Solar module maker ET Solar has signed a cooperation contract with Xi’an LONGi Silicon Materials Corp., a monocrystalline products manufacturer.
Under what the companies call a joint venture, ET Solar and LONGi say they will complement and expand their respective experience and advantages in technology, development, products, branding and sales channels. Together, the two China-based companies will be dedicated to promoting monocrystalline solar modules around the world.
“This strategic contract signifies an enhancement of mutual cooperation on technology, products and global marketing,” says 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 specialties in the PV industry, 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,” adds Baoshen ZHONG, chairman of LONGi. “Our strategic cooperation will open new doors for both parties.”