China Sunergy provides additional insight regarding 2010 full year expectations

13 June of 2010 by

China Sunergy Co. Ltd, a leading solar cell and module manufacturerbased in Nanjing, China, has announced several updates regarding Company expectations for the year 2010.

China Sunergy anticipates grossmargin will be between 15 percent and 18 percent, prior to thecompletion of the acquisition of two module manufacturers, withconversion cost reducing to USD0.20/watt by the end of the year, asproduction efficiencies continue to be realized.

Assuming theacquisition of the two solar module manufacturers will be completedwithout any unforeseen issues, China Sunergy expects the module capacity to be between 500 and 550 MW by the end of the third quarter of 2010.

With demand remaining at current expectations throughout the rest of theyear, China Sunergy now expects to have 400 MW of solar cell capacityand 900 MW of solar module capacity by the end of 2010.

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