CNPV signs long-term strategic partnership with Photovoltaic Experts

23 February of 2010 by

CNPV Solar Power SA, a leading integrated manufacturer of solarphotovoltaic products from the production of ingots, wafers and cellsto the assembly of PV modules that designs, manufactures and supplieshighly efficient and cost effective crystalline solar photovoltaicmodules, today announced that it has entered into a long-term strategicpartnership sales agreement with Photovoltaic Experts GmbH, a Germanleading photovoltaic company as a competence center for PhotovoltaicPower Plants, develops and sells Turn-Key- Photovoltaic Power Plants.

Underthe terms of this strategic agreement, CNPV will supply PhotovoltaicExperts GmbH with a total of 30MWp of PV Modules from 2010 to 2012,which includes 5MWp of scheduled delivery during 2010. The remaining10MWp and 15MWp are scheduled for delivery in 2011 and 2012respectively.

"We are very pleased to announce this newstrategic partnership with Photovoltaic Experts GmbH. Our strategicpartnership with Photovoltaic Experts GmbH is a significant success forus in aligning ourselves with a proven multiregional energy developerwith growing opportunities in established and emerging photovoltaicmarkets. This new contract will significantly help to grow new projectsin markets such as the Germany, France and Spain solar markets," statedjointly Zhang Shunfu, CNPV’s CEO and B. Veerraju Chaudary, CNPV’s COO,CTO & Member of the Board. "We look forward to continuing toexpanding our relationship with one of our loyal strategic partnersVolthaus by providing high quality modules, premium service and a lowcost industry leading platform."

Photovoltaic Experts GmbH fromKonstanz Germany is proud of this new strategic sales agreement withCNPV. We consider this as a continuation of our good relationship withCNPV to use their high quality modules in our projects and to offertheir premium service to our customers in Germany, France and Spain,"commented jointly Gordan Hasmann and Felix Gudat, Managing Directors ofthe Photovoltaic Experts GmbH.

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