China Sunergy Begins Manufacturing in Turkey

                 China Sunergy Begins Manufacturing in Turkey

  PR Newswire

  NANJING, China, and ISTANBUL, Turkey, Dec. 27, 2012

- Partners with Seul Energy in cell and module production as well as
downstream projects

NANJING, China, and ISTANBUL, Turkey, Dec. 27, 2012 /PRNewswire/ --China
Sunergy Co., Ltd. (Nasdaq: CSUN) ("China Sunergy" or the "Company"), a
specialized solar cell and module manufacturer, today announced that the
company has set up a new manufacturing facility in Istanbul, Turkey with local
partner Seul Energy Investment Corp ("SEUL Energy"), a leading solar system
provider, solar project developer and installer in Turkey.

In September, the two companies signed agreements to invest jointly in three
newly established companies under the name "CSUN Eurasia" to produce PV cells
and PV modules in Turkey and to invest in downstream solar projects in Turkey
and neighboring countries. The first 150 MW solar module line installed in the
new facility will begin producing solar panels in January 2013, while 100MW
solar cell line is now under installation and will start manufacturing in
March 2013. Moreover, company is currently planning to move additional 200MW
equipment to Turkey plant from the facilities in Shanghai in the first quarter
of 2013 and to gradually ramp up production in the first half of next year, a
plan subject to market dynamics and Turkey plant's production progress.

As a major step forward in CSUN's global operations strategy, the new plant,
covering more than 22,000 square meters has been set up in facilities in the
Trade Free Zone in Istanbul, Turkey, a traditionally symbolic meeting point
between Europe and Asia. China Sunergy expects the new plant to create over
1,200 job opportunities locally. The Company expects Turkey to become its
second largest manufacturing base after China. The new factory will be able to
efficiently serve customers across Europe and even the U.S. CSUN Eurasia
expects to hold a grand opening ceremony in Istanbul early next year.

Last July, it was reported that China Sunergy had signed a memorandum of
understanding to establish a Turkish manufacturing base with another local
partner, Akfel Group. However investment negotiations between Akfel Group and
China Sunergy (CSUN) has been suspended. Parties aim to jointly pursue
regional downstream project opportunities in the future.

Mr. Stephen Cai, CEO of China Sunergy commented, "We are delighted to see our
facilities in Turkey established and ready for production. Solar projects in
Turkey enjoy higher feed-in tariffs when adopting locally manufactured cells
and modules. Therefore, we believe our cooperation with the strong local
partner SEUL Energy will help us capture substantial market share in the
region."

Mr. Cagri Seymen, CEO of SEUL Energy noted: "Turkey's energy demand has
dramatically increased over the past decade, and we believe with one of the
highest solar radiation in Europe, Turkey is poised to become the next new
solar energy dynamo in the region. Moreover, Turkey's geographical location is
ideal as a natural bridge between both North-South and East-West markets. We
look forward to being a successful player in this region with China Sunergy
both in PV manufacturing and PV power plant investment businesses."

Mr. Stephen Cai, CEO of China Sunergy concluded, "Although the solar industry
is still facing headwinds, looking ahead, it possesses great potential as the
sun's energy supply is inexhaustible and pollution-free. Although Turkey is a
fairly new market, we believe China Sunergy has first mover advantage there
and now we have cost competitiveness by deploying resources locally.
Diversifying our manufacturing base to Turkey helps enhance our global supply
chain and minimize any negative impacts from anti-dumping cases in the US, EU,
or elsewhere. We are confident that the Company is well positioned to capture
future industry growth for the benefit of our shareholders."

About China Sunergy Co., Ltd.

China Sunergy Co., Ltd. is a specialized manufacturer of solar cell and module
products in China. China Sunergy manufactures solar cells from silicon wafers,
which utilizes crystalline silicon solar cell technology to convert sunlight
directly into electricity through a process known as photovoltaic effect, and
assembles solar cells into solar modules. China Sunergy sells these solar
products to Chinese and overseas module manufacturers, system integrators and
solar power systems for use in China and many other markets. For additional
information, please visit http://www.chinasunergy.com .

About Seul Energy Investment Corp.

Seul Energy is a leading developer and installer of solar photovoltaic (PV)
parks in Turkey. Seul develops, plans, builds and operates solar plants and
systems and is a specialist wholesaler of turnkey photovoltaic plants and
systems, solar modules, inverters and all other components. At Seul, we are
responding to the worldwide growing demand for renewable and affordable energy
by supplying products to generate electricity.

For further information, please visit Seul Energy's website at
http://www.seulenergy.com

Media Contacts:

China Sunergy Co., Ltd.

Elaine Li

Phone: +86-25-5276-6696

Email: Elaine.li@chinasunergy.com
Brunswick Group
Hong Kong                         Hong Kong

Ginny Wilmerding                  Annie Choi

Phone: + 852-3512-5000            Phone: + 852-3512-5000

Email: csun@brunswickgroup.com    Email: csun@brunswickgroup.com
Seul Energy Investmet Corp.

Arzu Ozdemir

Phone: +90-212-210-2100

Email: arzu.ozdemir@seul.com.tr

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical facts in this
announcement are forward-looking statements. These forward-looking statements
are based on current expectations, assumptions, estimates and projections
about the Company and the industry, and involve known and unknown risks and
uncertainties, including but not limited to, demand for and selling prices of
the Company's products, execution of our strategy to expand into downstream
solar power businesses, general economic and business conditions; the
Company's ability to attract or retain qualified senior management personnel
and research and development staff; future shortage or availability of the
supply of raw materials. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events or
circumstances, or to changes in its expectations, except as may be required by
law. Although the Company believes that the expectations expressed in these
forward looking statements are reasonable, it cannot assure you that its
expectations will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated results.

Website: http://www.chinasunergy.com
Website: http://www.seulenergy.com
 
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