Document:

Exhibit 4.54

English Translation for Reference Only

 

IN-DOOR WORKPLACE LEASE AGREEMENT

 

PARTIES

 

	USER	 	
        CSUN EURASIA ENERGY TECHNOLOGIES INDUSTRY
        AND TRADE INC. CO.

        (CSUN EURASIA ENERJI TEKNOLOJILERI
        SAN. VE TIC. A.S.)

	 	 	 
	HEAD OFFICE ADDRESS	 	Istanbul Endustri ve Ticaret Serbest Bolgesi Akif Kopuz Cad. T-10 Parsel, B Blok, Kat: 2,  34957 Tuzla - ISTANBUL
	 	 	 
	
         

         

        LESSOR

         
	 	
        DASBAS – ISTANBUL INDUSTRY AND
        FREE TRADE ZONE FOUNDER AND OPERATOR INC. CO. TUZLA / ISTANBUL

        (DESBAS - ISTANBUL ENDUSTRI VE TICARET
        SERBEST BOLGESI KURUCU VE ISLETICISI A.S. TUZLA / ISTANBUL)

 

INDOOR WORKPLACE RENTED

 

	ZONE	 	ISTANBUL ENDUSTRI VE TICARET SERBEST BOLGESI
	 	 	 
	WORKPLACE NO	 	DESBAS 6 Binası B Blok Kat: 2 - 3
	 	 	 
	SURFACE AREA OF WORKPLACE (GROSS)	 	7,500 m2

 

RENTAL FEE AND DURATION

 

	MONTHLY RENTAL FEE	 	45,000 $
	 	 	 
	DATE OF COVENANT COMMENCEMENT	 	12.11.2012
	 	 	 
	CONTRACTUAL PERIOD	 	Operating License is as specified in the license.

 

		1.	INDOOR WORKPLACE LOCALITY:

 

It is the indoor independent sections pertaining
to DESBAS situated in the Istanbul Industry and Trade Free Zone.

 

    	 

    	 

    

 

		2.	USAGE PURPOSE OF IN DOOR WORKPLACE:

 

The indoor workplace (excluding the ones
rented to be an office) can be used for storage and / or production of in-coming goods solely in the name of company. The penthouse
of the building shall be used by the company on no-charge basis.

 

Even being in its closed packing, any commodities
that are flammable and explosive, dispersing heavy odors, possessing this environment – polluting features are strictly not
acceptable to the commodity storage locations.

 

If these properties are found out later
on, immediate evacuation of the depot is requested by the commodity owner. The user has the obligation of having its goods insured
against damages which might emanate from the commodities which were stored in the outdoor areas.

 

		3.	RENTAL SERVICE FEES AND ADVANCE PAYMENTS:

 

The lease payments will start on 01.01.2013.
Starting from 3 years later than the date of agreement signature, the rent increase shall be made at the rate of USA consumer price
index annually.

 

The indoor workplace rent and service costs
(loading – unloading, water, electric, purification etc.) are paid on the payment terms and measurement basis specified in
“DESBAS Rent and Service Tariffs". The fees received maybe increased at maximum rate of 10% upon approval by the Undersecretariat
annually.

 

Regarding the matters of which are not
paid within their time, provision of Clause – 574 of Debts Law is exercised.

 

In no ways, the owner of commodities may
suspend or postponed their payments. The duration of this lease agreement is the same as its period of “Operating License”
and it can be extended upon existence of required conditions upon mutual agreement of both parties.

 

		4.	DEFAULT STATE:

 

In case where the User fell into default
after non-payment of rent cost, following provisions are applied:

 

		-	Annually 12 percent of default interest is applied over the amount of debt matured against the user.
In addition, a penal clause at the rate of 10 percent of the price related to the current rental period is accrued.

 

		-	Within a 30 day – period recognized to himself in process of notice or enforcement proceeding
follow up, in case where the User did not paid all types of rental and service liability together with all of their accessorial
rights, together with its concrete evidences, pertinent situation is notified to Free Zones General Directorate through mediation
of Regional Directorate with a can collation request for its “Operating License”. The provisions of rent law numbered
6098 are reserved.

