ET Solar wins PV module supply deal from Danish EnergiMidt

Oct 17, 2012 - Danish utility EnergiMidt has selected Chinese solar product maker ET Solar Group Corp as its major photovoltaic (PV) modules supplier for its rooftop PV projects in 2013, ET Solar said in a statement today.

The two companies have signed a memorandum of understanding (MOU) "to formalize the strategic tie" between them, ET Solar said.

"With EnergiMidt's strong market position and ET Solar's unique experience, we will contribute greatly to the take-off of the Danish PV market in next few years", said Dennis She, ET Solar's president and CEO.

The Danish solar power sector has been growing fast lately, driven by the drop in prices due to technological development and intense global competition between solar power plant producers, as well as by Denmark's strong support for solar power investments. The country is likely to reach its 2020 target of 200 MW of installed solar power capacity as early as this year, the Danish government announced last week.

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