CNPV Signs Long-Term Strategic Partnership with Edisun Power Europe AG, a Swiss Company
By Cnpv Dongying Photovoltaic Power Company Limited, PRNETuesday, January 12, 2010
DONGYING, China, January 13 - 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: www.newscom.com/cgi-bin/prnh/20081103/CNM010LOGO )
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 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:
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
B. Veerraju Chaudary, COO, CTO & Member of the Board, +86-546-7795053, +86-13656-473355, chaudary at cnpv-power.com for CNPV Dongying Photovoltaic Power Company Limited
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