China Sunergy Company is a specialized manufacturer of solar cell and module products in China for use both domestically and in export markets. The solar cells use crystalline silicon solar cell technology to convert sunlight into electricity.
The company announced today that, in conjunction with China Electric Equipment Group (CEEG), it had signed a letter of intent with DuPont China Holdings for strategic collaboration relating to solar technologies and materials, power transformers, insulation, and aircraft composite materials. The agreement with the subsidiary of one of the world’s most respected companies, DuPont (NYSE: DD), is for a period of three years.
DuPont has had a commercial relationship with CEEG for over 15 years. This company’s chairman, Tingxing Liu, also happens to be the chairman of China Sunergy, so China Sunergy’s collaboration with Dupont should be a smooth one.
The collaboration offers benefits to all three parties. It is hoped that this agreement will help advance the development of new and improved technologies and product quality improvements, further increasing efficiency and overall system cost reduction of China Sunergy’s products to help them reach grid parity pricing quicker. Grid parity – offering power at a price equal to or less than other sources – is the goal of all alternative energy projects.
For further information about China Sunergy and its products, please visit the company’s website at www.chinasunergy.com
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