Suntech CEO Establishes China Solar Photovoltaic Suntech Prize

Suntech Power Holdings Co., Ltd.(NYSE: STP), one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, announced today that Dr. Zhengrong Shi, Suntech’s Chairman and CEO, hasestablished the China Solar Photovoltaic Suntech Prize to honor engineers, scientists, entrepreneurs and government officials who have made substantial contributions to the development of China’s PV industry.

“It is a personal honor to establish this prize that will recognize some of the important contributors to the photovoltaic field in China and their achievements,” remarked Dr. Zhengrong Shi. “Solar power is a clean, renewable energy source and I hope this prize will help to promote its adoption throughout China.”

Recipients of the China Solar Photovoltaic Suntech Prize will be announced every year at the Chinese Solar Photovoltaic Conference and Exhibition. Dr. Shi awarded the first China Solar Photovoltaic Suntech Prizes to five Chinese PV experts at the opening ceremony of the 9th Chinese Solar Photovoltaic Conference and Exhibition on November 3, 2006. About Suntech

Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech’s majority-owned subsidiary, MSK Corporation is one of Japan’s largest PV manufacturers and one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech’s customers are located in various markets worldwide, including key markets throughout Europe, Japan, China and the United States. For more information, please visit http://www.suntech-power.com.