The shipping of the modules is expected to commence in the latter half of 2012.

Commenting on the company’s Eeastern European projects China Sunergy CEO Stephen Cai emphasized that the company is determined to further enhance its position in region with strong partners like V2M.

V2M, the developer and EPC contractor for the Romanian and Macedonian ventures, has secured a project and bridge loan from the Japanese-Bulgarian Tokuda Bank.

The company recently completed the 2.2MW Orlova Mogila solar park on Bulgaria’s Black Sea coast using PV modules supplied by CSUNhina Sunergy.

V2M Managing Director Valeri Yankov said that the modules installed its Orlova Mogila project have been performing better than expected.

"We are delighted by the level of professional support provided by China Sunergy and by the high quality of CSUN photovoltaic modules" added Yankov.