North Coast Solar Stocks

May 18, 2009

Suntech Brings Solar to Switzerland with Sunergic

Filed under: STP — Tags: , , — Jason @ 9:23 am

1MW PV Solar System Largest in Switzerland

Monday May 18, 2009, 9:23 am EDT

SCHAFFHAUSEN, Switzerland and WUXI, China, May 18 /PRNewswire-Asia/ — Suntech Power Holdings Co., Ltd. (STP), the world’s largest manufacturer of crystalline silicon photovoltaic (PV) modules, announced today that it will supply Sunergic SA, one of Switzerland’s leading solar system integrators, with the solar panels for a 1MW solar system for Services Industriels de Geneve (SIG), a Swiss utility. The SIG 1MW solar project is one of the largest in Switzerland to date.

“Switzerland has demonstrated a clear commitment to pursuing sustainable energy solutions and we are pleased to partner with Sunergic to bring solar into the mix,” said Jerry Stokes, Suntech’s VP of Strategy and Business Development. “With Suntech’s European headquarters located in Schaffhausen, we are in the process of uncovering the potential for more solar projects in Switzerland and other new markets across Europe.”

C. Hennard, Sunergic’s Chairman, said, “Sunergic is delighted to have won the tender for the SIG solar project despite strong competition. We believe that the quality and credibility of the Suntech brand made the difference. With this result, we are well positioned to become a leader in the Swiss solar market, and look forward to working with Suntech on future projects.”

About SUNERGIC SA:

Sunergic SA is a limited company registered in Vevey/Switzerland under Swiss law, created by private investors coming from various fields. The company’s mission is to supply products and services related to renewable energies and sustainable development, with a focus on PV and electrical mobility.

Through its partnership with Suntech and large Swiss electricity suppliers, Sunergic targets to become the leading PV distributor and integrator in Switzerland. Sunergic is also developing services related to electric mobility, EVs and fuel cells fuelled by PV systems. For more information, please visit http://www.sunergic.com.

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