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PARTNERSHIP AGREEMENT BETWEEN PUFIN POWER AND EURENER

Avellino 12/06/2013 – A Partnership Agreement between PUFIN POWER GROUP and EURENER has been signed. This Agreement provides a strong cooperation in the renewable energy (photovoltaic) both in the manufacturing and commercial sector. With this Agreement comes from a totally integrated player in the photovoltaic production with five production sites in Italy, the Netherlands, France, Spain and Portugal that is to say with the higher industrial presence in Europe.  This Agreement, which involves for the manufacturing process all the facilities of PUFIN POWER GROUP (SOLLAND SOLAR CELLS (Maastricht – The Netherlands) – EL.ITAL. (Avellino – Italy) – ELIFRANCE (Saint Etienne – France)) and for the manufacturing and marketing all the facilities of EURENER GROUP (EURENER EUROPE (Paris), EURENER SPAGNA (Alicante) – EURENER PORTUGAL (Torres Vedras)), will allow a remarkable increase in the production and selling of photovoltaic cells as well as photovoltaic modules with an industrial capability of 150 MW per year.
It will also give a new power to the “100% Made in Europe” products and it provides not only the manufacturing of the photovoltaic modules  but also the production of photovoltaic cells totally made in Europe by Solland Solar Cell., a facility of Pufin Power Group. In this way, Pufin Power and Eurener, will join the limited circle of the European and totally integrated players involved in the cells and modules “Made in Europe” production.

Great satisfaction in Massimo Pugliese’s words , the CEO of Pufin Power Group :” The Agreement signed with Eurener reinforces my idea of photovoltaic products “Made in Europe” and currently rewards my belief also taking into account the introduction of custom duties on photovoltaic products come from China. I’m sure that our choice will be awarded as Eurener is one of the most important commercial player in Europe”.

These are the words of Jean Ange Martin, CEO of Eurener Europe: “The Agreement between Eurener and Pufin Power materializes the industrial and commercial strategy of two European Groups both involved into a long term vision. The synergy with Pufin Power reinforces our idea and our ability to be able to produce and give to European photovoltaic market modules of high quality,  at the most competitive price and, above all, 100% European”.

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