China Sunergy (CSUN) has announced a 7 year sales agreement to supply Wuxi Guofei Green Energy of China with 10 MW of moncrystalline cells each year beginning in 09 with CSUN receiving an advance payment after the signing of the agreement.

“This represents a significant domestic sales agreement for China Sunergy and secures a long-term demand for our monocrystalline cells,” remarked Dr. Ruennsheng Allen Wang, Director and CEO of China Sunergy. “The payment terms of … Read the rest