A long-term procurement agreement between ET Solar Group and Neo Solar Power Group will ensure that a total volume of 370 MW solar cells are procured between 2011 and 2013.
ET solar, a vertically integrated downstream solar power product manufacturer and turnkey solution service provider, has been conducting business with Neo Solar for the past three years and
acknowledged Neo Solar as Top Partner of 2011 during the agreement signing ceremony.
In a press release, Dennis She, president of ET Solar, commented that the 'Top Partner Award' was a reward for the high product quality and outstanding customer service that Neo Solar had delivered to the company. The procurement agreement further cemented the company's supply chain management that would in its turn benefit customers.
He further added, “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."
Dr. Quincy Lin, chairman of Neo Solar Power, said it was an honor that Neo Solar Power had been chosen for the 'Top Partner Award 2011 by ET Solar for two consecutive years. He said that they were
thrilled to cooperate with ET Solar and the inking of the agreement would only buttress the long-term strategic partnership and competitive spirit on both sides.
Commenting on the agreement, he said, “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.”
With local sales and marketing subsidiaries and offices in Asia, Europe, and North America, ET Solar has provided solar modules, solar tracking systems and turnkey solution services to its customers in over 50 countries.
Founded in December 2005, Neo Solar Power is a leading solar cell manufacturer specializing in research, development, and manufacturing of high efficiency solar cells.
In a related news release, ET Solar, a Nanjing-based PV system turnkey solution service provider and integrated manufacturer of downstream PV products, announced a large annual module supply agreement with PM Service Srl. Under the agreement, ET Solar will supply 50MW of mono and multi-crystalline PV modules to PM Service in 2011.
Mini Swamy is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.Edited by
Jaclyn Allard
