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Source: CNBM Date: Augest 29, 2012  On August 27, China Triumph International Engineering Co., Ltd (CTIEC) signed an EPC contract for construction of 48MW PV power station with East Asia Group. CTIEC would provide EPC service of design, supply of equipment materials, construction, installation and debugging and technical training for PV power station projects (48MW in total) distributed in 7 regions of Japan. The first project, Japanese Chiba Ootaki-machi 2MW PV power station project was later launched. On the same day, the president of CTIEC Peng Shou signed a cooperation memorandum together with CEO of Japan Asia Investment Co., Ltd. Osamu Hosokubo, and a reached series of consensus in terms of cooperation with Japan to develop solar power generation business, which laid a foundation for both parties' cooperation. Furthermore, the first power station in 50MW contract signed by and between the company and Japan in May 2012 – 2.3MW Fukushima No.1 project EPC contract has been signed and executed on August 27, marking that the PV engineering of CTIEC in Japan has entered the construction stage. Since the Japanese government released new policies for allowance of PV power generation on July 1, 2012, the global PV engineering companies pay key attention to Japanese market. CTIEC even keeps close attention on Japan's PV market; through untiring efforts, the Company has obtained abundant achievements in terms of exploitation on PV power station business over Japan.