July 29, 2009

Shanghai, China: Solarfun Receives 14.2 MW Module Order

Solarfun Power has received a 14.2 MW module order from Nobility Solar Projects for delivery during the second half of 2009. Nobility, a distributor of solar products in Eastern Europe, is Solarfun's distribution partner in the region.

Peter Xie, President of Solarfun, commented, "Eastern Europe, and specifically the Czech Republic, is a good new developing market for solar products. Our agreement with Nobility demonstrates our ability to not only penetrate new markets, but also quickly increase high quality, high efficiency PV module shipment volumes. Nobility is the leading distributor of solar products in Eastern Europe and we are pleased to be a part of this growing business relationship. This agreement also reflects an improvement in demand that we see for our business in the second half of the year."

Lubomir Bures, Vice President of Nobility, declared, "This agreement secures Nobility a strong bankable partner for module deliveries. Through this partnership, Solarfun gains a significant market share in the Czech Republic and other Eastern European countries, which would be very hard to achieve without a strong local partner."

Further details about: Solarfun and Nobility Solar Projects