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Suntech Panels Continue to Shine: Receives Another Best in Class Rating from OST Energy

OST Energy releases an independent technical review on Wuxi Suntech's products and manufacturing

WUXI, China, Aug. 11, 2014 /PRNewswire/ -- The quality of Wuxi Suntech's polycrystalline silicon modules rank above industry standards according to OST Energy's independent technical review of the company. OST Energy also provided independent validation that Wuxi Suntech's production facilities are in line with international (IFC and World Bank) lender requirements for a primary supply chain.

Wuxi Suntech Power Co Ltd. Headquarters

"OST Energy is a well-respected independent engineering consultancy in the UK market and we are excited to see their positive review of the quality of our products and manufacturing facilities," said Suntech CEO Eric Luo. "These results further validate our commitment to our customers to provide modules of the highest quality and reliability in mass production and design."

This review is the latest in third-party verification of the quality of Suntech products. Most recently, Suntech products received the VDE Quality-Tested certification, attesting that Suntech modules exceed existing industry standards. Suntech is only the third brand globally to receive this ranking.

Recently acquired by Hong Kong-based Shunfeng Photovoltaics Ltd., Suntech now has the strongest financial footing in the solar industry with nearly zero debt allowing the company to invest in growing the business through partnerships and expansion of its sales, marketing and services teams. Suntech will provide one-stop access to the Shunfeng family of companies including capabilities in design, engineering, manufacturing, construction, finance, insurance, operation and maintenance, energy storage, solar products and applications.

"With the backing of Shunfeng, we are in an even better financial position to continue to provide our customers with the highest quality products," said Luo. "We value the relationship we have with our customers. More than 30 million Suntech panels can be found in more than 80 countries, all of which will continue to enjoy the warranties documented in Suntech's original sales agreement. That's a commitment we publicly made shortly after our restructuring."

About Wuxi Suntech Power Co., Ltd.

Wuxi Suntech Power Co., Ltd., a company incorporated in the PRC in January 2001, produces industry-leading solar products for residential, commercial, industrial, and utility applications. 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 reliable access to nature's cleanest and most abundant energy source.

Photo - http://photos.prnewswire.com/prnh/20140808/134707

SOURCE Wuxi Suntech Power Co., Ltd.

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