LUXEMBOURG and DONGYING, China, Sept. 14 /PRNewswire-Asia/ -- CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of Luxembourg and a leading integrated manufacturer of solar photovoltaic products, today signed a new sales contract for the supply of 1MWp of High Performance Modules to be installed in October 2010. The agreement with Linyi Juhuang New Energy Technology Development Company Limited, a solar photovoltaic systems and LED energy saving facilities Company, calls for the provision of a further 19MWp of modules to be provided during 2011 and 2012.
"The first grid connected system is on target for connection using our premium solar module range," said Mr. B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board. "This bespoke system will add a further 25% yield increase on our premium range's market leading capability. It is an exciting time for us to be further involved in Shandong Province's home grown solar electricity generation. It is very personally rewarding to see our dedication to high yield products providing local advantage."
Mr. Zhang Shunfu, CEO of CNPV and Mr. Jingtai Michael Li, Chairman of Linyi Juhuang, both enthused, "While it is recognised that the projects are not as large as some others we deal with, being 1 MWp each, the impact on the positive presentation of solar energy collection is extremely significant and demonstrates that with the right technology and the right Companies, noteworthy increases in solar energy harvesting can be led from within China."
About CNPV
CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Solar Power Company Limited, is a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules that designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules. For further information, please visit CNPV's website at http://www.cnpv-power.com .
About Linyi Juhuang New Energy Technology Development Company Limited
Linyi Juhuang New Energy Technology Development Company Limited is occupied in the R&D of PV solar power systems and LED energy saving facilities. The Company has two R&D centers based in Nanjing and Linyi where it takes the lead in advancing technology, developing its personnel on an international basis and forming alliances that bring together academia, research and industry. Utilizing this broad reach, it develops and capitalizes upon, market focused solutions.
For more information, please contact:
CNPV Solar Power SA
B. Veerraju Chaudary
COO, CTO & Member of the Board
Phone: +86-546-7795053
Mobile: +86-13656-473355
Email: chaudary@cnpv-power.com
Linyi Juhuang New Energy Technology Development Company Limited.
Jingtai Michael Li
Chairman
Add: Chuangye Road, Economic Development Zone,
Pingyi Town, Linyi city, Shandong Province, PR China
Phone: +86-539-4882681
