ET Solar to procure 370MW solar cells from Neo Solar

ET Solar will buy a total volume of 370MW solar cells between 2011 and 2013 from Neo Solar.

The two groups have announced a long term procurement agreement.

During the agreement signing ceremony, ET Solar awarded "Top Partner of 2011" to Neo Solar for the strong business collaboration that the two firms achieved in the past three years.

“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," said Mr. Dennis She, President of ET Solar.

" 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," stated Dr. Quincy Lin, Chairman of Neo Solar Power.