CNPV Solar Power SA has recently announced that it has entered into a long-term strategic partnership sales agreement with Galip Solar GmbH, a well-known Project development and distribution company in Germany.
Under the terms of this strategic agreement, CNPV will supply Galip Solar with a total of 60MWp of PV Modules from 2010 to 2012, including 10MWp of scheduled delivery during 2010. The remaining 20MWp and 30MWp are scheduled for delivery in 2011 and 2012, respectively.

“We are pleased to announce this strategic partnership with Galip Solar, to further strengthen the existing partnership. Our strategic partnership with Galip Solar is a significant success for us in aligning ourselves with a proven multi-regional energy developer with growing opportunities in established and emerging photovoltaic markets. This contract will help to grow new projects in solar markets like Germany, Africa and Turkey,” stated jointly Mr. Zhang Shunfu, CNPV’s CEO & B. Veerraju Chaudary, CNPV’s COO, CTO & Member of the Board. “We look forward to expanding our relationship with one of our loyal strategic partners, Galip Solar, by providing high quality modules, premium service and a low cost industry leading platform.”

“Galip Solar GmbH is proud of this new strategic sales agreement with CNPV. 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 central Germany,” commented Mr. Alexander Galip, CEO of Galip Solar.

About CNPV

CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Photovoltaic Power Company Limited, is a leading multi-product solar company that produces ingots, wafers, cells & solar modules, and has strong presence in the solar photovoltaic space that designs, manufactures and supplies highly efficient and cost effective terrestrial crystalline solar photovoltaic modules. Reliability & longevity are built into our world-class crystalline solar photovoltaic modules, which undergo rigorous internal tests and external certifications (IEC61215, IEC61730, UL, and CE) to ensure peak performance and safety. For further information please, visit CNPV’s website at http://www.cnpv-power.com

About Galip Solar GmbH

Galip Solar GmbH is a well-known company active in the solar photovoltaic industry more than 5years. Galip Solar offers end user services of design, project development and installation of PV Systems, using high-quality Photovoltaic Modules from the well-recognized manufacturer CNPV Solar Power SA. For further information, please visit Galip Solar GmbH’s website at: http://www.galip-solar.de

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