DONGYING, China, Jan. 13 /PRNewswire-Asia/-- CNPV Solar Power SA, 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, today announced that it has entered into a long-term strategic partnership sales agreement with Edisun Power Europe AG, a well-known Swiss stock listed, project development and project financing company.
(Logo: http://www.prnasia.com/sa/200811031303.jpg )
Under the terms of this strategic agreement, CNPV will supply Edisun Power Europe AG (Sourcing partnership called: YellowHat AG) with a total of 60MWp of PV Modules from 2010 to 2012, which includes 10MWp of scheduled delivery during 2010. The remaining 20MWp and 30MWp are scheduled for delivery in 2011 and 2012 respectively.
"We are very pleased to announce this new strategic partnership with Edisun Power Europe AG and its partners, to further strengthen the existing well established partnership. Our strategic partnership with Edisun Power Europe is a significant success for us in aligning ourselves with a proven multiregional energy developer with growing opportunities in established and emerging photovoltaic markets. This new contract will significantly help to grow new projects in markets such as the Swiss, France, Spain and German solar markets," stated jointly Mr. Zhang Shunfu, CNPV's CEO and B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board. "We look forward to continuing to expanding our relationship with one of our loyal strategic partners Edisun Power Europe by providing high quality modules, premium service and a low cost industry leading platform."
"Edisun Power Europe AG (YellowHat AG) is proud of this new strategic sales agreement with CNPV. We consider this as a continuation of our good relationship with CNPV to use their high quality modules in our projects and to offer their premium service to our partners within Yellow Hat across Europe," commented jointly Mrs. Mirjana Blume, Edisun Power's CEO and Mr. Andreas Fankhauser YellowHat's General Manager.
About CNPV
CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Photovoltaic 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. Reliability & longevity are built into our world-class crystalline solar photovoltaic modules, which undergo rigorous internal tests and external certifications (IEC61215, IEC61730, UL, and CE) to ensure peak performance and safety. For further information, please visit CNPV's website at http://www.cnpv-power.com .
About Edisun Power Europe AG
As Europe's first listed solar power producer, the Edisun Power Group develops, finances and operates solar power plants across European countries. The Group has been active in the Swiss solar power industry since 1997 and is today among the most successful companies in the sector. It has been listed on the main segment of the SIX Swiss Exchange since September 2008. Edisun Power has achieved continuous growth in recent years and today enjoys considerable experience in both national and international projects. For further information, please visit Edisun Power Europe AG's website at: http://www.edisunpower.com
For more information, please contact:
B. Veerraju Chaudary
COO, CTO & Member of the Board
Direct: +86-546-7795053
Mobile: +86-13656-473355
Email: chaudary@cnpv-power.com
