The Ve-Series module, with 72 multicrystalline cells and 40mm thickness, comes with an improved frame design as well as a 1000V operational certification.

The firm said its new module design provides a 2.6lb decrease in total module weight and is certified to withstand extreme wind (3,800 Pascal) and snow (5,400 Pascal) loads.

Suntech America president John Lefebvre said the improved design will lower balance of system costs and generate a better levelized cost of electricity.

"Success in the PV module industry is all about manufacturing efficiency and incremental innovation, and this new product again demonstrates Suntech’s ability to enhance our products year after year while continuing to reduce costs," Lefebvre added.

"Every penny of improvement makes solar power more attractive to investors, developers and utilities."

With the UL1000V certification, Suntech said its 300W modules can be safely connected in longer string series than allowed by the earlier 600V industry standard.

Suntech, which has operations in Switzerland, and the US, claims to deliver more than 25,000,000 photovoltaic panels to over a thousand customers in more than 80 countries.