CNPV Solar Power has entered into a long-term strategic partnership sales agreement with AE Photonics, the east German rooftop and ground-based power PV plants project development, installation and, distribution company.
Under the terms of the contract, CNPV will supply AE Photonics with 60MWp of PV modules from 2010 to 2012, including 10MWp of scheduled delivery during 2010. The remaining 20MWp and 30MWp will be delivered in 2011 and 2012, respectively.
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“This new contract will significantly help to grow new projects in markets such as the German and Italian solar markets,” said B. Veerraju Chaudary, CNPV’s COO, CTO and member of the board.