The first 10MW production line of Suntech Power was put into formal production, with the capacity equal to the total output in China during the past four years.
Suntech Power was listed at the New York Stock Exchange, indicating the quickened upgrade of the internationalization strategy of Suntech.
Suntech acquired the MSK which was one of the largest PV manufacturers in Japan and ranked first in the Building Integrated Photovoltaics (BIPV) Industry. This purchase increased the productivity of Suntech to 300MW.
The annual production of Suntech was up to 1GW and Suntech Photovoltaic Technology Research Institute was established in the same year.
The Pluto technology independently developed by Suntech made the conversion efficiency of a monocrystalline cell and a polycrystalline silicon cell respectively reach 19.2% and 17.2%, setting up a new world record.
Suntech’s annual module output reached 2.4GW and its annual shipment exceeded 2.1GW, which made Suntech the manufacturer of the top-selling solar modules in the world for two consecutive years.
Shunfeng International Clean Energy Co., Ltd. (stock code: 01165.HK) intended to purchase Wuxi Suntech Solar Power Co., Ltd. and to provide Suntech with great support in projects and funds.
Suntech’s solar modules sold to every corner of the world broke the record of 25,000,000, exceeding 8GW. The shareholders of Shunfeng agreed to purchase Suntech and from then on Suntech had a reliable fund guarantee.
The conversion efficiency of a high-efficiency PERC broke through 21.31％ and Shunfeng Group was expected to achieve the annual PERC output of 350MW in 2016.
Wuxi Suntech succeeded in mass-producing black silicon cells.