Document:

Sales Contract

 Exhibit 10.18 
 English Translation 
 SALES CONTRACT 
  

					
	 Seller: CEEG Nanjing International Trade Co., Ltd.
	  		  	No.: CEEGNIC06A4S007
			
	 Buyer: CEEG (Nanjing) PV-Tech Co., Ltd.
	  	Date: August 17, 2006	  	

 Through friendly consultation, the Buyer and the Seller reached agreement on the following stipulations:

 1. Name, Type, Quantity and of the Product 
  

											
	 Name
	  	Specifications	 	Unit	  	Quantity	  	Unit Price
(incl. tax)	  	Amount (incl. tax)
	 Solar grade Mono-crystalline silicon wafers
	  	6 inch
(125*125)	 	PC	  	200,000	  	RMB 55.50	  	RMB 11,100,000.00
		
	 Total Amount: RMB Eleven Million One Hundred Thousand Only (RMB 11,100,000.00)
	  	

 2. Quality Requirements and Technology Standards: please refer to the attachment. 
 3. Time, Place, and Term of Delivery: the Seller shall deliver the products to the Buyer before 22nd September, 2006 in installments. The place of delivery shall be at the warehouse of the Seller. The Buyer shall be
responsible for collecting goods at the Seller’s warehouse or ask the Seller to handle transportation on behalf of it. 
 4. Shipment: the Buyer
transports the products to the warehouse by ground automobile. 
 5. Criterion of Packaging, Supply and Callback of Packing Materials: The packaging shall
meet the requirement of transportation. 
 6. Criterion and Inspection and Acceptance Method: according to the technology requirements stipulated herein.

 7. Transfer of the Object: the ownership of the products shall be transferred to the Buyer on the date of delivery. 
 8. Term of Claims for Quality: Claims by the Buyer for quality shall be made within seven days after the Buyer receives the goods. 
 9. All disputes arising from the performance of this Contract shall be settled through consultation by both parties. In case no settlement can be reached through
consultation, both Parties agree that the dispute shall be filed to the arbitration commission where the applying party is located. 
 10. Form and Term of Payment: The Buyer shall prepay 100% of the price value by telegraphic transfer to the account designated by the Seller before 21st August, 2006. The Seller shall provide the Buyer with a 17% value added tax invoice in full amount when the products are delivered. 
 11. Term of the Contract: This Contract shall come into effect upon signed and sealed by the Parties. 
 12. Miscellaneous: The Contract copies executed and delivered through telefax shall be as valid as the original. 

			
	The Seller	  	The Buyer
	 Company Name: CEEG Nanjing International
 Trade Co., Ltd.
(Seal)
	  	 Company Name: CEEG (Nanjing) PV-Tech
 Co., Ltd.
(Seal)

	 Address: 3F, Xinchen International Mansion, 26
 Zhongshan
Road, Nanjing
	  	 Address:
 Legal representative: /s/
                    

	Legal representative: Yin Guangyou	  	Entrusted Agent:
	Entrusted Agent: /s/                     	  	Tel.:
	Tel.: 025-83275350	  	Fax:
	Fax: 025-83275373	  	Opening Bank:
	Opening Bank: Bank of China Nanjing Branch	  	Account Number:
	Zhonghua Road Sub-branch	  	Tax File Number:
	Account Number: 800139647008097001	  	
	Tax File Number: 320106777017485	  	

 Attachment: Specifications for Solar Grade Mono-Crystalline Silicon Wafers 
  

			
	Size	  	6 inch
	Type	  	P/boron
	Resistivity (ohm.cm)	  	0.5-3.0
	Tendency	  	<100>±3 degree
	Carbon content	  	<5*1016
	Oxygen content	  	<1.0*1018
	Working life (μs)	  	>10
	Side length (mm)	  	125*125±0.5
	Diameter (mm)	  	150±0.5
	Thickness (μm)	  	220±20
	Total thickness change (μm)	  	<30
	Surface condition	  	Clean, no stains
	Appearance	  	No cracksSales Contract

 Exhibit 10.19 
 English Translation 
 Sales Contract 
 Contract No: 20060835 
  

			
	Execution Place: The place in Nanjing where the Seller is located
	Execution Date: August 31, 2006	  	
	Seller: CEEG (Nanjing) PV-Tech Co., Ltd.	  	Buyer: CEEG Nanjing International Trade Co., Ltd.
	Legal representative: TingXiu Lu	  	Legal representative:
	Add.: 123 Focheng West Road, Jiangning Economic & Technical Development Zone, Nanjing	  	Add.:
	Postcode: 211000	  	Postcode:
	 Opening bank: Nanjing Commercial Bank
 HuaQiao Road
Sub-branch
	  	Opening bank:
	Accounts: 01460120180000051	  	Accounts:
	Tel: 025-52766648	  	Tel:
	Fax:025-52766882	  	Fax: 025-83275377

 The Parties hereby agree to trade the following products, and conclude the terms and conditions as follows:

  

