Order Focus: CNPV signs long-term sales agreement with Sinatis Europe

CNPV Solar Power has entered into a long-term strategic partnership sales agreement with Sinatis Europe, the French project development and distribution company. Under the terms of the contract, CNPV will supply Sinatis Europe with a total of 50MWp of PV modules from 2010 to 2012, which includes 10MWp of scheduled delivery during 2010. The remaining 15MWp and 25MWp are scheduled for delivery in 2011 and 2012, respectively.

"We are very pleased to announce this new strategic partnership with Sinatis Europe, to further strengthen the existing well established partnership with Sinatis Europe. Our strategic partnership with Sinatis Europe is a significant success for us in aligning ourselves with a proven multiregional energy developer with growing opportunities in established and emerging photovoltaic markets. This new contract will significantly help to grow new projects in France and North African solar markets," said Zhang Shunfu, CNPV's CEO and Veerraju Chaudary, CNPV's COO, CTO and member of the board.

Gerard Deleens, CEO of Sinatis Europe said, "CNPV Solar Power is a leading supplier of premium quality, high performance solar modules in the French market. CNPV premium module series are highly recognized by our customers as a product with one of the leading and best energy production ratios."

"We are very pleased to expand our strategic partnership with CNPV, which will allow us to provide long-term superior solutions to the attractive solar market in France and North Africa, especially 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 France and North Africa."