Saturday, August 30, 2008

ET Solar Group partners with Wattner on 50MW worth of solar projects

29 August 2008

ET Solar Group Corp has teamed with the Wattner Group from Germany to supply and install 50MW worth of solar projects in Southern Europe over the next 5 years. The contract is said to be worth €200 million to ET Solar and will use approximately 12,000 PV modules.

"Wattner opted for ET Solar because we possess the unique combination of profound manufacturing experience and in-depth EPC knowledge (Engineering- Procurement-Construction). The cooperation with investment partners such as Wattner is key for our development and expansion plans in international markets," said Xinghua Wang, Chairman & Chief Executive Officer of ET Solar.

The projects will be handled by ET Solar's subsidiary, ET Solutions AG.

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