												
	 Description
	  	Specifications	 	Quantity	 	 	Unit	  	Unit price	  	Total Amount
	 Mono-crystalline TDB 125
	  	125*125S
Eff.:15.5%	 	50,000 pcs
(115141.75W	 
)	 	Watt	  	RMB
32.50/W	  	3742106.88
	 Multi-crystalline TDB 156
	  	156*156M
Eff.:14.5%	 	50,000 pcs
(176436.00W	 
)	 	Watt	  	RMB
32.50/W	  	5734170.00
	 Total Amount (in word):
	 	RMB Nine Million Four Hundred and Seventy
Six Thousand Two Hundred and Seventy Six
Point Eighty Eight (RMB 9476276.88)

 The above prices include 17% value added tax. 
 1. The Seller shall mark the detailed efficiency and batches of the cell. The Parties shall settle the payment in accordance with the actual solar power efficiency actually delivered, with the above fixed unit price.

 2. Quality Requirement and Technical Standard: The cells provided by the Seller shall comply with the national standard GB12632-90. The Parties agreed
that the consumption allowed during the transportation of the cell shall be 0.5%. In the event the thickness of the cell is less than or equal to 220μm, the broken rate allowed during the process of the cells shall be 1.8%. The Seller shall
replace any further broken cells, and shall assume correct transport and handling on the further delivered cells in accordance with the stipulations herein. 
 Cells acceptable: 
 - The depth shall not be more than 1mm and the width not more than 1.5mm (with a maximum number of 2 per solar cell).

 - Or the depth shall not be more than 1mm and the width not more than 3mm (1 per solar cell). 
 - Slight color difference is allowed between each solar cell. The efficiency tolerance of the cells after tested many times: ±5%. 
 3. Criterion and Method of Inspection and Acceptance and Term of Claims: The Buyer shall inspect the goods according to the detailed specifications of each installment.
The term of claims shall be within one week after the Buyer receives the goods. 
 4. Packing Requirement: The cells shall be packed in cartons that are
suitable for highway transportation to satisfy the requirements for long distance transportation for a long time. 

 5. Destination of Delivery: The place where the Seller is located. The Buyer shall bear the fees for transportation and
insurance if it asks the Seller to deliver the goods. Simultaneously, the Seller shall not be responsible for the breakage less than 0.5% during the transportation. 
 6. Form of Payment Settlement: The Buyer will remit 100% of the Contract value to the account designated by the Seller within one working day upon the execution of the Contract. 
 7. Term of Delivery: Upon receipt of 100% of the price value paid by the Buyer, the Seller shall deliver 50,000
pieces of Mono-crystalline 125 wafers before September 5th and 50,000 pieces of Multi-crystalline 156 wafers
before September 15. 
 8. The Bill of Documents to be Provided by the Seller: The Seller shall submit the value added tax invoice to the Buyer within
10 days after the delivery of goods. 
 9. Force Majeure: Neither of the contractual Parties shall be liable for not fulfilling the obligations hereunder as
a result of natural disasters, war, government interference or other events unforeseeable, unavoidable and insuperable by the Parties. However, the Parties shall provide within 7 days the valid documentary evidence issued by the notary department of
the place where the force majeure event occurs. 
 10. Settlement of Disputes: All disputes arising from this Contract shall be settled through consultation
by both Parties. In case no settlement can be reached through consultation, the Parties may file the dispute to the local court where this Contract is executed. 
 11. This Contract shall come into effect upon the execution of the Parties and the copies executed and delivered through telefax shall be as valid as the original. 
  

			
	The Seller: (Seal)	  	The Buyer: (Seal)
		
	Entrusted Representative: /s/	  	Entrusted Representative:
	(Signature)	  	(Signature)
		
	Date:	  	Date:Sales Contract

 Exhibit 10.20 
 English Translation 
 SALES CONTRACT 
  

			
	 	 	Contract No. CG120061123
		 	Execution Place: Jiangning District, Nanjing
		 	Execution Date: November 14, 2006
		
	Party A: CEEG Nanjing International Trade Co., Ltd.	 	Party B: CEEG (Nanjing) PV-Tech Co., Ltd.
	Add.: 26 North Zhongshan Road, Nanjing	 	Add.: 123 Focheng West Road, Jiangning Economic & Technical Development Zone, Nanjing
	Legal representative: Yin Guangyou	 	Legal representative: Lu Tingxiu
	Tel: 025-83275373	 	Tel: 025-52766620
	Fax: 025-83275377	 	Fax: 025-52766882

 Through negotiation, Party A and Party B enter into this contract, whereby Party B agrees to buy 6 inch
mono-crystalline ingots according to the terms and conditions stipulated below: 
 1. Name, Type, Quantity and of the Product 
  

											
	 Name
	  	 Specifications
	  	Unit	  	Quantity	  	 Unit Price
 (incl. tax)
	  	Amount (incl. tax)
						
	 6 inch mono-crystalline ingots
	  	6 inch	  	KG	  	500	  	RMB 2600	  	RMB 1,300,000.00
	
