DRESDEN, Germany, October 18, 2010 /PRNewswire/ -- AE Photonics GmbH Co. KG, a leading supplier of photovoltaic plants and components in Germany and Europe, is pleased to announce that the company signed a framework agreement with Changzhou EGing Photovoltaic Technology Co., Ltd. EGing is a vertical integrated photovoltaic company located in eastern China with a production capacity of 500 MWp.

The agreement contains deliveries of high performance photovoltaic modules with for now a total amount of 20 to 40 MW in 2011. Initial containers will be delivered in 2010. The partnership shall be extended within the coming years.

We are very pleased having acquired a new capable partner for the delivery of PV modules. That gives us the ability to offer an extended product portfolio to our clients and we maintain flexibility, said Marco Lamsouguer, CEO of AE Photonics GmbH Co. KG. Moreover, the partnership will support the enforcement of upcoming projects like those in the Italian or Moroccan PV markets.

About AE Photonics GmbH Co. KG

AE Photonics GmbH Co. KG is a leading wholesaler in the European photovoltaic market, based in Dresden and with further locations, including Italy. As an independent trade company, AE Photonics is a distribution partner of important module, cell and wafer producers like Trina Solar and CNPV Solar Power. AE Photonics offers the whole range of services, from planning solar projects up to building and selling fully installed power plants in Germany and abroad and achieved constant growth in previous years. Visit http://www.ae-photonics.com .

About Changzhou EGing Photovoltaic Technology Co., Ltd.

EGing Photovoltaic Technology was founded in 2003 as a manufacturer of silicon ingots and has emerged as one of the leading vertically integrated solar PV companies. By the end of 2010, EGing will have reached a capacity of 500 MWp and will become one of the largest vertically integrated mono crystalline solar PV companies. Visit http://www.egingpv.com .

SOURCE: AE Photonics GmbH SOURCE: Co. KG

CONTACT: Marco Lamsouguer, Chief Executive Officer, AE Photonics GmbH Co. KG, Loschwitzer Str. 37, 01309 Dresden, Deutschland, +49-35131209833(TEL), +49-35131209855 (FAX), m.lamsouguer@ae-photonics.com; Mr. GeorgeYang, International Sales Department, Changzhou EGing PhotovoltaicTechnology Co., Ltd, No.18 Jinwu Road, Jintan, Jiangsu province, P.R.C atTel: +86-519-8258-8808, +86-519-8258-8999, Fax: +86-519-8258-8999,+86-519-8258-1868 or george.yang@egingpv.com