- Industry Roundup
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China Sunergy advised that it has agreed to provide Bulgarian partner V2M, and its affiliates, with 50MW of multicrystalline PV modules for projects in Romania and Macedonia. The modules will be delivered in the third and fourth quarters of 2012. V2M will be responsible for the project development and EPC contracting for the 50MW projects in Romania and Macedonia.
China Sunergy held a market share of over 11% and 32%, respectively, in Bulgaria and the Czech Republic in 2011. At this point in 2012, the company has shipped a cumulative total of 24.38MW of PV modules to Bulgaria for solar parks and rooftop systems.
Stephen Cai, CEO of China Sunergy, emphasized his commitment to the region: "CSUN is determined to further enhance its position in Eastern Europe with strong partners like V2M. We are ready to provide our high efficiency PV products and extensive technical and project support to these up and coming markets."