BEIJING (dpa-AFX) - China Sunergy Co., Ltd. (CSUN), a specialized solar cell and module manufacturer, announced Monday that its wholly-owned R&D subsidiary, China Sunergy (Nanjing) Power Science & Technology Co., Ltd. has entered into a strategic collaboration agreement with the 48th Research Institute of China Electronics Technology Group Corp.
The deal is to jointly accelerate research and development, deployment and marketing of photovoltaic technology and products.
The Research Institute is a research and production enterprise selected as a model organization among China's solar photovoltaic industry by the Ministry of Science and Technology and the People's Government of Beijing Municipality.
The Institute is one of the largest suppliers of photovoltaic equipment in China.
Jianhua Zhao, Chief Technology Officer of China Sunergy, said, 'For this strategic collaboration, we mainly aim to co-declare scientific research, co-research photovoltaic materials and equipment, and co-develop solar projects. We believe the combination of our leading technology and the Research Institute's expertise in photovoltaic equipment and large user base will accelerate the development and monetization of innovations.'
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