 

    	 

    	 

    

 

		5.	RULES REQUIRED TO BE COMPLIED:

 

The User is obliged to comply with laws,
decrees, regulation provisions, the circulars and instructions of Ministry of Economy, general Directorate of Free Zones Abroad
Investments and Services, Regional Directorate and DESBAS. In addition, it is mandatory for the tenant to keep the rented space
clean and well-maintained. The User is liable for making payment of individual and joint general expenses related to the charges
in exchange of heating, cleaning, repair, maintenance, illumination, water, electricity, communication, security, loading –
unloading supervision, common personnel and similar services provided by DESBAS at the ratio of the usable surface area to DESBAS.

 

The User cannot fulfill execution of said
services and works without obtaining consent of DESBAS in writing; nor can it demand and obtain them from third persons.

 

		6.	RESPONSIBILITY

 

At the workplace it has rented, the User
is obliged to take all types of safety and health precautions and to comply with the orders and instructions related to arrangement,
operating mode and procedure of Zone to be determined by DESBAS and Regional Directorate and to get its assets insures against
fire and other risks. The User is liable for all in-coming and out-going goods, behavior, acts and transactions of its workers
and staff members, customers, vehicles transporting passengers and cargo at said workplace, machinery and equipments it uses and
damages caused by all of these to the infrastructural and the superstructure facilities of DESBAS and to third persons and properties
and interests of these persons against DASBAS and Regional Directorate.

 

IN THE EVENT OF USING THE GENERAL DEPOTS:

 

The owner of commodity declares and agrees
in advance that DESBAS shall not be in no way responsible for the deterioration and damage to the goods stored at the general depots
(including also the natural disasters such as fire, infestation, evaporation, decay, fire, flood, etc.). Evacuation of the assets
can be requested by DESBAS in occurrence of events in question.

 

The type, unit of issue and quantity declared
and specified in the invoices of the goods will be exactly accepted by DESBAS being packaged in form of cartons, boxes, pallets,
barrels etc. and taken to the general depots (the goods which are not delivered after being repaired or taped; including damaged
packing such as broken, torn, perforated and the like). During delivery of goods to the User company shall be responsible for any
shortages or excess, other than difference in type and / or declared input quantities. The unit prices and amounts of commodities
of the User or the companies holding a warehouse usage certificate do not in no ways bind DESBAS.

 

    	 

    	 

    

 

		7.	TRANSFER

 

The User cannot assign and endorse the
workplace it has hired with this agreement and recognize facility to be operated, utilized and benefitted in no way and form by
a third persons, either private persons and legal entities, even partially.

 

		8.	DAMAGE AND SECURITY

 

The User is obliged to take necessary measures
against fire, other risks and damages to third parties, which might occur emanating from the goods at said workplace and fulfill
its liability by getting them insured.

 

The User is responsible for the theft,
loss, deformation, damages which might take place due to not having taken necessary safety measures for the goods it had placed
into the workplace or natural disasters such as flood etc. and it declares and commits in advance that DESBAS would not be in no
way and form responsible due to these matters.

 

		9.	TERMINATION OF CONTRACT

 

This indoor workplace lease agreement shall
be automatically cancelled due to expiry of the period determined, expiry of Operating License term or cancellation of Operating
License due to the circumstances specified in the Regulation, without any further need for communicating a warning or advice letter.

 

		10.	CIRCULARS

 

The User is obliged to abide the circulars
and written instructions and orders to be issued by Regional Directorate or top authorities.

 

		11.	COMPETENT AUTHORITIES IN OCCURRENCE OF DISPUTE:

 

In settlement of disputes which might emanate
from execution of this agreement, firstly Istanbul Industry an d Trading Free Zone Director is authorized, in failure of reaching
an agreement, Istanbul Courts and Execution Offices are empowered.

 

		12.	APPROVAL

 

This indoor workplace lease agreement takes
effect upon being signed by the parties and as from the date of approval by the Regional Director.

