Suntech Power isa world leading Chinese solar panel manufacturer. It is focuses on research, development and production of silicon solar cells and modules for residential and commercial customers in China and Europe.
The company was established in 2001 with its headquarters at Wuxi, Jiangsu in China.
In 2002 Suntech initiated its 10 megawatts production line, which had capacity equaling China’s solar cell production from the previous four years.
In 2006 Suntech acquired MSK Corporation, (a leading manufacture of PV cells in Japan)This acquisition increased Suntech’s production capacity to 300 MV.
Due to increasing competition and the need to retain its competitive advantage, Suntech set up Suntech Photovoltaic Technology Institute in 2008. This proved resourceful as in 2009, using its Pluto Technology, the company broke the world record for solar cell efficiency.