Suntech Power Holdings Co., Ltd. (Suntech) is a solar energy companythat designs, develops, manufactures and markets a variety ofphotovoltaic (PV) cells and modules. It also provides PV systemintegration services in China. The Company's products are used in avariety of residential, commercial, industrial and public utilityapplications in various markets. Suntech sells its products in variouskey solar energy markets worldwide, including Germany, Spain, theUnited States, China, Japan, Italy and South Korea. As of December 31,2007, the average conversion efficiency rates of the Company'smonocrystalline and multicrystalline silicon PV cells reached 16.4% and14.9%, respectively. During the year ended December 31, 2007, theCompany initiated the production of PV cells utilizing the Plutotechnology, a next-generation PV technology that allows conversionefficiency rates in the range of 18.0% to 19.0% on PV cellsmanufactured with monocrystalline silicon wafers.More from Reuters »