Solar firm Astronergy forms partnership with SPG Solar

Hangzhou, China, July 9, 2010 — Astronergy (also known as Chint Solar) announced a supply agreement with California-based SPG Solar, where it will be providing 2.2 MW of polycrystalline silicon modules for SPG’s solar rooftop project in Florida. Module shipment will begin in July.

This agreement represents Astronergy’s entrance into the Florida photovoltaic market. The companies will provide the varied projects with high quality solar modules, including their monocrystalline, polycrystalline and high-efficiency thin film modules.

“The U.S. PV market is one of the markets with the greatest potential,” said Astronergy CEO Liyou Yang, “It’s only a matter of time that we see the U.S. photovoltaic market take-off, given the Obama administration‘s support for renewable energy. Florida is also located in the most sunshine abundant region of the US, so we’re very excited to provide SPG Solar with our panels, and look forward to both our companies’ growth. “

The partnership with SPG is a natural continuation of Astronergy’s growing presence in the U.S. “Our quality products and services will now be available to a greater portion of the U.S. and Canada,” said Astronergy’s Chief Sales and Marketing Officer, Alan Yuan, “Astronergy’s US branch in California will be able to maintain close contact with customers and provide them with local logistical support.”

SPG’s confidence in the quality of Astronergy products was a key factor in securing the contract between the two companies. “I have personally toured Astronergy’s factories in China, including a hands-on review of their entire manufacturing line, and as a result we are looking forward to using Astronergy’s quality modules for this project,” said SPG Solar’s CEO, Thomas Rooney. “We have a rigorous vendor selection process and welcome Astronergy as a new supplier for our work in the U.S. market.”


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