Exhibit
4.48


Purchase
Contract





Contract
      No.: CG12008209Signing
      Place: Jiangning District, NanjingSigning
      Date: 16-6-2008


The
      Seller:
                          CEEG
      (Nanjing) Semiconductor Material Co., Ltd.
                        The
      Buyer:
                          China
      Sunergy (Nanjing) Co., Ltd.Address:
      No. 6 Shuige Road, Jiangning Economy and Technology Development Zone,
      Nanjing
                        Address:
      No. 123 West Focheng Road, Jiangning Economy and Technology Development
      Zone, NanjingPostal
      code: 211100
                        Postal
      code: 211100Legal
      representative: Gao Zhengfei
                        Legal
      representative: Lu TingxiuAuthorized
      agent:
                        Contact:Tel:
      025-52095976
                        Tel:
      025-52766620Fax:
      025-52095953
                        Fax:
      025-52766882




Through
amicable consultation and in accordance with the Contract Law of the
People’s Republic of China, the two
parties hereof have agreed to enter into the following contractual terms in
connection with the purchase of the following goods for mutual compliance and
performance.





1.
Product name, specification, type, quantity and amount


No.
                          Product
      name
                          Specification
                            & model
                          Unit
                          Quantity.
                          Unit
                            price
                          Total
      price
                          Remarks1.
                          Monocrystalline
      silicon wafer
                          125
                          Piece
                          200,000
                          57
                          11,400,000Total
      amount (in words) (including 17% value-added tax): Say RMB eleven million,
      four hundred thousand only; in figures:
  RMB11,400,000





2.
Quality standard of silicon wafers


Appearance
and electric performance: Conductivity type: P (doped element of boron); crystal
orientation: <100>±3o; resistivity: 0.5~1, 1~3 and 3~6 Ω.cm; resistivity
nonuniformity of single wafer (RRV) <25%; square size: 125±0.5 mm;
diagonal length: 150±1 mm; arc length 27.5~30.80 mm; thickness: 200
±20
μm;
(TTV≤ 30 μm); square wafer angle:
90±0.5°; bending
degree ≤ 40 μm; surface tool
mark<10 μm; free of recess,
perforation and stain; the edge collapse: ≤ one third of the
side thickness, with the length <0.5 mm and the width towards inside surface
< 0.2 mm, on each wafer are not more than two pieces.





Electronic
performance: working life>10 μs; carbon
content<5*1016and
oxygen content<1*1018..




It is
difficult to analyze and test impurities content and wafer’s working life and is
impossible to test all performance of each wafer. Therefore, the Buyer will
conduct inspection on the silicon wafers purchased by sampling inspection and
qualification test through preproduction.




·
            For
      the sampling inspection, the acceptance and inspection
      of  silicon wafers are conducted under the regulations of GB/T
      2828. 1-2003 and GB/T 2829-2002, and the samples are tested once only. The
      acceptance and inspection items, testing level and acceptable quality
      level should be carried out according to the stipulations in the table
      below. The order of the testing items is not
  regulated.









Testing
      item
                    Testing
      level
                    Acceptable
      quality level (AQL) %Type
                    II
                    0.25Resistivity
                    1Thickness
      allowance
                    1Gross
      thickness change
                    1Camber
                    1Surface
      quality
                    Cantilever
                    0.4Edge
      collapse
                    0.4Incision
                    0.4Piezoglypt
                    0.4Corner
      broken
                    0.4




·
            For
      the qualification test through preproduction, 10% of the silicon
      wafers (purchased as qualified products ) shall be evenly taken out
      and preproduced after technology optimization.  If the average
      conversion rate exceeds 15.00%, it means that the silicon wafers delivered
      hereunder meet the requirements.




3. Terms
and time of payment


3.1 The
Buyer shall pay all the payment for goods to the account of the Seller within
one week after effectiveness of Contract.


3.2 The
Seller shall be responsible for providing the Buyer with full-amount invoice of
the 17% value-added tax (VAT) within five days after delivery of goods. If the
Seller fails to provide VAT invoice within thirty days or the Buyer suffers tax
loss due to the Seller, the losses shall be borne by the Seller.





4.
Packing, transportation and insurance of goods


4.1
Packing shall meet the transportation requirements of the solar-grade
monocrystalline silicon wafers. Any loss arising from improper packing shall be
borne by the Seller.


4.2 The
Seller shall be responsible for transportation, and cover the freight and
insurance premium.





5. Term
and place of delivery


5.1 Term
of delivery: The Seller shall delivery the goods on the day after receipt of
payment.


5.2 Place
of delivery: Both parties agree that the place of delivery shall be the Buyer’s
factory.





6.
Quality inspection and objection


In case
of any quality defect, the Buyer shall complete inspection in accordance with
standards stipulated hereunder and claim within one month of the arrival of the
goods at the Buyer’s warehouse. The Seller shall reply within seven days upon
receipt of written notice on quality objection. If the Seller fails to reply
within seven days, it shall be deemed that the Buyer’s objection has been
accepted by the Seller.





7.
Reasonable Consumption Standard and Calculation


It shall
be subject to the actual quantity of goods received  at the Buyer’s
location.





8.
Liabilities for breach


8.1  Within
the quality inspection period, if the type, specifications and technology
parameters of the products delivered by the Seller do not conform to that is
agreed herein, the Buyer shall be entitled to payment refund, replacing of
quality goods or price reduction according to the specific situation of the
products. The Seller shall reply within three days after receiving the Buyer’s
written disposal opinion, otherwise it shall be deemed to consent
to  the Buyer’s disposal opinion.


8.2 If
the Seller delays the delivery, the Seller shall pay to the Buyer a default
penalty of 0.05% of the total value of the delayed goods per day.









