Photovoltaic engineering company OSolar Ltd is expanding its global presence with a long-term strategic partnership with Longyuan (Beijing) Carbon Asset Management Technology Co., Ltd, a subsidiary of China Guodian Group. OSolar has signed a 1MW tracking system sales agreement with Longyuan.
Under the terms of the contract, OSolar along with Longyuan will supply 1MW of single-axis tracking systems to the Longyuan Golmud Solar PV power station which is expected to be on-grid by the end of this year, in Golmud Qinghai Province, China. OSolar also will provide basic design and technical consulting services for this project.
Jihun Kim, CEO of OSolar stated, “This contract with Longyuan means much to us. Since we made an alliance agreement with Longyuan in October 2009, this is our first fruit of the partnership. We are looking forward to making further strengthened and close relationships for the promising Chinese PV market.”
Wang Yao, General Manager of Longyuan (Beijing) Carbon Asset Management Technology Co., Ltd., commented, “We are very pleased to have this new contract and strategic alliance with OSolar. We could maximise synergy with its knowhow in the PV industry and Longyuan’s various experiences in new energy development business.”
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