DuPont and Suntech Sign Strategic Agreement

DuPont and Suntech Power Holdings Co., Ltd., are working together to help increase the supply of photovoltaic materials and technologies for the growing global market for solar energy.

Their goal is to achieve faster and broader adoption of solar energy to reduce the world’s dependence on fossil fuels. To achieve it, they plan to further improve the technology for solar energy, help reduce its costs and build greater awareness of its benefits to consumers.

Suntech and DuPont have signed a strategic sourcing agreement to drive faster and broader adoption of solar energy, reducing the world’s dependence on fossil fuels. 

“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,” said Eric Luo, senior vice president of global supply chain, Suntech. “We’re taking our collaboration to the next level with this agreement.”

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.

“Global partnerships, such as our work with Suntech, have been central to the solar industry’s growth,” said Dave Miller, president, DuPont Electronics & Technologies. “Our work together in Masdar is a prime example of the benefits of our collaboration, and of solar energy.”

Suntech Power Holdings Co., Ltd. produces industry-leading solar products for residential, commercial, industrial, and utility applications. With regional headquarters in China, Switzerland, and the U.S., and gigawatt-scale manufacturing worldwide, Suntech has delivered more than 20 million photovoltaic panels to over 1,000 customers in more than 80 countries.

600450 DuPont and Suntech Sign Strategic Agreement
Date: 3 February 2012

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