8.3 It
shall be deemed as failure of delivery if the Seller fails to deliver goods
within seven working days after the due time, and the Buyer shall be entitled to
notify the Seller to terminate this Contract. This Contract shall be terminated
upon the arrival of the written notice to the Seller. The Seller shall return
the amount paid by the Buyer within three days after receiving Buyer’s written
notice for contract termination and compensated for the relevant losses suffered
by the Buyer. Both parties agree that the default penalty shall be 20% of the
amount of this Contract.




9.
Transfer


Neither
party may transfer all or part of the rights and obligations hereunder without
written consent of the other party.





10.
Confidentiality


The
parties hereto and their employees, agents, representatives and counsel shall
treat the terms and conditions under this Contract and any its supplementary
agreements as business secrets and shall not disclose the information to any
third party unless upon consent of the other party. Otherwise, the defaulting
party shall compensate as much as twice of the direct or indirect losses of the
other party.





11. Force
majeure


If any
party is unable to perform the contract due to any force majeure event, the
affected party shall notify the other party within seven days upon the
occurrence of such event, and shall present written evidence issued by the
relevant authority within fifteen days upon the end of such events and could be
partially or wholly exempt from the liability in the light of the impact caused
by force majeure. Where an event of force majeure occurs after the party’s delay
in performance, the defaulting party shall not be exempted from its
liabilities.





12.
Integrity Assurance


12.1 It
shall be viewed as damage to the Buyer’s interest if the Seller and its staff
directly or indirectly give, in the name of the company or an individual, a gift
of money, valuables, securities or provide an improper interest in otherwise
forms to any employee of the Buyer, or if the Seller and its staff conduct
carries out a transaction similar to this Contract, in the name of the company
or an individual, with any employee of the Buyer or any third person introduced
by such employee. The Seller shall compensate as much as twice of the direct or
indirect losses incurred by the Buyer by such reason, and shall be liable for
the liquidated damages as of 20% of the amount of this Contract per breach (up
to RMB 1,000,000).


12.2 The
integrity report method for the Buyer: Supervision Committee of CHINA SUNERGY
(NANJING) CO., LTD. 025-52766726 (Fax) yunie.cheng@chinasunergy.com.





13.
Prohibition of commercial fraud


If the
Buyer/Seller breaches the principle of honesty by providing to the Buyer/ Seller
false registration materials,  false certificates of qualification or
false information, or by hiding the truth to deceive the Buyer/Seller or the end
user, it shall be liable for the liquidated damages as of 20% of the amount of
this Contract (up to RMB 1,000,000). This Article shall not preclude the
liabilities of breach undertaken by the Buyer/Seller according to other
provisions hereunder.





14.
Dispute resolution


Any and
all disputes arising from validity, performance and interpretation and so on of
the Contract shall first be resolved by the parties through amicable
consultation. In case no settlement can been reached through consultation, the
disputes shall be governed by the people’s court of first instance with
jurisdiction where the Buyer is located.  All related fees paid for
litigation (including attorney fees, travel fees, evidence collection fees,
notarization fees and litigation fees, etc) shall be borne by the losing
party.





15.
Effective and miscellaneous


15.1 The
Contract shall take effect upon signature and seal by both parties. The printed
text of the content hereof shall prevail. In case of any modification, the
parties hereto shall confirm the modified text by signature and seal. In case
the contract text covers more than one page, seal on the perforation shall be
affixed to such pages.









15.2 The
Contract is in duplicate, with each party holding one counterpart respectively.
The two counterparts shall have the same legal effect. The parties hereto shall
send the original contract text to each other within three working days as of
the date hereof. The fax copy shall have the same effect as the
original.


15.3 Any
matters not covered in this Contract shall be mutually negotiated by both
parties and be set forth in the supplementary agreements, which shall have the
same legal effect as the Contract.





The
      Seller: CEEG (Nanjing) Semiconductor Material Co., Ltd.
    /Seal/
                    The
      Buyer: China Sunergy (Nanjing) Co., Ltd. (special seal for contract)
      /Seal/Authorized
      agent:
                    Contact:Date:
                    Date:










Purchase
Contract




Contract
      No.: CG120080255Signing
      Place: Jiangning District, NanjingSigning
      Date: 29-7-2008


The
      Seller:
                    CEEG
      (Nanjing) Semiconductor Material Co., Ltd.
                  The
      Buyer:
                    China
      Sunergy (Nanjing) Co., Ltd.Address:
      No. 6 Shuige Road, Jiangning Economy and Technology Development Zone,
      Nanjing
                  Address:
      No. 123 West Focheng Road, Jiangning Economy and Technology Development
      Zone, NanjingPostal
      code: 211100
                  Postal
      code: 211100Legal
      representative: Gao Zhengfei
                  Legal
      representative: Lu TingxiuAuthorized
      agent:
                  Contact:Tel:
      025-52095976
                  Tel:
      025-52766620Fax:
      025-52095953
                  Fax:
      025-52766882




Through
amicable consultation, the two parties hereof supplement the contract numbered
CG12008029, which has been executed and effective, as follows:





1.
Quantity: the quantity of monocrystalline 125 wafer supplied under the original
contract: 200000 pieces. Now both parties hereof agree to increase the supply
quantity under the original contract to about 290000 pieces (subject to the
quantity actually delivered).





2. Other
terms shall refer to CG120080209.





3. This
agreement shall come into effect upon signature and seal by both parties. The
Contract is in duplicate, with each party holding one counterpart respectively.
The fax copy shall have the same effect as the original.





The
      Seller: CEEG (Nanjing) Semiconductor Material Co., Ltd.
    /Seal/
                        The
      Buyer: China Sunergy (Nanjing) Co., Ltd. (special seal for contract)
      /Seal/Authorized
      agent:
                        Contact:Date:
                        Date: