Pursuant to the signed contract, China Sunergy will supply Solarwatt with high efficiency mono-crystalline solar cells at fixed prices, starting in January of 2009 and continuing at a consistent level throughout the year, for a total delivery volume of 22MW.
Ruennsheng Wang, director and CEO of China Sunergy, said: “I am pleased to have signed this agreement with Solarwatt. We have been successful in securing sales agreements with companies.”
Earlier in October 2008, China Sunergy announced that it has entered into a multi-year agreement for a supply of high quality 8 inch single crystal silicon ingot with the Japanese Hitachi High-Technologies Corporation and its affiliate (HHT). Under the agreement, HHT will supply a total volume of 1,472 tons of silicon ingot from September 2008 through the end of 2011, which will support the production of approximately 210MW of solar cells during the contractual term.
China Sunergy is a manufacturer of solar cell products in China. The company manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect.
