CNPV Signs Long-Term Strategic Partnership with STAND-BY Europe, a Czech Company

By Cnpv Dongying Photovoltaic Power Company Limited, PRNE
Wednesday, November 18, 2009

DONGYING, China, November 19 - CNPV today announced that it has entered into a long-term strategic
partnership sales agreement with STAND-BY Europe, a well-known Czech Project
development and distribution company. The agreement was signed in conjunction
with STAND-BY Europe's recent October 15-16, 2009 visit to a CNPV facility
along with CTP invest, Reiffeisen Bank and Lumen Engineering Company.

(Logo: www.newscom.com/cgi-bin/prnh/20081103/CNM010LOGO )

Under the terms of this strategic agreement, CNPV will supply STAND-BY
Europe with a total of 100MWp of PV Modules from 2009 to 2012, which includes
5MWp of scheduled delivery during Q42009 at fixed prices. The remaining
25MWp, 30MWp and 40MWp are scheduled for delivery in 2010, 2011 and 2012
respectively. However the price will be reviewed mutually on a quarterly
basis if the market price falls or rises with reference to the fixed prices.

"We are very pleased to announce this new strategic partnership with
STAND-BY Europe, to further strengthen the existing well established
partnership with STAND-BY Europe. Our strategic partnership with STAND-BY
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 Czech Republic, Slovakia and other
eastern European solar markets," stated 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 our loyal strategic partner
STAND-BY Europe by providing high quality modules, premium service and a low
cost industry leading platform."

"STAND-BY Europe 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 the Czech Republic and Eastern Europe," commented Mr. Vaclav Prihoda,
MD, Mr. Jan Buric, MD, Jan Matusik, Sales Director, and Mr. David Carr, China
Regional Director of STAND-BY Europe.

About CNPV

China Solar Photovoltaic 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, please visit CNPV's website at www.cnpv-power.com .

About STAND-BY Europe s.r.o

STAND-BY Europe executives have been active in the electronics industry
for more than one decade and entered into the solar photovoltaic industry
more than three years ago. STAND-BY Europe, a project developer and
distribution company, is the result of constantly growing demand for
renewable energy. STAND-BY Europe offers the end user services of design,
project development and installation of PV Systems with the support and
partnership of well-known Lumen Engineering Company, using high-quality
Photovoltaic Modules from the well-recognized manufacturer CNPV. For further
information, please visit STAND-BY Europe's website at
www.standby-europe.com .

    For more information, please contact:

    B. Veerraju Chaudary,
    COO, CTO & Member of the Board
    Tel: +86-546-7795053
    Mobile: +86-13656-473355
    Email: chaudary@cnpv-power.com

    Jane Liu, Senior Manager
    Investor Relations & Financing
    Tel: +86-546-7795078
    Mobile: +86-15318-358353
    Email: jane.liu@cnpv-power.com

B. Veerraju Chaudary, COO, CTO & Member of the Board, +86-546-7795053, +86-13656-473355 (mobile), chaudary at cnpv-power.com, or Jane Liu, Senior Manager, Investor Relations & Financing, +86-546-7795078, +86-15318-358353 (mobile), jane.liu at cnpv-power.com

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