ET Solar Enters into MOU with Fenahtect for Housing Project in Brazil

Aiming at constructing 5,000 houses with steel frame and supplying photovoltaic modules

SAN FRANCISCO, Aug. 8, 2013 -- ET Solar Group Corp. ("ET Solar"), a leading solar one-stop solution provider, today announces that at it has signed a Memorandum of Understanding ("MOU") at Enersolar+Brasil 2013 with Federacao Nacional das Entidades Habitacionais dos Empregados nos Correios( "Fenahtect"), a national postal authority in Brazil, aiming at constructing 5,000 houses with steel frame and supplying photovoltaic modules as well as solar systems for these projects across the whole country.


Following this MOU, ET Solar will team up with Fenahtect, participating in the construction of these buildings around Brazil and offering one-stop solar solutions for them, including planning, engineering, procurement and construction services ("EPC"), installation and commissioning to fulfill the cooperation.

Mr. Eleuzito Da Silva Rezende, Secretary General of Fenahtect said, "ET Solar has achieved consistent high growth in recent years. We hope to work with them to power our houses with renewable energy. We believe that our cooperation with this innovative and reliable company will ensure a promising future."

Mr. Dennis She, President and CEO of ET Solar, commented: "It's a milestone for ET Solar as we make inroads in this market. We are very pleased to work with Fenahtect. It's important to us from both business and sustainability perspectives. Our role as a one-stop solar solution supplier and related assignments allows and enables us to accumulate abundant experience. This time, we will demonstrate a full services portfolio. We hope to extend our services to more projects beginning with this collaboration with Fenahtect. We look forward to bright prospects ahead in Brazil."

About ET Solar

ET Solar is one of the globally leading solar one-stop solution providers. With local sales and marketing subsidiaries and offices in Asia, Europe, and North America, ET Solar has provided solar modules, turnkey solutions services and PV balance of system components to its customers in over 50 countries. To learn more about ET Solar, please visit http://www.etsolar.com.

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