China Sunergy (CSUN) Wins 1.1MW Solar Supply Deal In Switzerland

Posted by Tate Dwinnell | # |
06:54:42 pm on January 12, 2011

China Sunergy (CSUN) announced today it’s won a 1.1 MW solar module supply contract in Switzerland and will supply Sunergic which is one of Switzerland’s leading solar system integrators.

"We are very pleased to partner with Sunergic S.A. on one of the largest PV solar projects in Switzerland," said Mr. Stephen Zhifang Cai, CEO of China Sunergy.  "This partnership demonstrates our concerted efforts to explore new markets. We believe there will be more opportunities like this in the following months as a result of our strategy."

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Shares of CSUN were up about 4% today and are much improved technically in recent days, trading above both the 50 and 200 day moving averages.

 

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