CNPV Sponsor Scholarships to China Petroleum University Students

LUXEMBOURG and DONGYING, China, November 2, 2010 - 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 agreement with the Shengli College China University
of Petroleum (CUP) in sponsoring student scholarships.

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

The agreement was signed at a celebratory ceremony by the university's
President, Madame Zhang Lingling and CNPV's CEO Mr. Zhang Shunfu. Excitement
was clearly visible from both signatories, wherein CNPV is sponsoring
scholarship funding to 31 students during 2010.

There are 3 categories of scholarships provided by CNPV including
assistance to high performing students from financially disadvantaged
families, students achieving consistent academic excellence and a top award
to the student whose academic performance exceeded all others.

Mr Zhang Shunfu CEO of CNPV said, "We want to make sure that deserving
financially disadvantaged students can finance their education, and when they
graduate they have the opportunity to embark on a successful career. We are
looking to these individuals to work with CNPV in the future." Mr. B.
Veerraju Chaudary COO, CTO & Member of the Board of CNPV added that "CNPV's
core values of corporate citizenship include the responsibility to recognize
and encourage academically talented students, foster employee loyalty,
initiate promising relationships with students, and identify potential
candidates for internships and employment. We hope to increase CNPV's
scholarship support to the university in the future as together we provide
the results of developing the knowledge wealth that is present within
Dongying."

Accepting the donation on behalf of China Petroleum University, President
Madame Zhang Lingling expressed her gratitude to CNPV towards its new
initiation of sponsoring scholarships, investing in the future of the people,
and providing motivation to all to excel in their academic growth .

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. 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 Shengli College China University of Petroleum (CUP)

China University of Petroleum (Huadong) has two campuses respectively in
Dongying and Qingdao. The university has Graduate School, 13 faculties
(College of Geo-Resources and Information, College of Petroleum Engineering,
College of Chemistry and Chemical Engineering, College of Electromechanical
Engineering, College of Information and Control Engineering, College of
Storage & Transportation and Architectural Engineering, College of Computer
and Communication Engineering, College of Economics and Management, College
of Mathematics and Computational Science, College of Physics Science and
Technology, School of Foreign Studies, School of Humanities and Social
Sciences, Department of Physical Education), School of Military Reserve
Officers, Advanced Vocational College, College of Distance and Continuing
Education. The university has over 1,400 professional teachers, of whom 683
professors and associate professors, 739 doctoral supervisors and Master
tutors.

    For more information, please contact:

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

B.Veerraju Chaudary, COO, CTO & Member of the Board of CNPV Solar Power SA, +86-13656-473355, or chaudary at cnpv-power.com