SolarFun (SOLF) In Agreement With Meridian Neue Energien GmbH

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11:50:13 am on October 20, 2009

Solarfun just announced that it has signed a supply contract with Meridian Neue Energien GmbH. Under the contract, Solarfun will provide Meridian with 5MW of solar PV modules, which are expected to be connected to the grid by December of this year.

In a press release, Henry Bolz, Managing Director of Meridian Neue Energien, explained why his company chose Solarfun:

“European, and in particular German, companies active in the PV market insist on
extremely high quality production standards from their suppliers. Solarfun has
demonstrated that it is more than capable of living up to these expectations.
They have built a strong track record over the years and we are certain that
their 25-year PV module limited warranty will support our anticipated power
output and forecasted investment returns.  As owner and operator of large PV
projects, we insist on comprehensive tests and quality controls.  We have
found that these can only be passed by manufacturers with a long history in
the market, and we certainly believe that Solarfun meets the level of
excellence that we expect.”

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