CNPV Solar Power SA, a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules that designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules, today announced that it has entered into a long-term strategic partnership sales agreement with Volthaus GmbH, a south-German leading photovoltaic company in roof top and ground-based power plants project development, installation and distribution company.
Under the terms of this strategic agreement, CNPV will supply Volthaus Ltd. with a total of 35MWp of PV Modules from 2010 to 2012, which includes 10MWp of scheduled delivery during 2010. The remaining 10MWp and 15MWp are scheduled for delivery in 2011 and 2012 respectively.
"We are very pleased to announce this new strategic partnership with Volthaus, to further strengthen the existing well established partnership. Our strategic partnership with Volthaus is a significant success for us in aligning ourselves with a proven multiregional energy developer with growing opportunities in established and emerging photovoltaic markets. This new contract will significantly help to grow new projects in markets such as the German, Czech and Turkish solar markets," stated jointly Mr. Zhang Shunfu, CNPV’s CEO and B. Veerraju Chaudary, CNPV’s COO, CTO & Member of the Board. "We look forward to continuing to expanding our relationship with one of our loyal strategic partners Volthaus by providing high quality modules, premium service and a low cost industry leading platform."
Volthaus GmbH from South Germany is proud of this new strategic sales agreement with CNPV. We consider this as a continuation of our good relationship with CNPV to use their high quality modules in our projects and to offer their premium service to our customers in Germany, Czech Republic and Turkey," commented jointly Mrs. Sabine Bachner, Volthaus CEO and Mr. Peer Uhlemann, CPO and Division Manager Volthaus international.
Sabine Bachner (CEO Volthaus), B. Veerraju Chaudary (COO,CTO & Member of the Board CNPV), Peer Uhlemann (CPO Volthaus, Division Manager Volthaus international)
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 that 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 http://www.cnpv-power.com
About Volthaus GmbH
Volthaus GmbH, a subsidiary of Bachner Group, is a respected south-german photovoltaic company in roof top and ground-based power plants project development, installation and distribution. Volthaus has been active in the German solar power industry since 2003. The company makes a yearly sale of 21 Million Euro with 26 employees and is today among the south German market one of the leading companies in the sector. Volthaus has achieved continuous growth in recent years and today enjoys considerable experience in both national and international projects. For further information, please visit Volthaus GmbH website at: http://www.volthaus.com
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