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Suntech Chairman and CEO Dr. Shi Honored at Asia Society’s Climate Heroes Event in New York

November 13, 2008

SAN FRANCISCO and WUXI, China, Nov. 13 /Xinhua-PRNewswire/ — Suntech Power Holdings Co., Ltd. , one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, today announced that Dr. Zhengrong Shi, Suntech’s Chairman and CEO, has been honored as one of three Climate Heroes by the Asia Society in recognition of his contribution to green innovation and sustainable development in Asia and the United States. The award was presented to Dr. Shi at a dinner in New York on November 11.

“Dr. Shi has played a leadership role in driving global solutions to climate change through the development of one of the world’s largest solar companies,” said Dr. Vishakha N. Desai, President and CEO of Asia Society. “His efforts to drive innovation and promote greater adoption of solar energy technologies will continue to have a significant impact on energy production and we are very pleased to honor his ground-breaking achievements.”

The Asia Society is a leading global organization working to strengthen relationships and promote understanding among the people, leaders, and institutions of Asia and the United States. The Green Annual Dinner was held to honor successful leaders and companies who have had a substantial, positive impact on the peoples of both Asia and the United States through “green” innovation and responsibility. Mr. Alain Belda, Director and Chairman of the Board of Alcoa, and Dr. R. K. Pachauri, Chair of the Nobel Peace Prize-winning Intergovernmental Panel on Climate Change (IPCC), were also honored as Climate Heroes at the Asia Society’s Green Annual Dinner.

“It is a great honor to be recognized by the Asia Society. The recognition of the need to address issues such as climate change and sustainable development in Asia and the United States is critical to building a sustainable future for following generations,” said Dr. Shi. “It is encouraging to see growing support among government, NGOs and businesses for green initiatives and it is a trend that Suntech will work to accelerate. I have no doubt that solar will become an important part of the global energy mix and help to minimize climate change.”

About Suntech

Suntech Power Holdings Co., Ltd. is a world-leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high-quality, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of BIPV products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com/ .

About Asia Society

Asia Society is the leading global organization working to strengthen relationships and promote understanding among the people, leaders, and institutions of Asia and the United States. We seek to enhance dialogue, encourage creative expression, and generate new ideas across the fields of policy, business, education, arts, and culture. Founded in 1956, Asia Society is a nonpartisan, nonprofit educational institution with offices in Hong Kong, Houston, Korea, Los Angeles, Manila, Melbourne, Mumbai, New York, San Francisco, Seoul, Shanghai, and Washington, DC. More information please visit: http://www.asiasociety.org/

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 the belief that solar will become an important part of the global energy mix and help to minimize climate change. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. 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 further information about Suntech, please contact:    In China:    Rory Macpherson    Investor Relations Director    Suntech Power Holdings Co., Ltd.    Tel:   +86-21-6288-5574    Email: rory@suntech-power.com    In the United States:    Sanjay M. Hurry    Vice President    The Piacente Group, Inc.    Tel:   +1-212-481-2050    Email: suntech@tpg-ir.com  

Suntech Power Holdings Co., Ltd.

CONTACT: In China: Rory Macpherson, Investor Relations Director ofSuntech Power Holdings Co., Ltd., +86-21-6288-5574, or rory@suntech-power.com;In the United States: Sanjay M. Hurry, Vice President of The Piacente Group,Inc., +1-212-481-2050, or suntech@tpg-ir.com

Web Site: http://www.suntech-power.com/http://www.asiasociety.org/




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