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9 lower the cost of solar energy, and to drive the industry to grid parity—where solar energy costs the same or less than traditional forms of energy generation. Equally important, Suntech also works toward tomorrow’s technology needs. To meet the world’s demand for diversied solar products, Suntech is building a new Thin Film plant that will develop advanced Thin Film technology using state-of-the-art building design and manufacturing equipment.Across the world, Suntech has established cooperative relationships with a number of universities and research institutes, most notably the University of New South Wales in Australia, internationally renowned for its solar research facilities. Our collaborative eorts with these institutions not only enable us to gain access to advanced research facilities and equipment, but also keep us abreast of the latest industry developments and trends and make us better positioned to lead. This spirit of cooperation and our thorough commitment to R&D has generated international recognition for Suntech both through industry quality certications and positive customer feedback.
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