 

		13.	OTHER PROVISIONS

 

On other matters not contained in this
indoor workplace lease agreement, the provisions of Laws and Regulations and the “Agreement” concluded between DESBAS
and Ministry of Economy, General Directorate of Free Zones Abroad Investments and Services apply.

 

    	 

    	 

    

 

However, the principles specified in this
agreement constitute the vested rights in respect of the parties herein.

 

		15.	APPLICABLE LANGUAGE

 

This agreement has been issued in Turkish
language and in existence of text of the same lease agreement translated in English language upon request by the User as to bear
signature of both parties, regarding the settlement of disputes which might arise, Text in Turkish language shall prevail.

 

		16.	LAST ARTICLE

 

This agreement consisting of 16 articles
including this article has been issued and signed between parties in 4 (four) copies.

 

Joint Debtor, Joint Guarantor

 

(Bail is valid until
the actual evacuation.)

 

NAME..............................:

 

SIGNATURE....................:

 

/S/ CSUN EURASIA ENERGY TECHNOLOGIES
INDUSTRY AND TRADE INC. CO.LTD

 

/s/ DASBAS-ISTANBUL INDUSTRY AND FREE
ZONE FOUNDER AND OPERATOR INC. CO. TUZLA/ISTANBUL.

 

	USER	DESBAS

 

(Signatures and Initials of Interested Authorities)Exhibit 4.55

English Translation for Reference Only

 

Wafer Sales Contract

Contract No.: NPM213012

Place of Signing: Nanjing

 

The Buyer: China Sunergy (Nanjing) Co.,
Ltd.

 

Legal Representative: Lu Tingxiu

 

The Seller: CEEG (Nanjing) Semiconductor
Materials Co., Ltd.

 

Legal Representative: He Aoxi

 

In order to enhance the sense of responsibility
of the Buyer and the Seller and ensure the realization of economic purposes of both parties respectively, this Contract is concluded
based on the principles of equality and mutual benefit through friendly negotiation for the purpose of joint compliance.

 

I. Product Details and Price Settlement:

 

		1.1	Product and price

 

	 	 	Product Name	 	Model	 	Specification	 	Quantity (Piece)	 	Unit Price

(RMB/Piece)
	1	 	Poly-wafer	 	S2 high-efficient	 	156×156	 	6,588023	 	6.5

 

	Total	 	RMB 42,822,149.5 (in words: RMB Forty-two Million Eight Hundred and Twenty-two Thousand and One Hundred and Forty-nine Point Five Only)
	Remarks	 	
        1. Product supply prices have included
        17% value-added tax.

        2. With consent from the Buyer, the Seller
        may deliver P1 common poly-wafer (refer to the Attachment) and supply sufficient quantity so as to meet the above total prices.
        The tax-included unit price of P1 common poly-wafer is RMB 6.15/piece.

 

1.2 Settlement mode:

 

Within ten (10) days after this Contract
is signed and comes into effects, the Buyer makes payment for goods based on the banker's acceptance bill within six (6) months
and the Seller arranges the shipment after receiving the payment for goods.

 

II. Mode of Performance of This Contract:

 

2.1 Delivery way

 

After the contract is signed, the Seller
transports the products to the Buyer's warehouse within three (3) days after receiving the banker's acceptance bill. The Buyer
shall receive the products in a timely manner and the Handler (power of attorney shall be submitted to the Seller for filing) authorized
by the Buyer accepts, signs and confirms the delivered quantity and issues the receiving certificate.

 

    	 

    	 

    

 

2.2 When the goods are delivered to the
Buyer, the risks of damage and loss of goods are transferred to the Buyer.

 

2.3 Product packing: Externally wrapped
by clean plastic film and flexible packing is not recycled.

 

2.4 Overdue receiving: If the Buyer fails
to receive the products based on the agreed delivery term and quantity without good reason, the Buyer shall bear the liquidated
damages equal to 5‰ of such payment for goods for each day delay and the Seller is entitled to re-arrange the delivery date
and batch. If the Buyer fails to pick up the goods over thirty (30) days, the Seller is entitled to collect the daily liquidated
damages, rescind or terminate the contract and require the Buyer to pay the liquidated damages to the Seller based on 10% of corresponding
amount of non-performed part in the total contract procurement quantity. The Buyer shall bear storage and other expenses therefrom
and the product risks are transferred to the Buyer from the date of overdue receiving.

