China Sunergy Co. Ltd., a solar cell manufacturer based in Nanjing, China, has entered into a supply agreement with asola Advanced and Automotive Solar System GmbH, a German module manufacturing company. Under the agreement, China Sunergy will supply a total volume of 10.2 MW of solar cells to asola during 2008.
‘I am very glad to have found China Sunergy, who I view as a valuable partner for our 2008 expansion plans and beyond,’ comments Reinhard Wecker, CEO and president of asola. ‘As we look to develop our business in new markets such as the U.S., Italy and Spain, we would like to double or even triple our purchase volumes from China Sunergy each year.’
Both companies say they will explore the possibility of further cooperation between 2009 and 2012.