China Sunergy announced that it had recently signed a 7.8MW solar modules sales contract with the energy unit of Urban Group Australia, Urban Group Energy. The solar modules are scheduled to complete delivery by the end of August. China Sunergy noted that during Q1 2012, Australia accounted for 18% of its total shipments.
Adam Pearse, executive director and CEO of Urban Group Australia said, “We have had a business relationship with China Sunergy since 2010 and the company has consistently provided us with high quality and efficient solar modules. The Australia solar market is growing and ripe with opportunity. The nation's total solar installation reached around 753MW in 2011 according to Solarbuzz data, and we are expecting to grow that number this year with more power purchase agreements, projects and large scale power plants. By cooperating with China Sunergy, we believe we can both expand market share in this promising market, resulting in a win-win situation for both of us.”
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