ET Solar Establishes Financing Subsidiary In U.S.

China-based ET Solar Energy Corp. has established a U.S. subsidiary, ET Capital Inc., to pursue solar energy financing opportunities.

Headquartered in San Francisco, ET Capital will focus primarily on solar portfolios above 5 MW with power purchase agreements on a worldwide basis.

Dennis She, president and CEO of ET Solar, says the subsidiary will partner with developers, investors and power purchasers to increase solar project transactions while also lowering closing costs. Potential partners include corporations, institutions, utilities, municipalities and nonprofits.

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