Thursday, December 11, 2008

China Sunergy, Solarwatt sign sales agreement


NANJING, CHINA: Solar cell manufacturer China Sunergy has entered into an agreement with German solar module manufacturer Solarwatt AG to provide 22 MW of solar cells in 2009.

China Sunergy will supply Solarwatt with high efficiency mono-crystalline solar cells at fixed prices beginning in January 2009 and continuing at a consistent level over the rest of the year.

"I am pleased to have signed this agreement with Solarwatt, a leading firm within one of the most dynamic solar markets in the world,"said China Sunergy CEO and Director Dr. Ruennsheng Allen Wang.

"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."

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