Key Collaboration Seeks to Expand Solar
Energy Adoption
Wilmington, Del, February 1,
2012 - DuPont and Suntech Power Holdings Co., Ltd., the
world's largest producer of solar panels, have signed a strategic
agreement to help increase the supply of photovoltaic materials and
technologies for the growing global market for solar energy.
The agreement focuses on technology
advancements, supply chain optimization cost reduction initiatives,
and DuPont™ Tedlar® polyvinyl fluoride film supply. The
companies also are pursuing co-marketing opportunities.
The companies' goal is to achieve faster and
broader adoption of solar energy to reduce the world's dependence
on fossil fuels. They intend to achieve the goal by further
improving the technology for solar energy and helping reduce its
costs and building greater awareness of its benefits to
consumers.
"We're partnering with leading photovoltaic
component suppliers around the world as we continue to make solar
affordable for everyone, everywhere. With innovative companies like
DuPont, the United States is a major contributor to the global
photovoltaic supply chain and a net exporter of solar products to
China and global markets," said Eric Luo, senior vice president of global
supply chain, Suntech.
"Creating higher efficiency solar cells and
further extending the long life of solar modules is critical to
achieving affordable solar power, and we've worked closely and very
successfully with DuPont in this regard. We're taking our
collaboration to the next level with this agreement."
In November 2011, Suntech recognized DuPont with its annual
Supplier Excellence Award for providing superior supply and
technical service, product innovation and collaboration.
DuPont supplies DuPont™ Solamet® photovoltaic metallization
pastes to help enhance the efficiency of solar cells made
by Suntech, as well as DuPont™ Tedlar® polyvinyl fluoride
film used in protective backsheets for Suntech solar
modules.
These materials are part of DuPont's broad and growing portfolio
of products that improve the efficiency and lifetime of solar cells
and modules, and help reduce overall system costs to make solar
more competitive with traditional sources of energy.
"DuPont and Suntech have the highest standards
for product quality, and sustainability is an important value for
each of us. With these shared values, we look forward to bringing
our offerings to more consumers as the global industry continues to
grow," said David B. Miller, president, DuPont Electronics
& Technologies.
"Global partnerships, such as our work with
Suntech, have been central to the solar industry's growth. Our work
together in Masdar is a prime example of the benefits of our
collaboration, and of solar energy."
The DuPont collaboration with Suntech was
featured as part of a short documentary titled, "City of Science, City of Hope," that recently
aired during the BBC News "Horizons" program series.
The documentary highlights the role of DuPont
materials that enable Suntech solar modules to help power the city
of Masdar - one of the most sustainable communities on the planet,
and a model of what green urban development can be.
Suntech Power Holdings Co., Ltd. (NYSE: STP)
produces industry-leading 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 20 million photovoltaic panels to over 1,000 customers in more
than 80 countries.
Suntech's pioneering R&D creates
customer-centric innovations that are driving 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. For more information about Suntech's people and products,
please visit www.suntech-power.com.
Click here to learn more about DuPont Photovoltaic
Solutions. For additional information about DuPont and its
commitment to inclusive innovation, please visit www.dupont.com.

DuPont is the Premier Sponsor of
GLOBE 2012, the world's most
anticipated international conference and exposition on the business
of the encironment taking place in Vancouver, March 14-16, 2012.
Dupont has been bringing world-class science and engineering
to the global marketplace in the form of innovative products,
materials, and services since 1802. The company believes that
by collaborating with customers, governments, NGOs, and thought
leaders we can help find solutions to such global challenges as
providing enough healthy food for people everywhere, decreasing
dependence on fossil fuels, and protecting life and the
environment. For more information on GLOBE 2012,
click here.