Solar EnerTech Announces $8M Sale & OEM Agreement

Menlo Park, California [] Solar EnerTech Corp. has signed an $8 million interim sales agreement with Shanghai Very Sun Technologies Co., Ltd. for the sale of 2 megawatts (MW) of solar cells and modules to be delivered throughout 2007. Solar EnerTech would supply Very Sun with solar cells and modules and manufacture OEM orders on Very Sun’s behalf, and Very Sun would assemble OEM modules using Solar EnerTech’s solar cells.
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