ET Solar Company Profile and Overview

ET Solar is a leading global provider of solar panel systems and solutions. Founded in 2007, the company has been at the forefront of the solar industry for over a decade.

Headquartered in Shanghai, China, ET Solar has established a strong presence in the global market, with offices and partners in key regions around the world. This global reach enables the company to provide seamless support to its customers worldwide.

ET Solar's product portfolio includes a wide range of solar panel systems, from residential to commercial and utility-scale projects. Their solar panels are designed to be highly efficient and durable, ensuring optimal energy output and long-term reliability.

With a focus on innovation and quality, ET Solar has established itself as a trusted brand in the solar industry, providing reliable and efficient solar panel systems to customers worldwide.

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ET Solar is a China-headquartered solar panel manufacturer that continued to manufacture modules after filing Chapter 11 bankruptcy in U.S. courts in December 2017.

The company is still considered a tier 1 solar manufacturer by Bloomberg New Energy Finance (BNEF). ET Solar's existing solar manufacturing facilities are located in Vietnam, Thailand, Cambodia, and Turkey.

ET Solar Inc. has a new ownership structure, with Yuanfar and Wuxi Bardon Company (BD) standing behind the ET Solar brand in the U.S. and its U.S. operations team. Yuanfar is a subsidiary of the China Aerospace Science and Technology Group, a government-owned enterprise.

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ET Solar is included in 1 Expert Collection, including Renewable Energy. This suggests that the company is recognized as a key player in the renewable energy sector.

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

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ET Solar's founders and board of directors play a crucial role in shaping the company's vision and direction.

Xinghua Wang is the founder of ET Solar, bringing his expertise and passion to the company.

The leadership team behind ET Solar is dedicated to driving innovation and growth in the solar industry.

ET Solar, a China-headquartered solar panel manufacturer, is relaunching its U.S. sales division after a 2017 bankruptcy.

The company closed its U.S. sales and large-scale development division in 2017 due to "U.S. solar trade tariffs" and filed Chapter 11 bankruptcy in U.S. courts in December 2017.

ET Solar Inc. has been reorganized and is now backed by Yuanfar and Wuxi Bardon Company (BD), which have committed to providing financial support to ensure the delivery of orders.

Yuanfar is a subsidiary of the China Aerospace Science and Technology Group, a government-owned enterprise, and has a strong financial background, with the ability to provide an average monthly supply chain financial support of $50 million.

ET Solar modules used in the U.S. market will come from the company's existing solar manufacturing facilities in Vietnam, Thailand, Cambodia, and Turkey.

The relaunched ET Solar Inc. plans to provide panel replacement and financial compensation to a large U.S. solar developer who had a warranty claim with the company before its bankruptcy.

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ET Solar offered a range of solar panel products in Australia, including the Elite Mono series with power outputs ranging from 360W to 385W.

These products were approved by the Clean Energy Council, ensuring they met the necessary standards for the Australian market.

ET Solar's product lineup included the Elite Poly series, which had power outputs between 340W and 345W.

The Elite Plus series was also available, with power outputs ranging from 400W to 410W.

Here are some of the key products ET Solar offered in Australia:

ET Solar panels have a 10-year product warranty and a 25-year performance warranty, the latter's nature depending on the model.

If you have a warranty issue, your best bet is to contact the company that installed them.

Contacting the installer may not always be successful, so you could try to find the Australian importer of the panels, who is responsible for their warranties.

If ET Solar imported the panels, you can try contacting the company on the email addresses provided.

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ET Solar Panels are not currently an option for those looking to install solar panels in Australia, as they are not on the CEC's approved modules list as of early 2025.

If you're in the market for solar panels, it's essential to do your research and ensure the product you choose is certified and reliable.

As of early 2025, there are no ET Solar panels on the CEC's approved modules list, which means they may not be a viable option for some customers.

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ET Solar Panels were available in Australia, but it's unclear when they stopped operating here. They had several product lines approved by the Clean Energy Council as recently as early 2024.

The Elite Mono series offered power ratings from 360W to 385W. I'm not sure if this was a competitive offering, but it's worth noting.

The Elite Poly series had a narrower power range, from 340W to 345W. This suggests a more focused approach to product development.

The Elite Plus series boasted higher power ratings, from 400W to 410W. This could be a good option for those looking for a more powerful solar panel.

Here are the product lines mentioned in the article:

ET Solar has raised a total of $50M in funding over 2 rounds. Its first funding round was in March 2008.

The company's latest funding round was a Series A round on July 20, 2008, which raised $31M. NewMargin Ventures led this round, with 5 investors participating in total.

ET Solar has 5 institutional investors, including NewMargin Ventures, Tsing Capital, and Ceyuan Ventures. These investors have played a crucial role in the company's growth and development.

Here's a breakdown of ET Solar's funding rounds:

ET Solar has some notable competitors in the solar industry. ET Solar ranks 20th among these competitors, which is a respectable position considering the competition.

One of the top competitors is Pennar, a public company based in India that has received funding from Investor Growth Capital and Eight Capital Management. They have a Tracxn score of 59/100.

Another competitor is Hanwha, a South Korean public company that manufactures solar cells and modules. They have received funding from SJL Partners and Everbright Group.

Here's a list of the top 5 competitors:

In the solar panel market, it's essential to consider a manufacturer's ranking to gauge their performance and reliability.

ET Solar's ranking is higher than 97% of panel manufacturers with at least 25 reviews on SolarQuotes.

This suggests that ET Solar is a reputable and trustworthy brand in the industry.

ET Solar's competitors and alternatives are a diverse group of companies, each with their own unique strengths and offerings.

The top-ranked competitor, Pennar, is a public company based in India, known for manufacturing precision-engineered products and building solutions.

SINTEF, a public research organization from Norway, ranks second, with a focus on technology and life science industries.

Hanwha, a public company from South Korea, comes in third, specializing in the manufacture of solar cells, modules, and other related components.

Otovo, a public company from Norway, ranks fourth, operating as a marketplace for residential solar panels.

Astronergy, a Series C company from China, ranks fifth, with a focus on manufacturing solar PV modules, having received $328M in funding from investors like Walden International and CICC.

The following table provides a summary of the top 5 competitors, highlighting their overall rank, company details, and total funding:

JA Solar and Karamtara also rank among the top 10 competitors, providing solar photovoltaic module components and integrated products for renewable energy and transmission lines sectors, respectively.