China Sunergy’s (CSUN) wholly-owned subsidiary, CEEG (Nanjing) Renewable Energy Co., Ltd., has won a 30 MW contract from Enrich Energy Pvt. Ltd (Enrich Energy), an integrated solar energy solutions provider and a pioneer in India focused on developing large scale private solar parks across the country.
Enrich Energy will deploy CSUN's multi-crystalline modules in a ground-mounted project in India's newly formed Telangana State. The solar modules will be supplied from the company's Shanghai plant, and the shipment is expected to be completed by the end of January 2015.
Mr. Ankit Kanchal, Director of Enrich Energy said, "We are pleased to deepen our partnership with China Sunergy on this pivotal ground-mounted project in India. This will be the first private solar park in India with a Power Purchase Agreement being signed with the State Utility. "
Mr. Tingxiu Lu, Chairman and CEO of China Sunergy commented, "We appreciate Enrich Energy’s pioneering model of turnkey solutions for small and large-scale solar investors in India, and we look forward to jointly capturing additional market opportunities in the region. We believe this project win demonstrates our success in India and further validates our proactive commitment to the region in prior years. The Asia market remains our strategic priority, and we are confident to continue growing our business in the region in 2015."
