Suntech to supply world's largest solar power plant

Suntech Power Holdings Co., Ltd. (NYSE: STP), a leading manufacturer of photovoltaic (PV) cells and modules, is going to be supplying Atersa, a subsidiary of Elecnor Group, one of Spain's leading project planning and integrated management and infrastructure development companies.

In one of its largest single projects to date, Suntech is to supply solar modules with an aggregate output of 23.2MW to Atersa for installation in the Photovoltaic Grid Connection Park in the Extremadura region of Spain. It's expected that the modules will be delivered within the first half of 2007.

"With Spain's recently enacted feed-in-tariffs and a climate favorable to solar energy production we expect that Spanish demand for solar products will grow rapidly in coming years," said Dr. Zhengrong Shi, Suntech's Chairman and CEO.

"After a careful evaluation of potential partners and suppliers for this landmark Photovoltaic Grid Connection Park, we chose Suntech as we were highly satisfied with the value and quality of their product,'' said Mr. Virgilio Navarro, Atersa's CEO.

The Photovoltaic Park will cover an area of 65 hectares and have more than 120,000 solar modules. When completed, it is to be the largest such power plant in the world, generating over three times more energy than the next largest installation.

Suntech's sales in Spain already represent nearly 12% of the company's total revenue in the third quarter of 2006.

The Elecnor Group is one of Spain's leading companies in the field of project planning and integrated management and infrastructure development, operating in the areas of energy, electricity, installations, gas, telecommunications, railways, the environment, water, operation and maintenance and construction. The Elecnor Group currently has a presence in over 30 countries, with its main markets lying in Central America, South America, French- and Portuguese-speaking Africa and the Middle and Far East.

For more information:

www.suntech-power.com