ET Solar announces it has signed a cooperation contract to enter into a joint venture (JV) with Xi'an LONGi Silicon Materials Corp.
Under the JV, ET Solar and LONGi will complement and expand their expertise and advantages in technology, development, products, branding and sales channels. Together they will be dedicated to promoting mono-crystalline solar modules around the world.
Both ET Solar and LONGi have great confidence in the future of the collaboration. "This strategic contract signifies an enhancement of mutual cooperation on technology, products and global marketing," said Xinghua WANG, Chairman of ET Solar. "Through this cooperation, ET Solar and LONGi will complement each another, forming a compatible and efficient alliance that combines the upstream and downstream sectors of the solar industry."
"ET Solar and LONGi have their respective specialities in the PV industry," said Baoshen ZHONG, Chairman of LONGi, "but we share similar views and ideas about how to develop a global market, contribute to the environment and establish a subsidy-free PV market with net metering. Our strategic cooperation will open new doors for both parties."