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ET Solar extends its project solution services to Turkey
Friday, Apr 11, 2014

MUNICH, April 9, 2014 /PRNewswire/ -- ET Solar Energy Corp. ("ET Solar"), a leading smart energy solutions provider, announces that its German EPC subsidiary ET Solutions AG, based in Munich, Germany, has signed a strategic partnership agreement with MEL Solar Energy Corp. ("MEL"), a leading project developer from Turkey.

Mr. Dennis She, President and CEO of ET Solar, comments, "Turkish market entry represents a significant landmark for our system business. With our EPC execution and financing capabilities, we are well positioned to grow our business in this emerging market. We will work together with our local partner MEL to contribute to the development of green and sustainable energy in Turkey for the months and years to come."

Mr. Borga Karagulle, General Manager of MEL, comments, "We are very proud to have the engineering, procurement, and construction support from ET Solar as our experienced German project partner. With their technical support and our local network to companies and institutions, we are sure that we will have outstanding growth and first PV projects commissioned in short time."

"ET Solar, together with MEL, target 50 megawatt (MWp) for 2014/2015, includes licensed and non-licensed projects in both rooftop and ground mounted segments. ET Solar's execution and financing capabilities will be a convincing case for all potential customers in Turkey and the region to partner with us for bigger sized PV Solar installations."

About ET Solar

ET Solar is a leading smart energy solutions provider. With local sales and marketing subsidiaries and offices in Asia, Europe, North America, and South America, ET Solar has provided turnkey solutions services, solar modules, and PV balance of system components to its customers in over 60 countries.

To learn more about ET Solar and ET Solutions, please visit www.etsolar.com and www.etsolutions.de.

About MEL Solar Energy

MEL Solar Energy is a leading project developer company in the Renewable Energy and Energy Efficiency (REEE) fields. It provides full-service solution for its clients from feasibility study to operational maintenance. With offices in Istanbul, MEL put its focus on Turkey, as well as other emerging Middle East & Gulf Region REEE markets. To learn more about MEL Solar Energy, please visit us at www.melsolarenergy.com.

Source: ET Solar Energy Corp.

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