CNPV Signs Long-Term Strategic Partnership with AE Photonics, a German Company
By Cnpv Solar Power Sa Ae Photonics Gmbh Co. Kg, PRNEWednesday, April 7, 2010
LUXEMBOURG and DONGYING, China, April 8, 2010 - 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 AE Photonics, an east-German leading photovoltaic company in
roof top and ground-based power plants project development, installation and
distribution company.
(Logo: www.newscom.com/cgi-bin/prnh/20081103/CNM010LOGO )
Under the terms of this strategic agreement, CNPV will supply AE
Photonics with a total of 60MWp of high performance 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 AE
Photonics, to further strengthen the existing well established partnership.
Our strategic partnership with AE Photonics 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 German and Italian 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 AE Photonics 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 AE is proud of this new strategic partnership
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 Germany
and rest of the Europe," commented Mr. Marco Lamsouguer, CEO of AE Photonics
GmbH & Co. KG. "Renewable energy solutions will no doubt play an increasingly
important role in the total energy mix, and AE is committed to supporting
broader adoption of these technologies."
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 www.cnpv-power.com .
About AE Photonics GmbH & Co. KG
AE Photonics is a leading European 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. AE Photonics has achieved continuous growth in recent years
and today enjoys considerable experience in national & international
projects. For further information, please visit AE Photonics GmbH & Co. KG
website at: www.ae-photonics.com
For more information, please contact: CNPV Solar Power SA B. Veerraju Chaudary COO, CTO & Member of the Board Tel: +86-546-7795053 Mobile: +86-136-5647-3355 Email: chaudary@cnpv-power.com AE Photonics GmbH & Co. KG Marco Lamsouguer Chief Executive Officer Add: Loschwitzer Str. 37, 01309 Dresden, Germany Tel: +49-35131209833 Fax: +49-35131209855 Email: m.lamsouguer@ae-photonics.com
B. Veerraju Chaudary, COO, CTO & Member of the Board of CNPV, +86-546-7795053, +86-136-5647-3355, chaudary at cnpv-power.com; or Marco Lamsouguer, Chief Executive Officer of AE Photonics GmbH & Co. KG, +49-35131209833, fax +49-35131209855, m.lamsouguer at ae-photonics.com
Tags: April 8, China, Cnpv Solar Power Sa ; Ae Photonics Gmbh & Co. Kg, Luxembourg And Dongying, Western Europe