 

III. Transportation Insurance

 

3.1 Product transportation: Highway automobile
transportation; the Seller organizes the vehicle and bears the loading & unloading and transportation expenses.

 

3.2 Product insurance: The Seller conducts
the insurance and bears the expenses before delivery.

 

IV. Quality Indexes: 

 

4.1 The quality indexes of products provided
by the Seller shall meet Attachment 1 "Wafer Quality Standards".

 

4.2 The defect rate of wafer delivered
by the Seller shall not exceed 0.3% (if the defect rate is within 0.3%, it is the reasonable and the Seller does not bear any responsibility)
of delivered quantity. If the defect rate of wafer is greater than 0.3%, the Seller shall replace the part beyond 0.3% (excluding
0.3%) of delivered quantity with qualified products.

 

V. Acceptance Mode and Objection Term:

 

5.1 Acceptance mode

 

5.1.1 The Buyer shall accept the product
quality (including appearance, model, specification and inherent quantity) within fifteen (15) days after the product delivery.
If the Buyer has any objection to the products, the Buyer shall raise such objection in writing to the Seller within twenty (20)
days after the product delivery. If the Buyer does not raise any objection within the above time limit, or the Buyer has put the
objectionable products into use even though the Buyer raises objection within the above time limit, it is deemed that the Buyer
confirms that the Seller's products completely meet all requirements of this Contract. After confirming the above objection in
writing, the Seller shall replace the products with qualified products or supplement the shortage within thirty (30) days after
written confirmation or when the products are delivered in the next month, and shall bear the transportation expenses therefrom.

 

5.1.2 If the Buyer raises any objection,
the Buyer shall provide complete complaint data (including but not limited to: batch quantity, batch number, defect data, and defect
picture); otherwise, it is deemed that the objection is invalid, and the Seller may not give a reply or bear any responsibility.

 

    	 

    	 

    

 

5.1.3 In case of any dispute with regard
to the product quality, both parties may, through negotiation, determine a qualified thirty party inspection institution to detect
the product and the blamable party bears the expenses.

 

VI. Confidentiality Obligation: 

 

6.1 The Buyer and the Seller are obliged
to keep this Contract (including but not limited to product model, specification, unit price, quantity, quality and settlement
mode) confidential.

 

6.2 The Buyer shall strictly keep confidential
existing production capacity, warehouse inventory, development plan and other business secret and product information of the Seller
in the business.

 

VII. Liability for Breach of Contract:

 

7.1 Overdue payment liability

 

7.1.1 Mode of undertaking overdue payment
liability (I): If the Buyer fails to make payment for goods in full within the term at the latest agreed upon in this Contract
and the overdue payment is over fifteen (15) days, the Buyer shall pay the liquidated damages to the Seller from the date of payables
agreed upon in the contract based on 3‰ of unpaid amount for each day delay till all overdue money is paid off, and the
Seller is entitled to suspend the shipment of undelivered products.

 

7.1.2 Mode of undertaking overdue payment
liability (II): If the Buyer fails to pay loans in full within the term at the latest agreed upon in this Contract, the Buyer shall
pay the liquidated damages based on one-year loan interest rate of the bank at the same period/365 for each day delay till all
overdue money is paid off, and the Seller is entitled to suspend the shipment of undelivered products.

 

7.1.3 Special descriptions:

 

The Seller has the right of selection application
with regard to two modes of undertaking overdue payment liability in 7.1.1 and 7.1.2. The specific selection and implementation
mode are as follows:

 

i) The Seller's selection right is applicable
for any month after overdue payment of the Buyer, for example: The Seller may require the Buyer to undertake the liability for
breach of contract based on "mode of undertaking overdue payment liability (I)" for the first month of overdue payment
of the Buyer and may require the Buyer to undertake the liability for breach of contract based on "mode of undertaking overdue
payment liability (II)" for the third month of overdue payment of the Buyer. The overdue liquidated damages are accumulated
and calculated after calculation based on the mode of undertaking liability designated by the Seller.

