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Suntech Power Holdings Listed in the 2012 TR50

Thursday February 23 2012

Suntech Power Holdings, a partner in the Centre for Micro-Photonics Victoria-Suntech Advanced Solar Facility (VSASF) has been listed in MIT Technology Review's annual list of the world's 50 most innovative technology companies for its success in developing and commercialising advanced solar technology.

Members of of the Technology Review 50 (TR50) are nominated by Technology Review's editors, who look for technology companies that over the previous year have demonstrated original and valuable technology, are bringing that technology to market at a significant scale, and are clearly influencing their competitors.

Suntech has made significant advancement in their solar cell process since its inception, increasing efficiencies from 14 % in 2001 to over 20% today, helping to drive the cost per watt of solar panels from the ~US$6 seen in 2001 to the current ~US$1 per watt.

This advancement is continuing within the VSASF at Swinburne, with researchers developing the world's most efficient broadband nanoplasmonic solar cells.

Further information on Suntech's inclusion in the TR50 can be found via the Suntech Press Release