Wuxi, China and Olney, Maryland [RenewableEnergyAccess.com] Suntech Power Holdings Co., Ltd., announced a multi-year contract to supply solar modules to a division of Sun Edison, LLC. The total value of the contract ranges from approximately $50 million to $90 million over the term of the contract. The contract is structured in a similar manner as Suntech’s long-term silicon supply agreement in order to enhance steady operating results. Due to progressive laws in California, the solar modules shipped under this contract will be used primarily in the California market. In August 2006, Suntech established Suntech America, a wholly owned subsidiary with the goal of expanding market share in the U.S.