Upsolar Reaches Shipment Milestone in Greek Market

PARIS – June 12, 2012– Upsolar, a leading international provider of solar PV modules, today announced a major supply agreement in Greece, delivering 1.2 MW of photovoltaic modules to RSEnergy Hellas Solartechnik Ltd. (RSEnergy), one of Greece’s premier energy engineering, procurement and construction (EPC) firms.
 
In just over two years, Upsolar Greece has made rapid progress locally, shipping a total of 33 MW of PV modules since its first sale in March of 2010.  With “Made in EU” panels certified by the Industrial Certificate for Mechanics (ICIM), Upsolar customers are eligible for additional incentives for solar projects in many EU countries.
  
“In our short amount of time as a European office, we have been able to increase our shipments to the Greek market by offering customers high quality modules made of locally sourced materials, which makes solar installations more affordable and sustainable,” said Enrico Carniato, Europe Sales Director for Upsolar. “Because our “Made in EU” panels qualify for a 10 percent premium from the updated feed-in tariff, leading EPCs like RSEnergy have chosen our products because of their quality and cost-effective materials.”
  
RSEnergy, a turnkey energy solutions provider, has chosen Upsolar PV modules for use in its ground mounted and industrial rooftop applications across Greece.
 
 “Upsolar’s photovoltaic modules allow us to offer best performance projects at competitive prices to our customers,” said Mr. Müller-Polyzos, CEO of RSEnergy. “Upsolar photovoltaic modules are assembled with high-quality, internationally-sourced components such as Huber Suhner junction boxes. The quality commitment of Upsolar is reflected by the PowerGuard insurance backed by industry-leading insurance companies. This means for our customers that the warranty stays in place with or without Upsolar’s involvement, providing security for a long term investment.” 
  
About Upsolar
Upsolar is a leading international solar module developer and producer, offering the solar industry’s best quality / price ratio in the global PV market. With vertically integrated, diversified manufacturing platforms, as well as an R&D-supported quality control management system, Upsolar produces high quality, reliable solar modules backed by a world-class warranty, at competitive prices. Headquartered in Shanghai, Upsolar has offices throughout Asia, Europe and North America to support an international customer-base, providing on-site technical support, customer service and product development teams. For more information, visit www.upsolar.com.
 
 About RSEnergy Hellas Solartechnik Ltd.
RSEnergy is a specialist turnkey provider for renewable energy systems. The company’s highly qualified team offers a wide range of quality products and services for every phase of an individual investment, working close to our customers in order to understand and meet specific needs. RSEnergy offers more than a quality photovoltaic solution; it offers the best quality at best prices combined with professionalism and speed. For more information, visit: www.rsenergy.gr.
   
Media Contacts
Lucy Chen
PR and Communication Specialist, Upsolar
+33 1 83 62 02 05
lucy.chen@upsolar.com
  
Kimberly Setliff
Antenna Group for Upsolar
+1 415-977-1942
upsolar@antennagroup.com

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