Document:

Exhibit 4.48

 

Sales Contract

	 	Contract No:
	 	Signed at: Nanjing, China

 

This Sales Contract (“Sales Contract”)
is executed by and between:

 

		1.	China Sunergy Europe GmbH, a company duly organized, validly existing and in good standing as a
legal person under the laws of Germany, with its registered address at Schillerstr.42 60313 Frankfurt am Main (Hereinafter referred
to as “Seller”)

 

		2.	AEE Renewables UK 7 Limited, a company duly organized, validly existing and in good standing as
a legal person under the laws of England and Wales, with its registered address at 59 Gloucester Place, London, United Kingdom
W1U 8JH, Registered No.7423788 (Hereinafter referred to as
“Buyer”).

 

Each individually referred to as a “Party”
and collectively as the “Parties”.

 

		(A)	Whereas, Seller acknowledges that Buyer is purchasing the Goods for use on a solar project at Mawnan
Smith, Falmouth, Cornwall, TR11 5JW United Kingdom(“Buyer’s Project”) and has or intends to enter into an EPC
contract (“EPC Contract”) with a contractor (“the Contractor”) in connection with the design and installation
of the Goods, and the supply and installation of other plant and materials in relation to Buyer’s Project.

 

		(B)	Whereas, Seller shall be responsible to Buyer for the performance of the Goods in accordance with
this Contract and the EPC Contractor shall be responsible to the Buyer for the works and services provided under the EPC Contract.

 

		(C)	Whereas, Seller and the EPC Contractor shall enter into a Performance Ratio Guarantee in favour
of the Buyer in accordance with this Contract and the EPC Contract respectively.

 

Buyer hereby agrees to buy and Seller hereby
agrees to sell the under mentioned Goods according to the terms and conditions stipulated herein:

 

		1.	Goods Description

 

	 	 	 	 	Agreed Quantity	 	 	Unit Value	 	 	 	 
	Item	 	Description of
 Goods	 	(W)	 	 	(PCS)	 	 	(EUR/W)	 	 	(EUR/PC)	 	 	Total Amount
 ( EUR)	 
	1	 	CSUN245-60P	 	 	2,572,500	 	 	 	10,500	 	 	 	0.50	 	 	 	122.50	 	 	 	1,286,250	 
	2	 	CSUN250-60P	 	 	625,000	 	 	 	2,500	 	 	 	0.50	 	 	 	125.00	 	 	 	312,500	 
	3	 	CSUN255-60P	 	 	1,797,750	 	 	 	7,050	 	 	 	0.50	 	 	 	127.50	 	 	 	898,875	 
	 	 	Total	 	 	4,995,250	 	 	 	20,050	 	 	 	 	 	 	 	 	 	 	 	2,497,625	 

 

    	 

    	 

    

 

2. Payment

 

2.1The Total Amount (as stated in
the table at paragraph 1) shall be paid by Buyer within 90 days of the delivery of the Goods to Buyer’s Project site at Mawnan
Smith, Falmouth, Cornwall, TR11 5JW United Kingdom.

 

3. Shipment of Goods

3.1The Goods shall be delivered
to the Port/Place of Destination in accordance with the Delivery Schedule at Annex 2.

3.2 Port of Shipment:

 

Port of Loading:Shanghai

 

Port/Place of Destination: Buyer’s
Project site, Mawnan Smith, Falmouth, Cornwall, TR11 5JW United Kingdom

 

Under trade terms DDP (Incoterms 2000),
it shall be deemed that the Goods have been delivered by the Seller once the Goods havebeen delivered to Buyer’s Project
site at Mawnan Smith, Falmouth, Cornwall, TR11 5JW United Kingdom.

 

4. Packing

Seller is responsible for packing and the
packing shall be in accordance with the standard of [1] below. Seller shall be liable for damages of the Goods under the Contract
as the result of inadequate or improper packing, except for losses or damages as the result of the fault of the forwarder or of
the causes that are beyond control of, or not imputable to Seller.

[1] Standard export packing for ocean transportation.

[2] Standard export packing for air tranportation.

 

5. Effectiveness of Contract

5.1The Contract shall be made in two identical
and same copies with each Party keeping one copy, and shall become effective upon being signed by Seller and Buyer.

 

6. Contract Provisions

6.1 The General Terms and Conditions attached
hereto at Annex 1 shall be incorporated into and form part of this Contract.

6.2 Either party that changes its contact
person shall forthwith notify the other Party in writing.

 

	Seller:	Buyer:
	 	 
	China Sunergy Europe GmbH	AEE Renewables UK 6 Limited
	 	 
	Signature/Seal:	Signature/Seal:
	 	 
	/s/ China Sunergy Europe GmbH	/s/ Hao Sheng
	 	 
	Title:	Title: Vice PresidentExhibit 4.49

 

Sales Contract

	 	Contract No.

