October 21, 2009

Shanghai, China: Solarfun Receives Module Order from Meridian Neue Energien

Solarfun Power has signed a contract to deliver five megawatts of PV modules to Meridian Neue Energien GmbH, a leading new energy project developer in Germany. The PV modules will be applied to six roof top projects, which are expected to be completed and grid connected in December 2009.

Henry Bolz, Managing Director of Meridian Neue Energien, commented, "European, and in particular German, companies active in the PV market insist on extremely high quality production standards from their suppliers. Solarfun has demonstrated that it is more than capable of living up to these expectations. They have built a strong track record over the years and we are certain that their 25-year PV module limited warranty will support our anticipated power output and forecasted investment returns. As owner and operator of large PV projects, we insist on comprehensive tests and quality controls. We have found that these can only be passed by manufacturers with a long history in the market, and we certainly believe that Solarfun meets the level of excellence that we expect."

Peter Xie, President of Solarfun, added, "We are pleased to sign this agreement with such a reputable and well established company. Meridian Neue Energien has stringent standards for the PV modules that they use and we are happy that they selected us for this project."