China Sunergy Announces Sales Agreement with Solarwatt AG
(Nasdaq: CSUN), a specialized solar cell manufacturer based in
today announced that it has entered into an agreement with Solarwatt AG, a
leading manufacturer of solar modules in
cells over the course of 2009.
According to the signed contract, China Sunergy will supply Solarwatt AG
with high efficiency mono-crystalline solar cells at fixed prices, starting in
January of 2009 and continuing at a consistent level through out the year, for
a total delivery volume of 22MW.
“I am pleased to have signed this agreement with Solarwatt, a leading firm
within one of the most dynamic solar markets in the world,” remarked Dr.
Ruennsheng Allen Wang, Director and CEO of China Sunergy. “Despite the recent
uncertain sales environment, we have been successful in securing important
sales agreements with leading companies in key markets, and we remain well
positioned to benefit as further clarity returns to the market.”
About China Sunergy Co. Ltd
China Sunergy Co., Ltd. (Nasdaq: CSUN) (“China Sunergy”) is a specialized
manufacturer of solar cell products in
solar cells from silicon wafers utilizing crystalline silicon solar cell
technology to convert sunlight directly into electricity through a process
known as the photovoltaic effect. China Sunergy sells solar cell products to
Chinese and overseas module manufacturers and system integrators, who assemble
solar cells into solar modules and solar power systems for use in various
markets. For more information please visit http://www.chinasunergy.com .
For further information contact:
FD
Peter Schmidt
Tel: +86-10-8591-1953
Email: peter.schmidt@fd.com
SOURCE China Sunergy Co., Ltd.