Tianhua Sunshine Signs a 33 Million Euro PV Plant Investment Agreement

On October 23, 2011, at the invitation of the Greek parliament President Petchanikos, Jia Qinglin, the chairman of the National People's Political Consultative Conference of the People's Republic of China, and his entourage arrived at the Athens International Airport and began a five-day official friendly visit to Greece. During the visit, Chairman Jia Qinglin attended a memorandum of understanding between the Chinese and Greek governments on strengthening cooperation in the field of infrastructure construction and signing ceremony of four cooperation documents between enterprises. Among them, the only contracted project in the field of renewable energy is: Ms. Zhang Yi, CEO of Tianhua Sunshine, on behalf of Tianhua Sunshine Holdings Co., Ltd. and Greek Mediterranean Group, signed the “33 million euros investment agreement for photovoltaic power plant”, which has attracted people from all walks of life in Greece and the international community. The widespread concern.

Photovoltaics, as a leader in the renewable energy industry in Greece, is also a critical point in the economic crisis of the Greek government and even EU countries, with high expectations and high economic growth points.

After the signing ceremony, Ms. Zhang Yi said at the following welcome dinner of the Greek business community: “Tianhua Sunshine is a global professional PV terminal power station development and investment and financing company. As the only company in the world originating from China and standing in Greece. For terminal power station developers/investors, our independently developed Greek photovoltaic power station project has a total of more than 100 megawatts; at the same time, thanks to the technical capabilities and investment and financing capabilities of Tianhua Sunshine, we have also won many collaborators and Tianhua. Cooperation and joint investment in power station projects, including a total investment of 40 megawatts in Greece's solar terminal power station at the end of 2011, and the 33 million investment framework agreement that we signed today is just one part of it.Investment in the development of renewable energy/solar energy In the field, Greece enjoys unique natural conditions and economic conditions - light/wind resources are sufficient, there is a gap in electricity demand, and land resources suitable for installation of solar power plants are abundant... We are confident of the renewable energy law and investment policies of Greece Next year, we will join hands with China’s sovereign funds and our partners. We continued the pace of Greek solar power plant investment, manufacturing and China for the Chinese capital, "going out" can bridge the same time also to force Greece to boost economic contribution of micro-Bo! "

Just as Chairman Jia at the dinner party expressed his expectations and suggestions for the new energy sector in the economic and trade cooperation between China and Greece: "China and Greece have similar plans and cooperation aspirations in the areas of sustainable development such as clean development mechanism, clean energy technology and environmental protection. In the next five years, China will vigorously develop new energy sources and promote the adjustment of its energy structure. Greece has abundant new energy resources, abundant sunshine, and vast mountains and seas with broad prospects for development. The Greek government has also introduced many preferential policies for the development of clean energy. The enterprises of the two countries have seized the opportunity for cooperation and actively explored investment and cooperation in the areas of new energy, energy conservation and environmental protection, and cultivate new growth points for bilateral economic and trade relations."

About Tianhua Sunshine Holdings Co., Ltd. Sky Solar Holdings Co., Ltd. completed the reorganization in September 2009 based on the related companies of Tianhua Sunshine Group. The company is a global multinational company engaged in the development, investment, financing, technology research and development, engineering design, construction and operation management of new energy power projects with photovoltaic as the core. The headquarters is located in Shanghai, China.

At present, Tianhua Sunshine Holdings Co., Ltd. has established ten global major PV markets in Europe (Germany, Czech Republic, Greece, Bulgaria, Spain, Italy, France, etc.), Asia (China, Japan), and North America (Canada, United States). More than one subsidiary company, in addition, the photovoltaic industry chain quality control centers and engineering and technical support centers have been established in Changzhou and Germany, China, and hundreds of highly experienced engineers and technicians have been involved in the development, operation and maintenance of photovoltaic engineering projects. Provide strong technical support.

Tianhua Capital (Europe) was established in Luxembourg and became Tianhua's project investment and financing center in Europe. Tianhua Clean Energy Technology Center was established in Madrid, Spain, and is dedicated to R&D and promotion of renewable energy technology products and applications. The company has formed a complete, standardized and efficient management system and highly competitive business development strategy layout and model. Tianhua Sunshine Company has successfully developed, constructed and delivered to customers in the Czech Republic, Germany, Spain, Japan, Greece and other countries a number of large-scale open space and commercial rooftop photovoltaic power station projects.