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ET Solar Group Announces a 1 MW Dual-Axis Tracking Systems Contract with Premier Power Renewable Energy in the United States

2008-09-25 17:00 1072

NANJING, China, Sept. 25 /Xinhua-PRNewswire/ -- ET Solar Group Corp. ("ET Solar"), a Nanjing-based solar power solution provider and integrated manufacturer of photovoltaic products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems with manufacturing facilities located in Taizhou, China, announced today a 1 MW dual-axis tracking system contract with Premier Power Renewable Energy Inc. ("Premier Power"), a California-based solar systems integrator.

These dual axis tracking systems were jointly developed by ET Solar Group and Meca Solar, one of the top tracking system manufacturers in Europe. Each system has a peak power of more than 11 kilowatt and is controlled by an astronomical program to track the sun.

Under the contract, ET Solar will ship a total of 97 dual-axis tracking systems to Premier Power. These tracking systems will be installed near San Francisco in Northern California. The project is scheduled to be completed before the end of this year. With these dual-axis tracking systems, annual power output of this project is estimated to be more than 2 million KWh, up to 40% higher than fixed array installations in the same region.

Linhui Sui, Vice President and Chief Strategy Officer of ET Solar Group, commented: "We are very excited to have our first large-scale tracking system project installed in the San Francisco Bay Area. We are proud to have the opportunity to work with Premier Power, a quality and leading PV system integrator, on this milestone project. It is an official recognition of our product, service, and engineering capability."

Greg Page, Director of Business Development of Premier Power, commented: "We are very delighted to be part of this landmark project. Considering the complex landscape and environment of the project, we simply could not find a better solution than the high quality ET tracking systems. ET Solar's strong local support, superior engineering capability and solution-oriented working style made our decision much easier."

About Premier Power

Premier Power is a leading global provider of small to large-scale solar power systems, delivering unmatched experience to commercial, agricultural and residential customers. Premier Power's mission is to install one million solar systems to become a part of the environmental solution while exceeding its customer's expectations.

About ET Solar

ET Solar is an integrated solar component manufacturer and a solar power solution provider. Headquartered in Nanjing, China, ET Solar has two manufacturing facilities in Taizhou, China. The company's diversified products range from mono- and multi-crystalline ingots, silicon wafers, modules, dual-axis tracking systems to BIPV products. ET Solar maintains an extensive global distribution and service network and has been implementing sales through a combination of extensive direct sales and global distribution. Marketing and after-sales services throughout Germany, Italy, Spain, the United States and Korea strive to ensure its products are readily accessible in the world's major solar markets. With a concerted effort to supply its customers with tailor-made modules for customer specific requirements, ET Solar provides pro-active solutions for everyone's solar energy needs.

Forward-looking Statements

This announcement contains forward-looking statements which can be identified by words or phrases such as "anticipate," "expect," "estimate," "expect," "intend," "is/are likely to" "may," "will" or other similar expressions. These forward-looking statements involve known and unknown risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements and are based on current expectations, assumptions, estimates and projections about ET Solar and the industry. There is no assurance that ET Solar's expectations will turn out to be correct. ET Solar does not undertake any obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law.

For more information, please contact:

Fischer Chen

ET Solar Group Corp.

Tel: +86-25-8324-9289

Email: pr@etsolar.com

Source: ET Solar Group Corp.
Keywords: Oil/Energy
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