Tuesday, July 21, 2009

Suntech Chairman and CEO Dr. Zhengrong Shi Receives World Technology Network Award for Energy

NEW YORK and WUXI, China, July 21 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest crystalline silicon photovoltaic (PV) module manufacturer, today announced that its Chairman and Chief Executive Officer, Dr. Zhengrong Shi, has received the 2009 World Technology Award for Energy for his innovative work to develop solar technology and promote the adoption of solar energy.

The award was presented by the World Technology Network (WTN) at The World Technology Summit and Awards gala held on July 16, 2009 in New York City. The WTN brings thought leaders from more than 60 countries together to examine the likely implications and possible applications of emerging technologies of all types including new energy sources.

James P. Clark, Chairman of the WTN, said, "We are pleased to present this year's WTN Award for Energy to Dr. Zhengrong Shi of Suntech for his outstanding achievements in the field of photovoltaics and leadership in the world's quest for energy sustainability. We believe that his work both as a scientist and an entrepreneur will produce long-lasting environmental benefits for generations to come."

Dr. Shi remarked, "I am very pleased to receive this prestigious distinction from the World Technology Network. It has been a privilege to contribute to the transition of solar technology from the lab to commercial reality. Governments worldwide increasingly realize the importance of investing in solar energy, and with further evolution of solar technology we have no doubt that it will become a critical element of global energy generation."

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