On August 27，CTIEC signed a general contract of 48MW PV power station with Japan East Asia Group (JEAG). CTIEC will provide general contracting services of design, equipment & material supply, construction, installation, debugging and staff & technology training for JEAG projects distributed in 7 areas in Japan. The first project of 2MW PV power station in Chiba, Japan will start up therewith.
On the same day, Mr. Peng Shou, chairmen & president of CTIEC, signed a memorandum of cooperation with Osamu Hosokubo, CEO of JAIC（Japan Asia Investment Co., Ltd.）. They reached a series of consensus on developing solar power business in Japan, laying a foundation for future cooperation.
Since Japanese government announced new subsidy policy of PV power generation on July 1, 2012, the large PV engineering companies around the world have focused on the Japanese market. CTIEC has also paid a close attention to Japanese PV market. After persistent efforts, CTIEC has greatly obtained PV power station business around Japan. The first PV power station EPC contract of Japan 50MW contract signed in May this year-2.3MW Fukushima NO.1 project has been executed on August 27, marking that Japanese PV projects have entered construction stage.