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Suntech Power Holdings Co., Ltd. (NYSE:STP) announced financial results for its fourth fiscal quarter and full year ended December 31, 2010. Total net revenues were $945.1 million in the fourth quarter of 2010, representing growth of 27.1% sequentially and 61.9% year-over-year. Total PV shipments increased 19.8% sequentially and 87.3% year-over-year.

Satcon Technology Corp. announced that Suntech Energy Solutions, a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. (NYSE: STP) and a leader in the design, engineering and installation of large-scale photovoltaic (PV) systems, chose the company to help power a 1 megawatt (MW) solar energy installation hosted at The North Face West Coast Distribution Center in Visalia, California.

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