Under the agreement, Meca Solar will provide technical and technological support and assistance for ET Solar’s tracker design and manufacturing, and provide installation training for ET Meca dual-axis projects; and become a minority shareholder of ET Solar. Additionally, with guidance of Meca Solar, ET’s engineering staff will become authorized and certified installation technicians.
Xinghua Wang, CEO and president of ET Solar, said: With our ongoing sales over the past 12 months and a recent additional 10MW contract for 2008 with OPDE (Meca Solar’s parent company) and now a strong strategic tracker manufacturing partnership with Meca Solar, I have every reason to believe that future opportunities between the two organizations are abundant.