 

ii) "Month" in 7.1.3 i) refers
to calendar month, and the change of "mode of undertaking overdue payment liability" shall be subject to "month".

 

7.1.4 If the overdue payment is greater
than sixty (60) days, the Seller is entitled to terminate or rescind this Contract in whole or in part unilaterally.

 

    	 

    	 

    

 

If the Seller terminates or rescinds the
contract in whole or in part due to overdue payment of the Buyer, the Buyer shall pay the daily liquidated damages to the Seller
pursuant to 7.1.3 and bear liquidated damages equal to 20% of overdue payment amount.

 

7.2 Quality default: If the Seller's products
fail to meet the requirements in this Contract, the Buyer is entitled to require the Seller to replace them with products meeting
the requirements in this Contract. If the products replaced by the Seller still fail to meet the contract agreement, the Buyer
is entitled to require the return of goods. The remedy mode with regard to quality default in this article is the only remedy mode
of the Buyer.

 

7.3 Secret divulgence liability: As for
the ordinary secret divulgence of either party, the other party may require such party to bear the liability for breach of contract
not more than RMB 1 million; if the Buyer encroaches on the business secret of the Seller, the Seller may require the Buyer to
bear the liability for breach of contract of ordinary secret divulgence and require the Buyer to compensate for other economic
losses.

 

7.4 Disclaimer: Within the scope allowed
by law, the Seller does not make any other express or implied warranties for products or other contents and explicitly declares
that no statutory, express or implied warranties are made, including warranties with regard to marketability, special applicability
and non-infringement or all representations or warranties generated by the transaction or trade custom.

 

7.5 Limitation of liability: Within the
scope allowed by law, under any circumstance, the Seller does not bear any indirect or derivative losses or damage (including loss
of anticipated business profits, loss of other economic benefits in the future, etc.) due to the contract performance. Within the
scope allowed by law, no matter any other provisions are included in this Contract, all accumulated liabilities of the Seller related
to this Contract shall not exceed 10% of contract prices of products involving the breach of contract. The Buyer acknowledges and
agrees that the limited remedy and limitation of liability in this Contract have been negotiated and are fundamental clauses of
this Contract and the contract prices will be higher if no such limited remedy or limitation exists.

 

7.6 The Buyer and the Seller agree that:
"If the liquidated damages are over-high, the default party may apply for reduction to the court and arbitral authority in
Article 114, Contract Law" is waived.

 

7.7 The Buyer agrees that:

 

i) If the Buyer is involved
in breach of contract to the affiliates of the Seller, the Seller is entitled to stop the shipment or temporarily withhold payment
for goods of corresponding amount within the scope of its breach of contract.

 

ii) If the Buyer is
involved in breach of contract to any contract between the Buyer and the Seller, the Seller is entitled to stop the shipment or
temporarily withhold payment for goods of corresponding amount within the scope of its breach of contract.

 

7.8 The Buyer agrees that: If the Buyer
and the Seller (and its affiliates) have contract relationship, its affiliates are entitled to their rights in relevant contract
to the Seller and the Seller is entitled to transfer its rights in this Contract to its affiliates. Any dispute with regard to
the performance of contract rights after the transfer shall be governed by the people's court with jurisdiction in the local place
of the transferee of contract rights.

 

7.9 Two sellers are only responsible for
their performance of this Contract but do not bear any joint liability.

 

VIII. No Resale

 

8.1 The Buyer commits that its products
purchased from the Seller are only used to meet the production requirements of the Buyer or its affiliates but are not re-sold
to any third party at home and abroad. In case of any such behavior, after verification, the Seller is entitled to confiscate the
paid money for goods of the Buyer and require the Buyer to pay the liquidated damages equal to 20% of total amount of involved
products; if the abovementioned liquidated damages fail to offset actual losses against the Seller, the Buyer shall bear the damage
compensation liabilities to the Seller according to the facts.

