CNPV Signs Sales Agreement with Inovasol, French Company

By Cnpv Solar Power Sa Inovasol, PRNE
Monday, June 28, 2010

LUXEMBOURG and DONGYING, China, June 29, 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 Inovasol, a French leading photovoltaic company in
roof-top project development, installation and distribution.

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

Under the terms of this agreement, CNPV will supply Inovasol with a total
of 46MWp of high performance PV Modules from 2010 to 2012, which includes
6MWp of scheduled delivery during H22010. The remaining 15MWp and 25MWp are
scheduled for delivery in 2011 and 2012 respectively.

"We are excited to announce this long term sales agreement with Inovasol,
a partner that shares our commitment to superior value, and customer
satisfaction," said B.Veerraju Chaudary, CNPV's COO, CTO & Member of the
Board. "This agreement will bring CNPV's high performing modules to the
promising new French market while enhancing CNPV's brand and presence in the
region. This reflects the continued strong demand and representation for our
best-in-class solar products in major solar markets worldwide."

"CNPV has an excellent reputation for delivering premium quality,
high-power output PV Modules, and partnering with CNPV provides our customers
with access to one of the industry's emerging success stories," said Mr.
Xavier Morellec, CEO of Inovasol. "CNPV's focus on high quality manufacturing
processes delivers a truly world class, competitive offering to our market.
This new partnership is a natural fit with Inovasol's business model,
providing exceptional value to our customers. We are looking forward to
enhancing the CNPV brand in France over the coming years."

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. For further
information, please visit CNPV's website at www.cnpv-power.com

Inovasol

Inovasol is a leading player in photovoltaic solar plant engineering,
development, production, installation and distribution in France. Inovasol
has achieved continuous growth in recent years and today enjoys considerable
experience in national projects. For further information, please visit
Inovasol website at: www.inovasol.fr

    Contact:

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

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

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