Like Suntech's entire U.S. product portfolio, the new 300W Ve-Series product will not be subject to the recent U.S. import tariffs imposed on solar cells produced in China. As a global company, Suntech manufactures solar panels in three countries, including in Goodyear, Arizona, and procures equipment, materials and components through its global supply chains.
Available now, the new 300W Ve-Series module will be on display at Solar Power International (SPI) in Orlando, Florida, from September 10th to September 14th. Suntech will also showcase products for the Americas market, including modules that are compliant with the Buy American Act and Ontario feed-in tariff requirements. Please stop by and visit Suntech's Booth at SPI, #2030.
To learn more about Suntech's efforts in driving global solar industry growth, please visit the Suntech Connect blog, like us on Facebook, or follow us on Twitter @Suntech_Connect for regular updates.
About SuntechSuntech Power Holdings Co., Ltd. (NYSE: STP) produces industry-leading solar products for residential, commercial, industrial, and utility applications. With regional headquarters in China, Switzerland, and the United States, and gigawatt-scale manufacturing worldwide, Suntech has delivered more than 25,000,000 photovoltaic panels to over a thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. Suntech's mission is to provide everyone with reliable access to nature's cleanest and most abundant energy source. For more information about Suntech's people and products visit http://www.suntech-power.com Safe Harbor Statement This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements, including a pallet of the new Ve-Series modules having 19% more power than a pallet of older generation Vd-Series modules, and the lighter format allowing for more efficient module handing and installation, helping to reduce project labor costs. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Suntech's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Suntech does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.