	 Total Amount (17% value added tax included): RMB One Million thirty Hundred Thousand Only (RMB 1,300,000.00)

 2. Quality Standards 
  

			
	Size	 	6 inch
	Type	 	P/boron
	Dianmeter	 	152 mm(-1~ +2)
	Resistivity (ohm.com)	 	0.5-6.0
	Character	 	No faultage
	Length	 	150 mm (Total amount max 85%)
	Tendency	 	<100>+/-3 degree
	Carbon content	 	<5*1016
	Oxygen content	 	<1.0*1018
	Working life (μs)	 	>10
	Radial Resisitivity change	 	<25%
	Surface condition	 	Clean
	Appearance	 	No cracks

 3. Term and Time of Payment: Party B shall pick up the goods with payment. Party A shall provide to Party B 17% a
full amount VAT invoice within 5 days after delivery. 
 4. Delivery (Collection) agreed 
 Party A shall deliver all the goods within 20 days after receipt of payment made by Party B. Place of delivery shall be in Nanjing. Should the type, specification, quantity, quality of the goods fail to comply with
the stipulations hereunder, Party A shall replace such goods in the light of the situation and the relevant costs shall be borne by Party A. Should Party A fail to replace such goods, it shall be deemed as delivery failure, which will be settled
according to Article 10 Section 3. 

 5. Inspection method and term 
 Party A shall complete inspection within 15 days after receipt of goods according to the standards as agreed hereunder. The term of claims for quality issues shall be one month. Party A shall reply within one week of receipt of notice
issued by Buyer, otherwise shall be deemed to consent to the claims of Party B. 
 6. Reasonable Consumption Standard and Calculation 
 The quantity of the goods measured at Seller’s location shall prevail. 
 7. Transit and Insurance 
 Party B shall be responsible for transportation, the freight and insurance 
 8. Packing Requirements 
 The goods shall be packed in carton, and the
packaging shall meet the requirement of long distance road transportation. And Party A shall bear the cost of packing. 
 9. Force Majeure 
 If any party is unable to perform its contractual liabilities due to any force majeure event, the affected party shall notify the other party within 7 days upon the
occurrence of such event, and shall present written evidence issued by the relevant authority within 15 days upon the end of such events and could 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 released from its liabilities. 
 10.
Liabilities of Breach 
 10.1 During the inspection period, if the type, specifications and quality of the products delivered by Party A do not comply with
the stipulations of the Contract, Party A shall replace such goods within one week and the relevant costs shall be borne by Party A. Should Party A fail to replace such goods, it shall be deemed as delivery failure. 
 10.2 Should Party A fail to deliver the goods within one week after notice issued by Party B in case of delayed delivery of the goods, Party A is entitled to request for
termination hereof, except for force majeure cases. 
 11. Transfer of Contract 
 Neither party may, without written consent of the other party, transfer all or part of rights or obligations to the third party. 
 12. 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. 

 13. Integrity Assurance 
 It
shall be viewed as damage to other party’s interest if either party 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 receiving party, or either of the Buyer and Seller as well as its staff does, whether in the name of the company or an individual, any transaction similar to that contemplated hereunder with any employee of the other
party or any third party introduced by any employee of the other party. The breaching party shall compensate as much as twice of the direct or indirect losses incurred by the other party by such reason, as well as the liquidated damages amounting to
20% of the total amount of this Contract per breach (up to RMB 1,000,000). 
 Any one may reach the Buyer’s counsel, Mr. Xu Changming at
13851647666, or lawyerxucm@hotmail.com for such issue. 
 14. Prohibition of Commercial Fraud 
 If either of the Buyer and Seller breaches the principle of honesty by providing false registration materials, false certificates of qualification or false information,
or by hiding the truth from and to deceiving the other party or end-users, it shall be liable for the liquidated damages of 20% of the total contract amount (up to RMB 1,000,000). This Article shall not preclude the liabilities of breach undertaken
by either party according to other provisions hereunder 
 15. Settlement of Disputes 
 The applicable law of this contract is Contract Law of the People’s Republic of China. All disputes arising from this contract shall be settled through consultation by both parties. In case no settlement can be
reached through consultation, the dispute shall be filed to the people’s court of jurisdiction where Party B located. 
 16. Miscellaneous 

16.1 This Contract shall come into effect upon signature and seal of the parties. If the Contract has more than one page, then each page should be sealed on the
perforation. Any modification, termination shall be confirmed by both parties in written and sealed. 
 16.2 This Contract shall be executed in four
counterparts, with each of the parties hereto holding two. The copy delivered through telefax shall be as valid as the original. 
 16.3 Both parties shall
send the original copy to the other with 3 working days after execution. 
  

			
	Party A:	 	Party B:
	CEEG Nanjing International Trade Co., Ltd.	 	Company Name: CEEG (Nanjing) PV-Tech
	Company Name: (Seal)	 	Co., Ltd. (Seal)
	Entrust Agent: /s/	 	Entrust Agent: /s/Qian Lu
	Execution Date:	 	Execution Date:

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