January 13, 2009

Nanjing, China: ET Solar Signs Module Supply Agreement with German Integrator, USE

ET Solar Group has signed a sales agreement with USE, a large German photovoltaic product integrator and distributor.

According to the signed agreement, ET Solar will deliver a total of 13MW of high-efficiency solar modules to USE between January and November 2009.

Dennis She, Vice President and Chief Sales Officer of ET Solar Group commented, "Our strategic relationship with USE dates from the second half of 2008 when we shipped a substantial module volume to our new strategic German partner. Amid a severe global economic downturn and a more challenging solar industry landscape, this 13MW agreement demonstrates the total customer satisfaction and superior product quality that we achieved in 2008 with our customers. The strong ties we share with a quality name like USE will ensure that ET Solar plays an increasingly significant role in world's largest PV market.

Arnold Berens, CEO of USE commented: "We are very pleased with the strategic relationship with ET Solar, a strong solar PV turnkey service and state-of-the-art equipment provider. Through the business relationship we have had in the past few months, we are convinced that ET Solar is the right long term business partner for us to work with given the excellence in their product quality, pre and after-sales services and business strategy."

ET Solar Group Corporation is a Nanjing-based solar power EPC 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.

Further details about: ET Solar Group and USE