CNPV Signs Long-Term Strategic Partnership with Galip Solar GmbH, a German Company
By Cnpv Dongying Photovoltaic Power Company Limited, PRNEThursday, January 7, 2010
DONGYING, China, January 8 - 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 it has entered into a long-term strategic partnership sales
agreement with Galip Solar GmbH, a Project development and distribution
company in Germany.
(Logo: www.newscom.com/cgi-bin/prnh/20081103/CNM010LOGO )
Under the terms of this strategic agreement, CNPV will supply Galip Solar
with a total of 60MWp of PV Modules from 2010 to 2012, including 10MWp of
scheduled delivery during 2010. The remaining 20MWp and 30MWp are scheduled
for delivery in 2011 and 2012, respectively.
"We are pleased to announce this strategic partnership with Galip Solar,
to further strengthen the existing partnership. Our strategic partnership
with Galip Solar is a significant success for us in aligning ourselves with a
proven multi-regional energy developer with growing opportunities in
established and emerging photovoltaic markets. This contract will help to
grow new projects in solar markets like Germany, Africa and Turkey," stated
jointly Mr. Zhang Shunfu, CNPV's CEO and B. Veerraju Chaudary, CNPV's COO,
CTO & Member of the Board. "We look forward to expanding our relationship
with one of our loyal strategic partners, Galip Solar, by providing high
quality modules, premium service and a low cost industry leading platform."
"Galip Solar GmbH is proud of this new strategic sales agreement with
CNPV. We consider this as a continuation of our good relationship with CNPV
to bring their high quality modules and premium service to our customers
across central Germany," commented Mr. Alexander Galip, CEO of Galip Solar.
About CNPV
CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned
subsidiary, CNPV Dongying Photovoltaic Power Company Limited, is a leading
multi-product solar company that produces ingots, wafers, cells & solar
modules, and has strong presence in the solar photovoltaic space that
designs, manufactures and supplies highly efficient and cost effective
terrestrial 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, visit www.cnpv-power.com
About Galip Solar GmbH
Galip Solar GmbH is a well-known company active in the solar photovoltaic
industry more than 5 years. Galip Solar offers end user services of design,
project development and installation of PV Systems, using high-quality
Photovoltaic Modules from CNPV Solar Power SA. For further information, visit
www.galip-solar.de
Contact: B. Veerraju Chaudary COO, CTO & Member of the Board Direct Land Line: +86-546-7795053, Mobile: +86-13656-473355, Email: chaudary@cnpv-power.com Jane Liu, Senior Manager-IR & Financing Direct Land Line: +86-546-7795078 Mobile: +86-15318-358353, Email: jane.liu@cnpv-power.com
B. Veerraju Chaudary, COO, CTO & Member of the Board, Direct +86-546-7795053, Mobile +86-13656-473355, chaudary at cnpv-power.com, or Jane Liu, Senior Manager-IR & Financing, Direct +86-546-7795078, Mobile +86-15318-358353, jane.liu at cnpv-power.com
Tags: China, CNPV Dongying Photovoltaic Power Company Limited, Dongying, Western Europe