China Sunergy Co., Ltd. ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that it has signed a five-year collaborative research agreement with NewSouth Innovations Pty Ltd. (NSi), a wholly owned subsidiary of the University of New South Wales, Australia (UNSW), to substantially improve solar cell efficiency by improving wafer material quality.

The collaborative research aims to combine UNSW's advanced hydrogenation technology with China Sunergy's deep experience in cell process to enhance the electrical properties of silicon wafers, and thereby to obtain significantly higher cell efficiencies. Additionally, UNSW will provide the Company with regular updates on its latest research advancements, and, when necessary, provide training and education at UNSW.

"We are very delighted to collaborate with UNSW and NSi," said Dr. Jianhua Zhao, Chief Technology Officer of China Sunergy. "We believe UNSW is a global leader in hydrogenation technology, and we are optimistic that this collaboration will bring mutual success for all three parties. If this research proves successful, China Sunergy would gain significant competitive advantages and cost savings, as we will be entitled to deploy the resulting technologies throughout our product portfolio."