ET Solar Signs 370MW Solar Cell Agreement with Neo Solar

ET Solar, one of the world’s leading producers of vertically integrated downstream and turnkey solar solutions since 2003, has agreed to partner with younger, 2005 founded, Neo Solar Power Corp. (Neo Solar) for the procurement of a total of 370 MW of solar cells over the next two years.

The 2011-2013 agreement between the two powerhouses is geared towards reinforcing the two company’s rolls as leading providers of solar research, development, and manufacturing into the next decade.
During the agreement signing ceremony, ET Solar awarded Neo Solar the honor of “Top Partner for 2011” for the strong business collaboration that the two firms achieved in the past three years.

In their December 28, 2010 press release Mr. Dennis She, President of ET Solar, commented, “The “Top Partner” award carries our appreciation for the high product quality and outstanding customer service that Neo Solar delivered to us. The three-year long term procurement agreement will further strengthen our supply chain management and ultimately benefit our customers. In addition, we have also commenced joint efforts for new product development with Neo Solar. This multi-facet relationship clearly warrants a stronger partnership between the two firms going forward.”

In a separate press release by Neo Solar, Dr. Quincy Lin, Chairman of Neo Solar, expressed mutual feelings of excitement for the future of the two company’s relationship stating, “We are thrilled to cooperate with ET Solar, one of the leading solar system companies in China. This agreement further enhances the long-term strategic partnership and competitiveness on both sides. It's our honor that NSP has been chosen as Top Partner by ET Solar since 2009 for two consecutive years. Recently, we have been securing material supplies with upstream manufacturers by consolidating agreements to actively strengthen our support for the clients' growth. We will continue to supply high performance PV cells to ET Solar to expand sales for both parties and advance in global market share.”