ET Solar Agrees to Help Build 70-Megawatt Project in Philippines

(Bloomberg) — ET Solar Group Corp., a closely held Chinese
panel maker and developer, agreed to help build a 70-megawatt
power plant in the Philippines.

The project is being co-developed with Gate Solar
Philippines Corp., Nanjing-based ET Solar said Thursday in a
statement. Terms weren’t disclosed.

The power plant, ET Solar’s first in the Philippines, is
expected to be operational in March of next year. The company
also is investing in the project.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Carlos Caminada, Will Wade

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