Suntech Displays European Union AD-tariff Free Modules, Residential Energy Storage System (RESS) and Double Glass Module at Intersolar Europe 2013.
ID: 892351
Modules, Residential Energy Storage System (RESS) and Double Glass
Module at Intersolar Europe 2013. RESS will qualify for new PV
storage subsidy rates announced by the German government.
Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech Holdings"
or the "Company"), one of the world's largest solar power companies,
today announced that its European Union anti-dumping (AD) tariff free
modules, Residential Energy Storage System, and double glass module
will be on display at Intersolar 2013 in Munich, Germany.
Suntech will be able to provide an EU AD tariff-free version of
all its standard modules including Wd mono, Wd poly and Ve poly for
customers in the European market. The module's components will be
manufactured outside of Mainland China and will not be subject to the
trade tariffs announced by the European Union on June 5th.
Suntech's Residential Energy Storage System will qualify for the
recently announced subsidy for self-consumption PV systems with
storage in Germany. RESS has several modular power options available
for a peak capacity from 4.5kWh to 17.8kWh, includes a lithium
battery with an incentive policy compliant warranty and is available
in either alternating current (AC) or direct current (DC) main
circuit for on-the-grid or off-the-grid applications. RESS will also
feature a touch-screen interface for easy operation and an
intelligent control system that can be accessed remotely for
real-time monitoring.
Suntech's Head of Sales, Europe, Thilo Kinkel, said that "We are
very confident that we can supply our customers in Europe and across
the globe with excellent products regardless of tariffs. We also
continue to launch innovative solutions to meet our customers' needs
such as our Residential Energy Storage System which provides an
effective 24 hour power solution."
Suntech's new double glass module, the Wdj series, substantially
reduces potential induced degradation (PID) by eliminating the
negative voltage between the module's frame and cells. The Wdj series
is also rated for 1500V systems and can significantly reduce balance
of system costs (BOS) by decreasing the number of inverters necessary
in the solar installation.
Please visit Suntech's booth in hall A3, stand number 270 during
Intersolar in Munich, Germany from June 19th to 21st.
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) produces solar
products for residential, commercial, industrial, and utility
applications. With regional headquarters in China, Switzerland, and
the United States, and gigawatt-scale manufacturing worldwide,
Suntech has delivered more than 25,000,000 photovoltaic panels to
over a thousand customers in more than 80 countries. Suntech's
pioneering R&D creates customer-centric innovations that are designed
to drive solar to grid parity against fossil fuels. Suntech's mission
is to provide everyone with reliable access to nature's cleanest and
most abundant energy source.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and as
defined in the U.S. Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements, and includes
availability of products, RESS's ability to qualify for German
subsidies, actual output of the RESS system, actual performance of
Suntech's products, and the ability of the double glass module "Wdj
series" to reduce PID and reduce BOS costs. Further information
regarding these and other risks is included in Suntech's filings with
the U.S. Securities and Exchange Commission, including its annual
report on Form 20-F. Suntech does not undertake any obligation to
update any forward-looking statement as a result of new information,
future events or otherwise, except as required under applicable law.
For media enquiries, please contact:
Ryan Scott Ulrich
Public Relations and Investor Relations
Ph: +86 510 8531 8654
Email: ryan.ulrich@suntech-power.com
Unternehmensinformation / Kurzprofil:
Datum: 17.06.2013 - 15:36 Uhr
Sprache: Deutsch
News-ID 892351
Anzahl Zeichen: 4935
Kontakt-Informationen:
Stadt:
WUXI, China
Kategorie:
Wirtschaft (allg.)
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Die Pressemitteilung mit dem Titel:
"Suntech Displays European Union AD-tariff Free Modules, Residential Energy Storage System (RESS) and Double Glass Module at Intersolar Europe 2013."
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