CNPV Confirms World’s First True Linear Warranty

LUXEMBOURG and DONGYING, China, July 8, 2011 -

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 demonstrated additional details to the world’s first true
linear power warranty that they launched at Intersolar Munich on
June 8th 2011.

(Logo: href="photos.prnewswire.com/prnh/20081103/CNM010LOGO">photos.prnewswire.com/prnh/20081103/CNM010LOGO)

Guaranteeing 7% more power than a “traditional power warranty”,
CNPV’s new approach is a significant step in supporting the
customer’s need for increased financial security. The assurance
specifically creates a definitive linear continuous underwriting of
the power curve with provision for the module output to change by
no more than 0.67% per year, after the first year of
installation.

Power outputs from solar PV modules are normally warranted to
maintain a minimum value with respect to time. The industry
standard is a “two step” approach with trigger points at 10-12
years and 25 years. The net effect for the customer is two
instances over 25 years that they can review the power output of
90% and 80% respectively and make a claim for compensation should
the module be underperforming. The average power cover over the 25
year period is 84% of original power output of the module.

Mr. Zhang Shunfu, CNPV’s CEO and Mr B. Veerraju Chaudary, CNPV’s
COO & CTO explained further; “Our customers need this. We now
provide it. Our strategy has always been to develop the facets of
our offering to provide true and tangible value. We believe this is
another example of our actions supporting our policy to deliver.
This guarantee is possible due to our capability performance, based
on bona fide data and knowledge; it makes commercial sense for our
partners and ourselves to continue to differentiate the CNPV Total
Solutions from our competitors. Our 90% power warranty on the ‘two
step’ model was already at the leading edge of what was available
with a 12 year trigger point; this is still maintained within the
new undertaking. The new linear warranty, in conjunction with our
10 year manufacturing warranty launched one year ago, provides
customers with even greater security on their investment, leading
to improved financial terms from financiers, and further
penetration into their already successful markets.”

As one European Solar Insurance expert expanded, “Brave? Not
really. Their figures and logic are solid, and in my opinion a
great development for both the solar industry and the customers. It
sets a new ‘bar’ for all to achieve.” (Name withheld for commercial
confidentiality).

Specific details regarding the World’s First True Linear
Warranty can be obtained directly from CNPV and their Strategic
Partners. Available on deliveries from Q3 of 2011, ensure you have
the full facts before placing your next order. For additional
clarity, the new warranty terms are improvements on the existing
assurance, with no downgrading of fine detail to allow risk
reduction and absolute figures for consideration.

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. CNPV designs, manufactures and supplies highly
efficient and cost effective crystalline solar photovoltaic
modules. Please visit CNPV’s website at href="www.cnpv-power.com/">www.cnpv-power.com.

For more information, please contact:

    CNPV Solar Power SA
    B.Veerraju Chaudary, COO, CTO & Member of the Board
    Phone: +86-13656-473355
    Email: chaudary@cnpv-power.com

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