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CNPV Signs Long Term Sales Agreement with 2COR9 Energy in Northern California


News provided by

CNPV Solar Power SA , 2COR9 Energy

11 Jul, 2011, 07:00 GMT

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LUXEMBOURG and DONGYING, China, July 11, 2011 /PRNewswire/ --

CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of Luxembourg and a leading integrated manufacturer of solar photovoltaic products, announced today that they have signed a three year sales agreement with 2COR9 Energy, a leader in clean energy innovation.

(Logo: http://photos.prnewswire.com/prnh/20081103/CNM010LOGO )

Under the terms of the agreement, 60MWp of CNPV's Premium range solar PV modules will be integrated into 2COR9 Energy's program of allowing businesses to save money and protect the environment. With 10MWp, 20MWp and 30MWp ramping up through 2011, 2012, and 2013 respectively, both Companies are confident that their success is assured.

Chris Schuring, CEO of 2COR9 Energy expanded, "Our choice of CNPV came after deep investigation into further fulfilling of our market needs. We require a provider who is in tune with our service requirements, an ability to provide real answers to our remit of saving our customer's money, and of course allowing us to expand and be profitable at the same time."

"Our timing and strategy for the American Market has always been clearly defined," explained Mr B. Veerraju Chaudary, CNPV's COO and CTO. "we required key elements to be in place before proceeding. 2COR9 Energy significantly addresses the respective elements within our sales policy; their knowledge, reach, and focus, coupled with their ethos of solution provision to clearly defined ideals, tick all of our criteria. We are delighted to have established their confidence and with the implementation of this agreement together we can further deliver tangible real world results to the American solar photovoltaic market."

Both Companies focus on cost effective energy management and provision make them an ideal fit. Seen together, the boundaries between the customer and the raw materials chain are now dissolved. End users can feel and experience firsthand the end to end benefits of an integrated supply chain.

About CNPV

CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Solar Power Company Limited, is a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules. CNPV designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules. Please visit CNPV's website at http://www.cnpv-power.com.

About 2COR9 Energy

2COR9 Energy is a leader in clean energy innovation that allows businesses to save money and protect the environment by providing customers a turnkey and highly efficient solar solution. With projects and operations throughout the United States, the company is leading the way in promoting clean energy growth as well as creating real green jobs. 2COR9 Energy was established as a Solar Integration company focused exclusively on commercial solar photovoltaic projects and utility feed-in tariff jobs mainly in the United States, but not limited by borders.

For more information, please contact:

CNPV Solar Power SA
B. Veerraju Chaudary, COO, CTO & Member of the Board
Phone: +86-13656-473355
Email: chaudary@cnpv-power.com

2COR9 Energy
Chris Schuring, CEO
Address: 1620, Santa Clara Drive, #115, Roseville, CA 95661, USA

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