CNPV Signs Strategic Supply Agreement with JIT Solaire French Company

LUXEMBOURG and DONGYING, China, February 28, 2011 - CNPV Solar Power SA, a public limited liability company organized under
the laws of the Grand Duchy of Luxembourg and a leading integrated
manufacturer of solar photovoltaic products, today announced that it has
entered into a strategic partnership agreement with JIT Solaire, a leading
project developer and installer of solar photovoltaic systems based in
Western France.

    (Photo: photos.prnewswire.com/prnh/20110228/CN55322)
    (Logo: photos.prnewswire.com/prnh/20081103/CNM010LOGO)

Under the terms of this strategic agreement, CNPV will supply JIT Solaire
with a total of 20MWp of high performance PV Modules during 2011 and 2012,
with 6MW scheduled for delivery within 2011 and 14MW within 2012.

"We are thoroughly delighted to establish the close working relationship
and subsequent strategic agreement with JIT Solaire. Their experience as a
project developer and installer gives us additional insight into end user
requirements that we highly value and incorporate," Mr. Zhang Shunfu, CNPV's
CEO and Mr. B. Veerraju Chaudary, CNPV's COO and Member of the Board said
jointly. "Our determination to fulfill all sections of the solar PV
purchasing fraternity is further being realised with the signing of this
agreement. We are particularly pleased to have satisfied JIT Solaire's
stringent requirements to become their first long-term strategic Asian PV
supplier. "

The President of JIT Solaire, Mr. Jerome Bailleul, was equally positive:
"Our first foray into the Asian solar PV supply arena was a decision that we
carefully undertook; we are however, delighted with the results we have found
with CNPV. It was then an easy decision for us to undertake to commit to a
long-term agreement, and are excited at the prospect of growing our business
and experiences together."

"CNPV's products and support are exemplary. Their claim to provide a real
difference to their customers has been demonstrated clearly to us. There is
real value here," said Mr. Laurent Guilbard, JIT Solaire Technical Director.
"They listened and really understood what we are doing in a highly
competitive market. Their solutions clearly deliver for us, and we are
thrilled to have the opportunity to secure long-term interests for both
Companies as we grow together."

About CNPV

CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned
subsidiary, CNPV Dongying Solar 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. CNPV designs,
manufactures and supplies highly efficient and cost effective crystalline
solar photovoltaic modules. Please visit CNPV's website at
www.cnpv-power.com

About JIT Solaire

Located in Poitou Charentes and Rhone Alpes region, JIT Solaire
specializes in the turnkey installation of solar systems that generate
electricity for individuals, businesses and communities. Their supply policy
is based on a full-service quality coupled to a very competitive price,
supported with financing solutions. www.jit-solaire.com

    For more information, please contact:

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

    SAS FBJB
    Laurent Guilbard, Director
    LE ROCHEREAU, France
    Tel: +33-669-436640
    E-mail: laurent.guilbard@jit-solaire.com

B. Veerraju Chaudary, COO and Member of the Board of CNPV Solar Power SA, +86-13656-473355, chaudary at cnpv-power.com; or SAS FBJB, Laurent Guilbard, Director, LE ROCHEREAU, France, +33-669-436640, laurent.guilbard at jit-solaire.com