CNPV Signs Long-Term Sales Contract With Photon Hellas, a Greece Company

LUXEMBOURG and DONGYING, China, June 28, 2010 - CNPV Solar Power SA, a leading integrated manufacturer of solar
photovoltaic products, today announced that it has entered into a long-term
sales agreement with Photon Hellas, a leading project development,
installation and distribution company.

(Logo: photos.prnewswire.com/prnh/20081103/CNM010LOGO )

Under the terms of this agreement, CNPV will supply Photon Hellas with a
total of 20MWp of high performance PV Modules from 2010 to 2012, which
includes 3MWp of scheduled delivery during second half of 2010. The remaining
7MWp and 10MWp are scheduled for delivery in 2011 and 2012 respectively.

"We are very pleased to commence this new sales agreement with Photon
Hellas, to further strengthen the existing well-established partnership. Our
partnership with Photon Hellas is a significant success for us in aligning
ourselves with a proven regional energy developer with growing opportunities
in established and emerging photovoltaic markets. This new contract will
significantly help to grow new projects in Greece's solar markets," commented
B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board. "We look forward
to continuing to expand our relationship with one of our loyal strategic
partners Photon Hellas in Greece by providing high quality modules, premium
service and a low cost industry leading platform."

"CNPV has an excellent reputation for delivering premium quality, high
power output PV Modules and Photon Hellas is proud of this new supply
agreement with CNPV. We consider this as a continuation of our good
relationship with CNPV to use their high performance and quality modules in
our projects and to offer their premium service to our customers in Greece,"
commented Mr. Diamantis, CEO of Photon Hellas."

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. 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.
Website: www.cnpv-power.com

Photon Hellas

Photon Hellas is a leading Greek photovoltaic integrator, offering total
solutions for power production from solar energy. The firm covers the entire
spectrum, from planning to the turnkey handover of photovoltaic
installations.

    For more information, please contact:

     B.Veerraju Chaudary,
     COO, CTO & Member of the Board
     CNPV Solar Power SA
     +86-546-7795053
     +86-136-5647-3355
     chaudary@cnpv-power.com

Mr.Chaudary, +86-546-7795053, chaudary at cnpv-power.com