Greenergy Holdings Incorporated announced that it executed counterpart an International Distributorship Agreement with Hanergy Thin Film Power Asia Pacific Limited. Hanergy is engaged in the business of manufacturing and selling solar-powered related products. Under the Agreement, the Company is appointed as Hanergy's distributor in the Philippines for the promotion and sale of all Hanergy solar products such as, but not limited to, the new and innovative Film Flat SOLARtile. The Agreement has a term of one year, with an option to renew for another year upon expiration of the original term.