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Sunvalley Sun profits in accordance with the manufacturer’s patented technology to continue to support the

Solar, Inc. (OTC BULLETIN BOARD: SSOL), solar technology, solar systems, a leading provider of integration and announced that the PV manufacturers in China to lend its support to further develop and commercialised Sunvalley has its own patented solar technology Nov … Continue reading

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NANJING, China, 3. Nov 2010/PRNewswire-Asia/–Kiinan Sunergy co., Ltd. (Nasdaq: SHALL) (“the people’s Republic of China Sunergy” or the “company”) a leading manufacturer of solar cell and module based in Nanjing, China, announced today that it has completed 100% of the CEEG (Shanghai) the divestiture of the acquisition of Solar Science & Technology co., Ltd and CEEG (Nan Jing) new Energy co., Ltd. two module manufacturers had previously linked to the Company prior to the acquisition. China Sunergy acquired through the acquisition of a total annual capacity is 480 MW module, is greater than the previous declaration is to be mentioned. These two acquired the company has a strong sales in the United States, Germany, Spain, Italy, the Czech Republic and the Association of South-East Asian region. “The acquisition will improve the people’s Republic of China Sunergy’s ability to continue to extend its manufacturing operations, as well as increase its customer base,” commented Mr. Stephen Zhifang Cai, China Sunergy and Chief Executive Officer (CEO). “We believe the acquisition of the people’s Republic of China Sunergy drive downstream photovoltaic healing and our commitment to complete in advance, vertically integrated manufacturer’s coming.” China Sunergy reiterates that the company has a strong balance sheet and will be able to fully finance the acquisition, which has been reviewed on the basis of the aggregate, approximately 46 million dollars.

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