China Sunergy Builds Strategic Partnership with Larsen & Toubro
NANJING, China, April 1, 2014 /PRNewswire/ — China Sunergy Co., Ltd. (“China Sunergy” or “the Company”), a specialized solar cell and module manufacturer, today announced that the Company had completed totaled 29.5MW solar modules shipment under two separate supply agreements to Larsen & Toubro Limited (“Larsen & Toubro”), an Indian conglomerate and solar developer headquartered in Chennai, India. China Sunergy has officially advanced into Larsen & Toubro’s strategic suppliers list in solar business.
Larsen & Toubro is one of India’s leading industry conglomerates in technology, engineering, construction, and manufacturing. In solar sector, Larsen & Toubro has solidified its leading position with over 300 MW solar projects executed / under-execution so far in Indian market.
China Sunergy’s high efficient multi-crystalline modules will be deployed in two large-scale projects, including a large scale roof-top project with installation capacity of 7.5MW and 22MW ground-mounted solar projects.
Mr. Stephen Cai, CEO of China Sunergy, remarked, “With natural geographic advantages and government support, India is destined to become one of the world’s largest and most dynamic markets. We are delighted to be a strategic supplier to Larsen & Toubro and we believe that Larsen & Toubro’s outstanding market presence in India and China Sunergy’s reliable & advanced products should benefit both of us mutually and place in an excellent position to capture a greater market share in India.”