ET Solar has been providing PM Service with modules for the past three years, but a new module supply agreement marks the largest annual supply volume to be delivered between the two companies. The contract will see ET Solar deliver 50MW of mono and multi-crystalline PV modules to PM Service throughout 2011.
Dennis She, CEO of ET Solar, commented, “The transaction is an important step to take our relationship with PM Service to the next level. Over the past three years, ET Solar and PM Service were very successful with the co-marketing strategy to grow our market share in Italy. We look forward to replicating our past success as we enter into 2011 when the Italian PV market development intensifies.”