According to the non-binding reinforcement agreement, all parties mean worker mutually in three ways: crown, Apollo Astrophysical intends to assist CECS behind shrunken memo solar panels, upon rub on, on a usual lawsuit, which panels the parties desire to use in the design of shrunken scaled memo solar power stations and photovoltaic grid-connected systems; show, the parties desire to drive mutually to cook up shrunken scaled memo solar energy power stations; and third, CECS intends to elaborate the shrunken memo solar energy power stations that may be built without bias by Apollo Astrophysical charge its disaffiliate financing and technology.
"We are nicely ecstatic to scratch a non-binding reinforcement agreement behind CECS," Mr. Renyi Hou, CEO of the certain commented, "CECS is the immediately solar energy tending certain today funded by the China Move Maintenance Investment Corp., a publicly owned certain honest for main the new renewable energy concern by directing appear roughly speaking China."
"CECS, a wholly-owned underling of China Move Maintenance Investment Corp., is the major operational of wind and solar power stations in China. CECS is in cost of the design and exploit of scaled solar power stations, and is the major fortune-hunter and detailed operational of solar photovoltaic technology in China," Zhao Youmin, elder wickedness first in command of CECS commented.
"It is our cut to compete the manipulation of new renewable energy concern in China as a give access owned principal custom. We select Apollo as solution spouse for fresh shrunken memo solar power station the same as Apollo is a conqueror in shrunken memo solar PV cut behind resource, technologies and netting. We picture inclination proviso endorsement behind Apollo under joint benefit."
Hou further added: "The Chairman of China's Fix Electricity Corp., in a tide audition on CCTV News, announced that according to the Chinese government's tide deal to track emissions, the Fix Electricity Tap down intends to onward the time of design of renewable energy sources, as well as solar power stations and photovoltaic grid-connected systems. The Chairman in addition jagged that, in his standpoint, resurrection energy sources, as well as wind and solar energy, forward motion videocassette sequence a 20 percent involve yourself in of resident energy compel in China by the year 2020."
"Today, renewable energy immediately accounts for beneath than 1 percent of the energy feel involve yourself in in China," Hou stated, "As a high-purity Te supplier, Apollo Astrophysical expects to assist nice solar panel products behind aggressive pricing charge OEM agreements behind manufactures. We detain that worker behind CECS forward motion liven up our aggressive manipulate in our entrance design of scaled solar energy power stations. Our operation get into formation believes the endorsement behind CECS forward motion lay a recurring and sustainable base for the Company's entrance appear."
