CNPV Solar Power has signed a long-term strategic partnership sales agreement with Volthaus to supply 35MW of crystalline-silicon photovoltaic modules over the next three years. The terms of the deal call for the vertically integrated Chinese solar manufacturer to deliver 10MW of modules to the south German project developer/installer during 2010, with the remaining 10MW and 15MW delivered in 2011 and 2012, respectively.
Financial terms of the agreement were not disclosed.
“We are very pleased to announce this new strategic partnership with Volthaus, to further strengthen the existing well-established partnership,” said Zhang Shunfu, CNPV’s CEO, and B. Veerraju Chaudary, CNPV’s COO/CTO and board member, in a joint statement. “Our strategic partnership with Volthaus 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 markets such as the German, Czech, and Turkish solar markets. We look forward to continuing to expanding our relationship with one of our loyal strategic partners Volthaus by providing high-quality modules, premium service, and a low-cost industry-leading platform,” they added.
“We consider this as a continuation of our good relationship with CNPV to use their high-quality modules in our projects and to offer their premium service to our customers in Germany, Czech Republic, and Turkey,” commented jointly Sabine Bachner, Volthaus CEO, and Peer Uhlemann, CPO and division manager.
The deal marks the second module supply agreement announced recently by CNPV, following a 20MW arrangement signed with Delta Sud.