Friday, July 11, 2008

China's ET Solar taps into Korea's PV market



ET Solar Group Corp, a Nanjing-based vertically integrated manufacturer of photovoltaic products, announced Wednesday it has won a deal to supply 500 kilowatt of PV modules to Techwin, a leading plant engineering and environmental technology development company in Korea.

The ordered 500 kilowatt of PV modules will be delivered to Techwin during the third quarter of this year. This deal is ET Solar's first step to tap into the Korean PV market. Earlier it has won supply deals in Italian and French markets, according to Wang Xinghua, CEO and chairman of ET Solar.

In the next few months, ET Solar hopes to forge some new relationships and become a bigger solar equipment supplier in the booming Korean PV market, said Wang. Sang-IK Park, Senior Managing Director of Techwin, said he expected to further cooperate with ET Solar in the future.

ET Solar provides high quality PV modules. It has two manufacturing facilities in Taizhou, China. It has expanded its business to the world's major solar markets, including the U.S., Germany, Italy, Spain, and Korea. Its products include ingots, wafers, modules, and state-of-the-art dual-axis tracking systems.


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