China Sunergy Won an EPC Agreement for the Construction of a 14.5 MW Solar Power Project in the Philippines
Jan 14, 2016
NANJING, China, Aug. 6, 2015 /PRNewswire/ -- China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that its subsidiary, CSUN-Solar International Limited, specialized in engineering, procurement, and construction ("EPC") service and project development, has entered into an EPC agreement with YH Green Energy Incorporated, a Philippine-based green energy developer for the construction of a 14.5 MW solar power project. The construction of the project will begin in the third quarter of 2015, and is expected to be fully operational in the first quarter of 2016.
Mr. Tingxiu Lu, Chairman and CEO of CSUN commented, "We are delighted to cooperate with YH Green Energy on the construction of the solar power project. We believe that this transaction demonstrates our solar project experience, expansion in the south-east Asia market as well as our capability of providing solar energy solutions on a global basis, which positions us well in the steady growth of green energy industry in the years to come."