Mr. Xiong took the position after serving in various roles in the company for the past 10 years. Mr. Xiong brings a strong background and diverse experience in the solar industry value chain, successively serving as top management of Suntech and its affiliated companies.
Mr. Xiong, President of Wuxi Suntech Power Co., Ltd. "Mr. Xiong has shown strong leadership in his roles at Suntech and I think his management expertise will be a great asset as we look to grow our company," saidEric Luo, CEO of Shunfeng International Clean Energy Limited, who oversees Suntech's international operations. "When we acquired Suntech, we knew it had the best PV modules in the industry. With Mr. Xiong's leadership, we believe that the company will help drive our vision of becoming the largest integrated clean energy provider globally."
"It is a great honor to lead such a critical part of the Shunfeng group. Suntech ended 2014 with the strongest financial footing in the solar industry and passed the 8GW mark, shipping more than 30 million modules to date worldwide," said Mr. Xiong. "I'm excited to begin my new role as President of Suntech and to continue our success as we look to expand our operations by optimizing our manufacturing and automation processes."
Suntech was recently re-added to Bloomberg New Energy Finance's (BNEF) February 2015 Global PV Market Outlook's tier 1 solar company list based on its bankability. The tier 1 list consists of module manufacturers who have provided their own manufactured products to five different projects, which have been financed non-recourse by five different non-development banks, in the past two years.
