Tuesday, March 1, 2011

CTDC signs 20MW PV module sales contract to capture new market share in Europe

HONG KONG: China Technology Development Group Corp., a growing clean energy group based in China to provide solar energy products and solutions under the brand LSP, announced that the company's wholly-owned subsidiary has signed a Sales Contract for the Year 2011 of 20MW solar modules with well-known Italian photovoltaic system integrator ConSae S.r.l.

Pursuant to the contract, Linsun Renewable Energy Corp. Ltd (LSR), a wholly-owned subsidiary of CTDC, will supply ConSae with 20MW of LSP crystalline solar modules. Including 15MW of LSP standard crystalline solar modules, and 5MW of CTDC self-developed transparent crystalline solar modules, and to be completed supplying all quantity by the end of 2011. This is another successful milestone of LSP, the solar module brand of CTDC, capturing European market shares, after LSP has been selected to supply to MW-level on grid power plant in Italy at the end of 2010.

"This 20MW sales contract has speeded up our pace in strongly exploring European market, reaching our supplying frontier of LSP high quality solar modules to the blooming Italian market," said Sean Liaw (Liao Lin-Hsiang), COO. "And, it should greatly expand our brand influence in Europe. CTDC is looking forward to the European PV market, we are dedicating to establish a board sales network in Europe. Our sales center and warehouse in Italy will be officially operating by March, 2011. This shall provide real time and efficient service to our customers in Europe and greatly expand CTDC's strength in the European region."

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