China-based Upsolar Establishes new Offices in Germany

Würzburg, Germany.--February 25th , 2010-- Following the establishment in May 2009 of a Representative Office in Germany, China-based Upsolar, an international supplier of monocrystalline and polycrystalline photovoltaic (PV) modules offering one of the global market’s best quality-to-price ratios, announced today the successful founding of Upsolar Germany GmbH along with the opening of its new offices at Bismarckstr. 14, 97070 Würzburg, Germany.

Upsolar has chosen the central location of Würzburg, because of its close proximity to its clients and its exceptional road and rail connections to the rest of Germany, which allow us to respond to our clients needs effectively and efficiently.

Zhe Jiang, CEO of Upsolar, says the company’s creation of a GmbH in Germany, along with office and showroom space, demonstrates Upsolar’s continued commitment  to the German market and as part of its global mission to improve Upsolar’s PV module-supply service worldwide.

Since Upsolar’s launch in 2006, the company has grown rapidly, with over 60 MW shipped in 2008, 95 MW in 2009 and sales close to 170M euros. Upsolar estimates sustained growth in 2010, increasing its sales up to 250MW by the end of the year.



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