER+SUHNER will manufacture connectivity systems for Suntech worth CHF 75 million, which translates into about 10,000 units per day. The first production line has already gone into service in Pfäffikon, Switzerland. Later on, most of the products will be manufactured locally near the customer’s site. For this purpose, additional production lines are currently being installed in HUBER+SUHNER’s factory in Shanghai.

Commitment to Quality

With its tried and trusted RADOX® solar cables, connectors, and junction boxes, which are designed to withstand also adverse environmental conditions and which ensure reliable service throughout the life cycle of an installation, HUBER+SUHNER is in a position to satisfy the most rigorous quality criteria.
Dr. Zhengrong Shi, chairman and CEO of Suntech Power, states: “The solar industry is truly a global industry and this is reflected by the global sources of equipment and materials that are employed in Suntech’s production enabling us to deliver premium quality solar products. HUBER+SUHNER’s connectivity systems match our complete commitment to quality and we are delighted to incorporate these into our modules.”
Urs Kaufmann, CEO of HUBER+SUHNER, comments: “Following our sharp growth over the past two years, this large contract from Suntech marks another important milestone on the way to make the solar market an important pillar of our business.”

Contact HUBER+SUHNER
Dr. Bernd Niedermann, Head of Corporate Communications,
Phone +41 (0)44 952 25 60, E-mail: bernd.niedermann@hubersuhner.com

Contact Suntech Power
Rory Macpherson, Investor Relations Manager,
Phone +86 510 8531 8922, E-mail: rory@suntech-power.com

Suntech Power Holdings Co., Ltd.
Suntech Power Holdings Co., Ltd. is a world leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of building integrated photovoltaic (BIPV) products under the MSK Solar Design LineTM.  Suntech has sales offices worldwide and is a market share leader in key global solar markets. For more information, please visit www.suntech-power.com

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