News Article
CNPV Does A Deal To Supply 60MWp
CNPV Signs Long-Term Strategic Partnership with AE Photonics
Solar Power SA has announced that it has entered into a long-term strategic partnership sales agreement with AE Photonics, an east-German leading photovoltaic company in roof top and ground-based power plants project development, installation and distribution company.
Under the terms of this strategic agreement, CNPV will supply AE Photonics with a total of 60MWp of high performance PV Modules from 2010 to 2012, which includes 10MWp of scheduled delivery during 2010. The remaining 20MWp and 30MWp are scheduled for delivery in 2011 and 2012 respectively.
"We are very pleased to announce this new strategic partnership with AE Photonics, to further strengthen the existing well established partnership. Our strategic partnership with AE Photonics 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 and Italian solar markets," commented B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board. "We look forward to continuing to expanding our relationship with one of our loyal strategic partners AE Photonics by providing high quality modules, premium service and a low cost industry leading platform."
CNPV has an excellent reputation for delivering premium quality; high power output PV Modules and AE is proud of this new strategic partnership agreement with CNPV. We consider this as a continuation of our good relationship with CNPV to use their high performance and quality modules in our projects and to offer their premium service to our customers in Germany and rest of the Europe," commented Mr. Marco Lamsouguer, CEO of AE Photonics GmbH & Co. KG. "Renewable energy solutions will no doubt play an increasingly important role in the total energy mix, and AE is committed to supporting broader adoption of these technologies."
Under the terms of this strategic agreement, CNPV will supply AE Photonics with a total of 60MWp of high performance PV Modules from 2010 to 2012, which includes 10MWp of scheduled delivery during 2010. The remaining 20MWp and 30MWp are scheduled for delivery in 2011 and 2012 respectively.
"We are very pleased to announce this new strategic partnership with AE Photonics, to further strengthen the existing well established partnership. Our strategic partnership with AE Photonics 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 and Italian solar markets," commented B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board. "We look forward to continuing to expanding our relationship with one of our loyal strategic partners AE Photonics by providing high quality modules, premium service and a low cost industry leading platform."
CNPV has an excellent reputation for delivering premium quality; high power output PV Modules and AE is proud of this new strategic partnership agreement with CNPV. We consider this as a continuation of our good relationship with CNPV to use their high performance and quality modules in our projects and to offer their premium service to our customers in Germany and rest of the Europe," commented Mr. Marco Lamsouguer, CEO of AE Photonics GmbH & Co. KG. "Renewable energy solutions will no doubt play an increasingly important role in the total energy mix, and AE is committed to supporting broader adoption of these technologies."
