The memorandum states that KDG Energy will manufacture solar modules in France under China Sunergy’s brand name. China Sunergy will send the required components to KDG for the modules’ fabrication. The modules will be labeled as “CSUN Made in France” as the string of cells, lamination, and flash tests will be carried out in France. KDG Energy began commercial production in mid-March 2012; the first order of solar modules was delivered today to the Akuo Energy Group in Paris.
Mr. Stephen Cai, China Sunergy’s CEO, remarked, “France has always been an important market for us. KDG Energy is well recognized as a high quality, high-tech manufacturer of photovoltaic panels in France. We expect our cooperation with KDG Energy will allow China Sunergy to further develop its business in France and help China Sunergy position itself as a preferred supplier in the entire European market.”
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