ET Solar Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
ET Solar Group - overview
Established
2005
Location
Nanjing, Jiangsu, China
Primary Industry
Renewable Energy
About
ET Solar Group is a prominent developer and manufacturer of solar energy solutions, specializing in high-efficiency photovoltaic modules and technology for various applications. Their offerings cater to residential, commercial, and utility-scale energy needs. ET Solar Group, founded in 2005 in Nanjing, China, focuses on producing solar energy solutions and has engaged in 4 significant funding deals. The company raised EUR 20 million in Venture Debt from China Development Bank Capital in March 2013, contributing to a total amount raised of EUR 50 million.
The company operates globally, with headquarters in Nanjing. ET Solar Group specializes in the development and manufacturing of solar energy solutions, focusing primarily on photovoltaic (PV) modules and related technology. Their core product offerings include high-efficiency solar panels designed for residential, commercial, and utility-scale applications, addressing critical energy challenges while reducing costs for end-users. They cater to a diverse clientele, including solar installers, energy developers, and utility companies across markets such as Europe, North America, and Asia.
ET Solar Group's revenue model is structured around direct sales of their solar products to various clients, including B2B transactions with solar installation companies and energy developers. Their partnerships facilitate bulk purchasing agreements, allowing clients to acquire substantial quantities of solar panels at competitive pricing. Transactions typically involve one-time purchases or long-term contracts, giving the company flexibility to meet client demands. Moving forward, ET Solar Group plans to leverage the EUR 20 million raised in Venture Debt to expand its product line and enhance existing technologies.
The company is developing new solar products aimed at improving efficiency, with specific market launches scheduled for 2024. Additionally, ET Solar is targeting further expansion into North American and European markets within the next 2 years, enhancing its global footprint.
Current Investors
NewMargin Ventures, Partners Group, Ceyuan Ventures
Primary Industry
Renewable Energy
Sub Industries
Solar Power
Website
www.etsolar.com
Verticals
Clean Technology
Company Stage
Series A
Total Amount Raised
Subscriber access only
ET Solar Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Halifax Solar Project | - | ||||||||
| N/A | Completed | Halifax Solar Project | - | ||||||||
| Trade Sale | Completed | Pyde Drove Solar Power Plant | - | ||||||||
| N/A | Completed | UK Ground-Mounted Solar Power Plant | - |
Displaying 1 - 4 of 4
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.