 

Parties to this Sales Contract dated 2013-05-16
(“Sales Contract”) are:

 

CSUN Eurasia Energy Systems Industry
and Trade Inc.,

a company duly organized, validly existing
and in good standing as a legal person under the laws of Turkey, with its office address at Istanbul Industrial & Free Trade
Zone Akif Kopuz St. No: T-10, B Block, 2nd floor, Aydinli-Tuzla 34957 ISTANBUL (Hereinafter referred to as “Seller”)

China Sunergy Europe GmbH,

a company duly organized, validly existing
and in good standing as a legal person under the laws of Germeny, with its office address at Schillerstraße 42-44 ∙
60313 Frankfurt ∙ Germany (Hereinafter referred to as “Buyer”)

 

Buyer hereby agrees to buy and Seller hereby
agrees to sell the under mentioned Goods according to the terms and conditions stipulated herein:

 

1. Goods Description:

 

	 	 	 	 	Agreed Quantity	 	 	Unit Price	 	 	 	 
	Item	 	Description of 
 Goods	 	(W)	 	 	(PCS)	 	 	( € /W)	 	 	(€ /PC)	 	 	Total Amount
 (€ )	 
	1	 	CSUN240-60P	 	 	1200000	 	 	 	5000	 	 	 	0.54	 	 	 	129.60	 	 	 	648000.00	 
	2	 	CSUN245-60P	 	 	2450000	 	 	 	10000	 	 	 	0.54	 	 	 	132.30	 	 	 	1323000.00	 
	3	 	CSUN250-60P	 	 	6250000	 	 	 	25000	 	 	 	0.54	 	 	 	135.00	 	 	 	3375000.00	 
	4	 	CSUN255-60P	 	 	1275000	 	 	 	5000	 	 	 	0.54	 	 	 	137.70	 	 	 	688500.00	 
	5	 	Qsar260-60M	 	 	2080000	 	 	 	8000	 	 	 	0.58	 	 	 	150.80	 	 	 	1206400.00	 
	6	 	Qsar265-60M	 	 	1325000	 	 	 	5000	 	 	 	0.58	 	 	 	153.70	 	 	 	768500.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	8009400.00	 

 

Total (in words): EIGHT
MILLION NINE THOUSAND FOUR HUNDRED EURO

 

Note:

The warranty of product shall be 10 years
and shall be transferrable, in accordance with the Limited Warranty for PV Modules (Article 9. Warranty Transfer), to any customer
to which the Buyer transfers the modules under the conditions that CSUN Eurasia Energy Systems Industry and Trade Inc. makes
a formal statement of the warranty transfer to the seller in writing.

 

    	 

    	 

    

 

The aforesaid Price shall be subject to
the Trade Term of DDP Düsseldorf under Incoterms 2010.

 

The agreed price is exclusive of any and all
taxes, customs duties, license fees and the like that shall be borne by Buyer under the Terms stipulated herein.

 

2. Payment

100% of the total contract amount shall
be paid by Buyer through T/T within 90 days after the issue date of the transport document of the goods.

 

3. Shipment of Goods

3.1 The Goods shall be transported within
5 days after signing of the Sales Contract

 

3.2 Delivery
Place

The goods
hereunder shall be delivered from ISTANBUL TURKEY.

 

Final destination:

Zum Gut
Heiligendonk 16-20 40472 Düsseldorf

 

4. Packing

 

Seller is responsible for packing and the
packing shall be in accordance with the standard of (1). Seller shall be liable for damages of the Goods under the Sales Contract
as the result of inadequate or improper packing, except for losses or damages as the result of the fault of the forwarder or of
the causes that are beyond control of, or not imputable to Seller.

 

(1) Standard export packing for ocean transportation.

 

(2) Standard export packing for air transportation.

 

5. Effectiveness of Contract

 

The Sales Contract shall be made in two
identical and same copies with each Party keeping one copy, and shall become effective upon being signed and sealed by Seller and
Buyer.

 

6. Contract Provisions

 

6.1 Other
provisions hereof shall refer to Annex: General Terms and Conditions.

 

6.2 Either
party that changes its contact person shall forthwith notify the other Party in written.

 

6.3 Any amendments to the General Terms
and Conditions shall be stipulated herebelow (if any): none

 

    	 

    	 

    

 

	Seller: CSUN
    Eurasia Energy	Buyer: China Sunergy Europe GmbH
	 	 
	  Systems Industry and Trade Inc	 
	 	 
	Signature/Seal:	Signature/Seal:
	 	 
	/s/ CSUN Eurasia Energy	/s/ China Sunergy Europe GmbH
	  Systems Industry and Trade Inc	 
	 	 
	Title:	Title:Exhibit 4.50

 

Sales Contract

Contract No.                 

