JOINT PARTNERSHIP AGREEMENT FOR DEVELOPING A DOUBLE-SIDED SILICON SOLAR CELL (English Translation)
Exhibit
10.5
DEVELOPING
A DOUBLE-SIDED SILICON SOLAR CELL
(English
Translation)
Perfectenergy
(Shanghai), Ltd. (hereinafter,
known as "Party A") and
Shanghai Solar Power Technology Research Center (hereinafter,
known as "Party B") hereby establish this partnership agreement to promote
the
development of terrestrial double-sided silicon solar cell technology, and
to
improve the green energy technology in China. Jointly
developed by both parties through equal negotiations, this agreement sets forth
the cooperation between the two parties for a “development of double-sided
silicon solar cell” project. The project research includes the
following:
| · |
Boron
diffusion testing, to find suitable sheet resistance and relative
diffusion conditions.
|
| · |
Research
on a bulk production technique: how to reduce costs and simplify the
assembly flow while maintaining the same cell
performance.
|
1.
Roles
and Responsibilities:
Party
A’s
role and responsibilities:
| 1) |
Apply
the silicon suede coating and assemble components, including the spray,
electrode, welding, etc. Assemble the double-sided silicon solar cell
based on the silicon chip with excellent boron diffusion to be supplied
by
Party B. Using the current assembly process of ground silicon solar
cell
as reference, improve the assembly craftsmanship based on the actual
result.
|
| 2) |
In
order to implement bulk production, start with a small bulk production
as
the test based on Party A’s current production line. Provide assembly
equipment and relevant personnel to ensure a flawless work flow.
|
| 3) |
In
charge of commercializing double-sided solar cell technology and mass
production.
|
Party
B’s
role and representatives:
| 1) |
Design
the double-sided silicon solar cell and perform the simulation analysis.
Improve cell construction by integrating the lab data provided by Party
A.
Perform cell test analysis, including a power performance test and
quantum
response test.
|
| 2) |
In
charge of the R&D of boron diffusion.
|
2.
Term
of this agreement
From
November 2006 to February 2008
3.
Confidentiality
During
the execution of the entire joint partnership project, each party has the
obligation to maintain in confidence and not to disclose any confidential
information regarding the progress of any related projects, the selection of
materials, assembly technique and construction, system layout, technique and
all
other related information.
4.
Intellectual Property
During
the entire joint partnership project, any technical achievement accomplished
jointly by both parties will be owned by both parties; any technical achievement
accomplished by an individual party will be owned solely by that individual
party.
5.
Both
parties are obligated to follow the terms set forth in this agreement. No party
shall terminate or refuse to fulfill this agreement, except due to a force
majeure event. Each party is liable for its own expenses. When the project
is
accomplished, Party A is responsible for the production and marketing promotion
of the finished product, and Party B is entitled to receive 3% to 5% of the
sales volume as a technology consultant fee.
6.
The
agreement is not effective until signed by both parties with stamps. This
agreement has 4 copies of (each copy has two pages), with each copy deemed
to
have the same force and effect. Each party holds two copies.
7.
Any
new issues that emerge during the execution of this agreement shall be resolved
by both parties through coordination.
Perfectenergy
(Shanghai), Ltd.
Authorized
Representative
Shanghai
Solar Power Technology Research Center
Authorized
Representative
