CTS Solar Orders 21-MW of CNPV Modules

Under the terms of this strategic agreement, CNPV will supply CTS Solar with a total of 21 megawatts (MW) of PV modules from 2010 to 2012, which includes 5 MW of scheduled delivery during 2010. The remaining 6 MW and 10 MW are scheduled for delivery in 2011 and 2012 respectively.

"We consider this as a continuation of our good relationship with CNPV to use their high quality modules in our projects and to offer their premium service to our customers in Germany and Austria," said Clause Romankiewicz, CEO of CTS Solar.

CNPV has sold more than 50 MW in modules already this year, said the company. Earlier this month, CNPV entered into a long-term strategic sales agreement with Techbank Company Limited, a South Korean PV  company that develops and sells turnkey photovoltaic (PV) power plants. Under the terms of that agreement, CNPV will supply Techbank with a total of 36 MW of PV from 2010 to 2012.