Universal Solar Technology signs USD$32.6 million contract with Czech electricity producer

The contract calls for the delivery of 20 megawatts (MW) of monocrystaline solar modules to be delivered by the end of this year.

Wensheng Chen, chairman and CEO said: "This large contract confirms that Universal Solar’s products are of international standards and reinforces our business expectations. We have focused our marketing efforts on sales in China, India and the EU. With its expertise, new factory and production equipment, we expect UNSS will grow quickly becoming a highly efficient supplier to a very rapidly growing market for solar PV products."