China Sunergy Co., Ltd. (CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that CEEG (Nanjing) Renewable Energy Co., Ltd, a subsidiary of China Sunergy, has won a bid to supply 260 MW of PV modules to China Power Investment Corporation, a state-owned comprehensive energy group with a term of 12 months, starting from July 2015. The modules will be utilized by China Power Investment Corporation to construct a number of ground power projects in various locations across China.
Mr. Tingxiu Lu, Chairman and CEO of CSUN commented, "We are delighted to provide our high-quality modules to China Power Investment Corporation, a leading solar energy developer. The winning of the bid demonstrates our ability and proven experience in supplying large-scale solar power plants. As the demand of solar energy products continuously grows in China, We expect the Company will further deepen its cooperation with China Power Investment Corporation, and we look forward to identifying and engaging similarly strategic opportunities in both Chinese and overseas markets in the near future."