LUXEMBOURG & DONGYING, CHINA: 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, has entered into a long-term strategic partnership sales agreement with Galip Solar GmbH, a well-known project development and distribution company in Germany.
Under the terms of this strategic agreement, CNPV will supply Galip Solar with a total of 60MWp of PV Modules from 2010 to 2012, including 10MWp of scheduled delivery during 2010. The remaining 20MWp and 30MWp are scheduled for delivery in 2011 and 2012, respectively.
In a joint statement, Zhang Shunfu, CNPV's CEO and B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board, said: "We are pleased to announce this strategic partnership with Galip Solar, to further strengthen the existing partnership. Our strategic partnership with Galip Solar is a significant success for us in aligning ourselves with a proven multi-regional energy developer with growing opportunities in established and emerging photovoltaic markets. This contract will help to grow new projects in solar markets like Germany, Africa and Turkey."
"We look forward to expanding our relationship with one of our loyal strategic partners, Galip Solar, by providing high quality modules, premium service and a low cost industry leading platform."
Alexander Galip, CEO of Galip Solar, added: "Galip Solar GmbH is proud of this new strategic sales agreement with CNPV. We consider this as a continuation of our good relationship with CNPV to bring their high quality modules and premium service to our customers across central Germany."
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