Solutions provider Solar ET Solar Group, announced yesterday have been assigned the construction of various photovoltaic installations in Romania totaling 50 MW from Tinmar-Ind, one of the first Romanian companies supply power and energy trading.

These facilities are located in three departments (judeti) in southern Romania, Gorj, Giurgiu and Dolj.

More than 20 MW are currently under construction and should be largely completed by the end of 2012. The grid connection and power should be held in the first quarter of 2013. The remaining 30 MW are under planning and construction should begin before the end of this year.

Under this agreement, ET Solar will act as supplier of photovoltaic modules and ET Solutions AG, the German subsidiary of ET Solar, will provide engineering, procurement and construction as well as construction financing. Operational services and maintenance for these facilities will be provided by ET Solar.

“This award represents a significant achievement for our business system in emerging markets. With years of experience we have gained in Germany and Italy, we are well positioned to offer solutions to these markets engineering, procurement and construction of high quality and cost effective, “commented Mr. Dennis She, CEO of ET Solar.

Mr. Augustin Oancea, CEO of Tinmar, added: “We are very pleased to partner with ET Solar as a strategic partner for these projects. ET Solar has proven to be a leading provider of solutions because of its strong ability to provide products of high quality modules, turnkey solutions and innovative financing mechanism to measure”.

ET Solar has established a subsidiary in Bucharest, Romania in July of this year.

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