On August 9, Suntech Power announced that it will strengthen close cooperation with the upstream and downstream of the photovoltaic industry, and signed strategic cooperation agreements with China Development Bank New Energy Technology Co., Ltd. and Jiangsu Runyang New Energy Technology Co., Ltd. at the 14th International Solar Photovoltaic and Smart Energy (Shanghai) Exhibition. Suntech plans to carry out in-depth cooperation with the two companies to jointly create a new era of the whole photovoltaic industry chain.
Founded in December 2014, CDB New Energy Technology Co., Ltd. is committed to building itself into a world-class ecological investor in the clean energy industry, with photovoltaic and wind power plant investment, construction and operation and maintenance as the main line, while expanding extended services in the fields of energy storage, hydrogen energy, energy Internet, and power distribution. After the signing of the contract between Suntech and CDB New Energy, the two sides will complement each other on the basis of the advantages of their respective brands, funds, designs, services and channels, take domestic and foreign new energy projects as the basis for cooperation, jointly explore markets with high relevance to both sides, achieve the goal of mutual benefit and win-win and coordinated development, and establish a long-term strategic partnership. Quickly promote the "parity of photovoltaic power generation", significantly reduce carbon emissions, and promote the improvement of ecological environment quality。 Mr. You Mingyang, General Manager of CDB New Energy, Mr. Fan Xiaobo, Deputy General Manager, Mr. Deng Yikang, Deputy General Manager, Mr. Tang Jun, President of Suntech Group, Mr. Liu Bin, Vice President of Suntech, and Mr. Cao Xiaorong, Vice President of Wuxi Suntech, attended the signing ceremony.
Jiangsu Runyang New Energy Technology Co., Ltd. was established in May 2013, is committed to the field of photovoltaic new energy technology development and application, the company's team members mainly from Germany's Fraunhofer-ISE, Germany's ISFH, the United States NREL, Sun Yat-sen University and other international photovoltaic research centers and industry-renowned photovoltaic companies. Suntech and Runyang signed a 4GW high-efficiency battery supply cooperation agreement for 2020-2021, and the two sides will give full play to their respective product advantages, deepen brand influence, mutual benefit and common development. Mr. Tao Longzhong, Chairman of Jiangsu Runyang New Energy Technology Co., Ltd., Ms. Li Jing, General Manager of the Base, Mr. Tang Jun, President of Suntech Group, Mr. Liu Bin, Vice President, and Mr. Wu Qingfeng, Director of Supply Chain of Wuxi Suntech, attended the signing ceremony.
About Suntech
Founded in 2001, Suntech Power is a world-renowned manufacturer of high-performance photovoltaic products, focusing on the research and development and production of solar cells and modules for 20 years. The company's sales area covers more than 100 countries and regions around the world, has more than 1500 partners, and has a cumulative shipment volume of more than 22GW in history. Suntech has always been committed to the improvement of product conversion efficiency, and constantly strengthen the research and development of new technologies, the improvement of production processes, with excellent technical advantages and manufacturing levels, dedicated to providing customers with high-quality, high-reliability photovoltaic products, and actively promote the early realization of the goal of "parity on the Grid" of photovoltaic power generation.