China Sunergy (CSUN) Announces Sales Contract With Nu Energy

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09:51:54 am on August 31, 2009

China Sunergy just announced a new sales contract with NUE PTY Ltd, aka “NU Energy,” an Australian PV firm. Under the contracts, China Sunergy expects to ship Nu Energy 10MW of monocrystalline solar modules by early 2010. Shipments started in June of this year, and an ongoing sales relationship between the two companies is expected.

In  a company press release, executives from both companies commented on the contracts:

“Australia represents another new market for China Sunergy, and our successful signing of multiple sales agreements with this new customer is a positive indication of our ability to deliver high-quality solar power products globally,” commented Dr. Ruennsheng Allen Wang, Director and CEO of China Sunergy.

“Our dedicated sales efforts continue to generate results, both domestically and internationally, as we look to further diversify our sales channels.” NU Energy Chief Executive Officer Simon Schauble said, “NU Energy is one of Australia’s largest solar companies, and these orders, totalling 10MW, show the strong confidence we have in our ongoing partnership with China Sunergy.”

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