BIG SUN DEAL

Suntech and Standard Solar Reach 5 Megawatt Solar Panel Supply Agreement; Agreement strengthens both companies' ability to respond to President Obama's call to 'harness the sun'
January 27, 2009 (PR Newswire)

“Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's leading manufacturer of photovoltaic (PV) modules, and Standard Solar, Inc. are looking forward to powering cleaner energy solutions throughout the Mid-Atlantic U.S. under a new agreement by which Suntech will supply up to 5 megawatts of photovoltaic solar panels to the Maryland-based solar developer and installer during 2009…”

1 megawatt solar facade, Suntech headquarters, Wuxi, China (click to enlarge)

“Standard Solar looks forward to deploying Suntech's high-quality panels in solar solutions that deliver cost-effective power. Recently, Standard Solar helped Kelly & Sons Electrical Construction source its electricity supply through a power purchase agreement with Washington Gas Energy Services…

“Suntech recently achieved 1 gigawatt of global solar panel production capacity. In doing so, it completed an 18,000 square meter, 1 megawatt solar facade -- the world's largest to date -- at its new world headquarters in Wuxi, China…”