 

    	 

    	 

    

 

8.2 "Affiliates" in this Agreement
refer to the company which is directly or indirectly controlled by a party, which is controlled together with the party, and which
controls the party."Control" refers to direct or indirect holding of more than 50% (including 50%) of shares or equity
with voting power of the company.

 

IX. Non-compete

 

The Buyer commits that: Within the valid
term of this Contract, the Buyer and its affiliates shall not be engaged in the production of any products having competitive relation
with the Seller by investment, holding, agreement control or other modes. In case of any breach of the above commitment, the Seller
may require the Buyer to stop such behavior forthwith. If the Buyer does not stop such behavior within thirty (30) days, the Seller
is entitled to unilaterally rescind or terminate any agreement/contract with the Buyer and is entitled to require the Buyer to
bear the liquidated damages equal to 30% of amount of involved products.

 

X. Settlement of Dispute: 

 

10.1 With regard to matters uncovered herein,
both parties may negotiate separately and sign an official supplemental agreement in writing.

 

10.2 In order to improve the contract performance
efficiency, both parties have fully assessed the contract performance mode and remedy for breach of contract; in case of any dispute,
both parties shall negotiate fully and agree to guarantee their own benefits based on the remedy mode (including the default punishment
and settlement of dispute) agreed upon in this Contract only.

 

10.3 This Contract is subject to the laws
of the People's Republic of China. In case of any dispute during the performance, both parties shall settle such dispute through
negotiation at first. If negotiation fails, such dispute is governed by the local people's court of the party lodging the lawsuit.

 

XI. Contract Effectiveness: 

 

11.1 The Buyer and the Seller unanimously
confirm that the representatives signing this Contract have obtained their full authorization and this Contract comes into effect
after seal by both parties and signature by authorized representatives.

 

11.2 All pages of this Contract are signed
by authorized representatives or affixed with seal on the

perforation.

 

11.3 Without negotiation by both parties,
neither party may unilaterally terminate or change this

Contract.

 

XII. Contact and Notice:

 

Any notice and document sent by either
party to the other party must be subject to the following address:

 

The Buyer: China Sunergy (Nanjing) Co.,
Ltd.

 

Address: No.123, Focheng West Road, Jiangning
Economic & Technological Development Zone, Nanjing

 

    	 

    	 

    

 

Contact Person: Dai Guoqing; Tel.: 025-52766666Email:
guoqing.dai@chinasunergy.com

 

The Seller: Address of CEEG (Nanjing) Semiconductor
Materials Co., Ltd.

 

Address: No.6, Shuige Road, Jiangning Economic
& Technological Development Zone, Nanjing

 

	Contact Person: Liu Jincai	Tel.: 025-52095908	Email: liujc@ceeg.cn

 

 

In case of any change of contact way, either
party shall give a notice to the other party forthwith; otherwise, the blamable party shall bear any losses therefrom.

 

XIII. Miscellaneous

 

This Contract is made in quadruplicate
with each party holding two (2) copies respectively and all having the same legal effect.

 

(no text below)

  

	The Buyer (seal): China Sunergy (Nanjing) Co., Ltd	 	The Seller (seal): CEEG (Nanjing) Semiconductor Materials Co., Ltd
	 	 	 
	/s/ The Buyer (seal): China Sunergy (Nanjing) Co., Ltd	 	/s/ The Seller (seal): CEEG (Nanjing) Semiconductor Materials Co., Ltd
	 	 	 
	Address: No.123, Focheng West Road, Jiangning Economic & Technological Development Zone, Nanjing	 	Address: No.6, Shuige Road, Jiangning Economic & Technological Development Zone, Nanjing
	 	 	 
	Tel.: 025-52766666	 	Tel.: 025-52095917
	 	 	 
	Fax: 025-52766666	 	Fax: 025-52095953
	 	 	 
	E-mail:guoqing.dai@chinasunergy.com	 	E-mail: liujc@ceeg.cn
	 	 	 
	Authorized Signer (signature):	 	Authorized Signer (signature): Liu Jincai
	 	 	 
	Title:	 	Title:
	 	 	 
	Date: November 4 ,2013	 	Date:

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