BEIJING, Sept. 25 /Xinhua-PRNewswire-FirstCall/ -- China Solar & Clean Solutions Energy, Inc. (OTC Bulletin Board: CSOL) ("CSOL"), a premier manufacturer and distributor of solar water heaters, renewable energy solutions, and space heating devices in the People's Republic of China, announced it has signed a contract to be the sole supplier of solar water-heating systems to the Overseas Chinese Village in Shenzhen City (the"Village"). The contract was awarded on July 1, 2008 to CSOL's subsidiary, Shenzhen Peng Sang Pu Solar Energy Company.
The Overseas Chinese Village is a residential community for overseas Chinese in Shenzhen. It spans over 125 acres and contains a total of 22 high-rise buildings. The Village is believed to be the largest residential project in China to rely completely on solar-heated water. CSOL will be supplying and installing its state-of-the-art solar water-heating systems throughout the residential area. The contract is valued at approximately $3.5 million.
"We are very pleased to have won this contract," commented Du Deli, the CEO of China Solar & Clean Solutions Energy, Inc. "Despite bids from numerous competitors, we won the contract due to our strong reputation among Chinese solar energy experts. Our experience in China's solar water-heating market, as well as our tireless efforts to develop solar energy technology and new products, has earned us the reputation of being China's highest quality producer of solar energy systems. We will continue to pursue similar projects and expect to win more bids in the future."
About China Solar & Clean Energy Solutions, Inc.
China Solar & Clean Energy Solutions, Inc. operates through its wholly owned subsidiaries Bazhou Deli Solar Energy Heating Co. Ltd. ("Deli Solar(Bazhou)"), Beijing Deli Solar Technology Development Co., Ltd. and its 51% ownership in Tianjin Huaneng Group, all located in the PRC. The Company manufactures and distributes hot water and space heating devices to customers in the PRC, in addition to waste heat recovery systems. For more information, please visit http://www.cn-sce.com .
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