Solarfun

Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules in China, today announced it has entered into two contracts to supply 12MW PV modules to projects in Italy. The first contract was signed with GranSolarGhella, SrL to supply 6MW PV modules to southern Italy, to be delivered in the second half of 2010. The second contract was signed with T.R.Z. Tozzi Renewable Energy S.p.A. to supply 6MW PV modules to central Italy, to be delivered during the third quarter of 2010.

Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, today announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary of Solarfun, has obtained a framework credit facility in the amount of RMB7 billion, or an equivalent amount of foreign currency, from Bank of China, Nantong branch. The contract has a term of 10 years and provides a number of credit facility options.

Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, today announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary of Solarfun, has obtained a credit facility in the amount not exceeding RMB6 billion, or an equivalent amount of foreign currency, from Bank of Shanghai, Nanjing branch. The contract has a term of 5 years. Specific drawdowns against this facility are subject to internal review and approval by the Bank.

 Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules in China, today announced its plan to increase its cell capacity by 50 MW through the enhancement of its manufacturing processes, and to convert 160 MW of its existing cell lines to high-efficiency selective emitter technology, both to be completed in the early first quarter of 2011.

Solarfun Power Holdings Co., Ltd., (NASDAQ: SOLF), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules in China, today announced that it will launch its new “SolarIris” line of building integrated photovoltaic modules at the International Solar (“Intersolar”) Europe Conference in Germany, from June 7 to 11, 2010. With more than 1,800 exhibitors and 60,000 visitors expected, Intersolar is one of the biggest solar-related trade shows in the world.

Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, will exhibit its new products at International Solar Germany at the New Trade Fair Centre in Munich from June 9 to 11, 2010. The Company can be found in Hall B6, Booth 150.

Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the quarter ended March 31, 2010.

First Quarter 2010 Highlights

• Total net revenues were RMB 1,475.8 million (US$216.2 million) in 1Q10, an increase of 17.8% from 4Q09 and an increase of 115.7% from 1Q09.

Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, today announced that the Company sponsored the Shanghai New Energy Committee 4th International PV Power Generation Conference and the Opening Ceremony on May 7, 2010.

Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots and wafers, and photovoltaic cells and modules in China, today announced that due to demand from customers for the second half of 2010, the Company plans to increase module capacity to 900 MW by August 2010. Additionally, the Company purchased a cell line from Semiconductor Manufacturing International Corporation, which would increase the Company's cell capacity to over 500 MW by July 1, 2010.

Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, will exhibit its products at the Shanghai New Energy Committee 4th International PV Power Expo in Hall W4, Booth T4020 at the International Expo Center in Shanghai, China, from May 5 to 7, 2010.

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