On November 15th, 2012, China Sunergy Co. Ltd. (Nanjing, China) announced that it has signed a solar photovoltaic (PV) modules supply agreement with Oskomera Solar Power Solutions BV (OSPS).

Under the agreement, China Sunergy will ship up to 7 megawatts (MW) of polycrystalline PV modules to Oskomera Solar Power for residential roof-top projects in the Netherlands, covering 2,500 Dutch households.

"We are delighted that OSPS, this important player in the European solar market, has chosen to partner with China Sunergy, which marks our successful expansion in European budding markets," China Sunergy Chief Executive Officer (CEO) Stephen Cai stated.

Netherlands solar market will be growing due to new subsidies

The Dutch market will grow even faster due to a new governmental incentive published by NL Agency for house owners, providing a 15% buy down subsidy for solar PV equipment. Based on data released by Statistics Netherlands (Central Bureau of Statistics), solar installation in 2011 has reached 40 megawatt (MW). The market is expected to be with huge growth potential this year.

2012-11-20 | Courtesy: China Sunergy | solarserver.com © Heindl Server GmbH

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