27 September 2011
From left, Bypina Veerraju Chaudary (COO and CTO, CNPV), Mr. Jesse Stubbs (CEO, Solar Solutions)CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of Luxembourg and a leading integrated manufacturer of solar photovoltaic products, announced today that they have signed a Master Distribution Agreement for Residential and Commercial installations with Solar Solutions and Distribution LLC of Denver, Colorado.
Under the terms of this strategic agreement, CNPV will supply Solar Solutions with a total of 100MWp of high performance PV Modules from 2011 to 2013, which includes 10MWp of scheduled delivery during 2011. The remaining 40MWp and 50MWp are scheduled for delivery in 2012 and 2013 respectively. This agreement has within its terms an aggressive detailed program of expansion that will lead to considerable increases on the initially stated volumes. Specifically created to provide coast to coast, instant response and 24 hour delivery, the Solar Solutions infrastructure and affiliated regional partners anticipate extensive further market penetration within their existing customer base of residential and commercial consumers.