ICP Solar Reaches Deal for PV Modules

ICP Solar Technologies Inc. announced that it has signed a two-year supply agreement with Shanghai Electric Solar Energy Co. The agreement calls for delivery of solar modules to ICP Solar and has helped secure a majority of the modules the company needs for production in 2008.

“This two year agreement enhances our position as a developer of innovative solar solutions,” said ICP Solar CEO and Chairman, Sass Peress. “This deal ensures that we will receive timely supply of solar modules at favorable prices and payment conditions in a market of tight supply and coupled with the company’s existing supply agreements.”
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