UNSS (just started up)--> Universal Solar Technology Fulfills Orders From New Customer For $183,500
2010-08-20 09:01 ET - News Release
BEIJING & NEW YORK -- (Business Wire)
Universal Solar Technology Inc. (OTCBB: UNSS), a developer of solar grade ingot, wafers and high efficiency solar photovoltaic modules, announced that it has produced, shipped and been paid RMB 1,246,000 (approximately US$183,500) for shipments of 120,000 wafers to Sinodeu New Energy Co., Ltd.
Wensheng Chen, Chairman and CEO noted, “We are pleased to complete these customer orders with production from our new factory. We have hired and trained 158 employees as of today and are ramping up production of silicon wafers and PV modules. We have completed testing of 8 ingot growers, have obtained operating permits for our high pressure container to be used in our silicon ingots department, and have accepted delivery of water cooling system, multi-wire saw and framing machine. Our production facility will have annual production capacity 50MW silicon ingots, 20MW solar wafers and 30 MW solar PV modules.”
ABOUT UNSS
Universal Solar Technology Inc. manufacturers solar products and provides solar power systems using advanced manufacturing technologies and equipments. Products include solar-grade silicon material (ingots and wafers), solar modules, solar lights and solar power systems. Arizona State University Photovoltaic Testing Laboratory has certified that UNSS Photovoltaic Modules satisfy the standards and requirements of the International Engineering Consortium and has passed the standards for selling products to countries in the European Union. www.ustnevada.com/en
Contacts:
Dragon Gate Investment Partners
Robert Schechter, 212-499-6809
robert.schechter@dgipl.com
Source: Universal Solar Technology Inc.
