CEO Eric Luo to Address Shanghai Industry Leaders on Suntech’s innovative “One-stop shop” Model

Posted on 2014-05-19
Shanghai, China, May 19, 2014 – Eric Luo, CEO of Wuxi Suntech, recently acquired by Shunfeng Photovoltaic International Ltd., today will address a select audience of solar industry leaders, showcasing the company’s innovative new role as a turnkey solution provider for the entire solar value chain, which is a concept as yet unseen in the solar industry.


Luo will be appearing as a guest speaker at the Solar Business Leaders Lunch, co-organized by IPVEA (The International PV Equipment Association), Solar Business Dinners Club, SNEIA (Shanghai New Energy Industry Association) and APVIA (Asian PV Industry Association). The event is the day before SNEC PV Power Expo 2014 opens in Shanghai.


“Suntech is in position to offer clients any service that they may need,” Luo said. “We provide one-stop access to the entire Shunfeng family of companies, with capabilities in design, engineering, manufacturing, construction, finance, insurance, operation and maintenance, energy storage, solar products and applications.”


Luo explained that Suntech is now well-placed to enact this vision. “Following our recent acquisition by Shunfeng, Wuxi Suntech now has the strongest financial footing in the solar industry. With nearly zero debt, we’re able to keep costs low, enabling us to focus on serving our customers and investing in the growth of the business. This year we expect sales to exceed 2.5GW, marking a record high for the company.”


Luo noted that the theme of SNEC’s 8th International Photovoltaic Power Generation Conference, “Develop New Energy, Benefit All Mankind,” closely matches Suntech’s commitment to provide, homes, communities and businesses with affordable, dependable solar electricity, backed by a culture of R&D and innovation. Suntech will be showcasing its broad portfolio of solutions, including its three newest products, at the conference. All of the company’s products come with a 10-year warranty. The company recently announced it would continue to honor its product warranties, for which it has set aside reserve funds to cover 100% of its past and future warranty obligations.


Suntech will be onsite at SNEC PV Power Expo at booth # W5-510. For further information on Suntech or to coordinate an interview with a Suntech executive at SNEC PV Power Expo, please contact: Vera Wu or +852.5664.3018.
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