CNPV Signs Long-Term Strategic Partnership with Sinatis Europe, French Company

LUXEMBOURG and DONGYING, China, March 15 /PRNewswire-Asia/-- CNPV Solar Power SA, a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules that designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules, today announced that it has entered into a long-term strategic partnership sales agreement with Sinatis Europe, a well-known French project development and distribution company.

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Under the terms of this strategic agreement, 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," jointly stated Mr. Zhang Shunfu, CNPV's CEO and B. Veerraju Chaudary, CNPV's COO, CTO & Member of the Board. "We look forward to continuing to expand our relationship with one of our loyal strategic partners, Sinatis Europe, by providing high quality modules, premium service and a low cost industry leading platform."

Mr. 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."

About Sinatis Europe

Sinatis Europe is a French well known company and has been active in the solar photovoltaic industry more than 3 years. Sinatis Europe offers the end user services of design, project development and installation of PV Systems, using premium-quality Photovoltaic Modules from the well-recognized manufacturer CNPV Solar Power SA.

    For more information, please contact:

     B.Veerraju Chaudary,
     COO, CTO & Member of the Board
     Tel:    +86-546-779-5053
     Mobile: +86-13656-473355
     Email:  [email protected]

SOURCE CNPV Solar Power SA; Sinatis Europe