Suntech and solarhybrid Announce Strategic Partnership

Suntech Power Holdings STP and solarhybrid AG announced a strategic partnership for the supply of up to 190MW of solar panels to solarhybrid in 2011. Under the terms outlined in the agreement, Suntech will become solarhybrid's key partner and will supply solar panels for the majority of solarhybrid's German project pipeline in 2011. Five solar power plants, which solarhybrid is developing in Germany, will be equipped with 172MW of Suntech solar panels. Two additional projects that solarhybrid is currently developing in Italy (10MW) and Slovakia (6MW) will also be powered by Suntech solar panels.