 

Parties to this Sales Contract dated 
2013-08-29 (“Sales Contract”) are:

 

CSUN Eurasia Energy Systems Industry
and Trade Inc.,

a company duly organized, validly existing
and in good standing as a legal person under the laws of Turkey, with its office address at Istanbul Industrial & Free Trade
Zone Akif Kopuz St. No: T-10, B Block, 2nd floor, Aydinli-Tuzla 34957 ISTANBUL (Hereinafter referred to as “Seller”)

China Sunergy Europe GmbH,

a company duly organized, validly existing
and in good standing as a legal person under the laws of Germeny, with its office address at Schillerstraße 42-44 ∙
60313 Frankfurt ∙ Germany (Hereinafter referred to as “Buyer”)

 

Buyer hereby agrees to buy and Seller hereby
agrees to sell the under mentioned Goods according to the terms and conditions stipulated herein:

 

1. Goods Description:

 

	 	 	Description of	 	Agreed Quantity	 	Unit Price	 	Total Amount
	Item	 	Goods	 	(W)	 	(PCS)	 	( € /W)	 	(€ /PC)	 	(€ )
	1	 	CSUN240-60P 	 	4800000.00	 	20000	 	0.56	 	134.40	 	2688000.00
	2	 	CSUN245-60P 	 	4900000.00	 	20000	 	0.56	 	137.20	 	2744000.00
	3	 	CSUN250-60P 	 	3750000.00	 	15000	 	0.56	 	140.00	 	2100000.00
	5	 	Qsar255-60M	 	1275000.00	 	5000	 	0.59	 	150.45	 	752250.00
	 	 	Qsar260-60M	 	1300000.00	 	5000	 	0.59	 	153.40	 	767000.00
	6	 	Qsar265-60M	 	1325000.00	 	5000	 	0.59	 	156.35	 	781750.00
	 	 	Total	 	 	 	 	 	 	 	 	 	9833000.00

 

    	 

    	 

    

 

Total (in words): NINE MILLION EIGHT HUNDRED
AND THIRTY-THREE THOUSAND EURO

 

Note: 

The warranty of product shall be 10 years
and shall be transferrable, in accordance with the Limited Warranty for PV Modules (Article 9.
Warranty Transfer), to any customer to which the Buyer transfers the modules under the conditions that CSUN Eurasia Energy Systems
Industry and Trade Inc. makes a formal statement of the warranty transfer to the seller in writing.

 

The aforesaid Price shall be subjet to
the Trade Term of DDP Germany warehouse under Incoterms 2010.

The agreed price is exclusive of any and
all taxes, customs duties, license fees and the like that shall be borne by Buyer under the Terms stipulated herein.

 

2. Payment 

100% of the total contract amount shall
be paid by Buyer through T/T within 90 days after the issue date of the transport document of the goods.

 

3. Shipment of Goods 

3.1 The Goods shall be transported within
5 days after signing of the Sales Contract

 

3.2 Delivery Place

The goods
hereunder shall be delivered from ISTANBUL TURKEY.

 

Final destination:

Zum Gut
Heiligendonk 16-20 40472 Düsseldorf

 

4. Packing 

 

Seller is responsible for packing and the
packing shall be in accordance with the standard of (1). Seller shall be liable for damages of the Goods under the Sales Contract
as the result of inadequate or improper packing, except for losses or damages as the result of the fault of the forwarder or of
the causes that are beyond control of, or not imputable to Seller.

 

(1) Standard export packing for ocean transportation.

(2) Standard export packing for air tranportation.

 

5. Effectiveness of Contract 

 

The Sales Contract shall be made in two
identical and same copies with each Party keeping one copy, and shall become effective upon being signed and sealed by Seller and
Buyer.

 

    	 

    	 

    

 

6. Contract Provisions 

 

6.1 Other provisions hereof shall refer
to Annex: General Terms and Conditions.

 

6.2 Either
party that changes its contact person shall forthwith notify the other Party in written.

 

6.3 Any amendments to the General Terms
and Conditions shall be stipulated herebelow (if any): none

 

	Seller : CSUN Eurasia Energy Systems	Buyer : China Sunergy Europe GmbH
	Industry and Trade Inc	 
	 	 
	Signature/Seal :	Signature/Seal :
	 	 
	/s/ CSUN Eurasia Energy Systems	/s/ China Sunergy Europe GmbH
	Industry and Trade Inc	 
	 	 
	Title :	Title :

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}]]