About ET Solar
ET Solar is a company based in Nanjing (China) founded in 2005 by Xinghua Wang. ET Solar has raised $50 million across 2 funding rounds from investors including NewMargin Ventures, Development Principles Hong Kong and Ceyuan Ventures. ET Solar offers products and services including Photovoltaic Modules and Smart Energy Solutions. ET Solar operates in a competitive market with competitors including Hanwha, Pennar, Otovo, GCL Technology Holdings and Astronergy, among others.
- Headquarter Nanjing, China
- Founders Xinghua Wang
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Sectors
Energy & Utilities
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Et Solar Group
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 2 rounds
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Latest Funding Round
$31 M (USD), Series A
Jul 20, 2008
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Investors
NewMargin Ventures
& 4 more
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Employee Count
Not available
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Products & Services of ET Solar
ET Solar offers a comprehensive portfolio of products and services, including Photovoltaic Modules and Smart Energy Solutions.
Devices for generating solar energy from sunlight.
Optimized systems for solar technology and finance integration.
Funding Insights of ET Solar
ET Solar has successfully raised a total of $50M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $31 million completed in July 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ET Solar
ET Solar has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include NewMargin Ventures, Development Principles Hong Kong and Ceyuan Ventures.
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Early and growth Stage VC firm investing in China
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Early-stage tech investments in China are managed by Ceyuan Ventures.
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Tech & Energy focused Early & Growth stage Impact VC firm investing primarily in China and the US
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Investor details for ET Solar
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by ET Solar
Investment portfolio details for ET Solar
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - ET Solar
Detailed financials for ET Solar
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Et Solar Comparisons
Peer comparison for ET Solar
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of ET Solar
ET Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hanwha, Pennar, Otovo, GCL Technology Holdings and Astronergy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of solar cells, modules, and other related components
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Precision-engineered products and building solutions are manufactured.
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Homeowners are connected to solar panel installers via a marketplace.
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Poly silicon and wafer products are manufactured by the company.
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Solar PV modules are manufactured by Astronergy in Haining, China.
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Solar photovoltaic modules are supplied for energy applications.
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Detailed competitors of ET Solar
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Latest news on Et Solar
Complete news archive for ET Solar
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- Source and publication date
- Older coverage
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Frequently Asked Questions about ET Solar
ET Solar was founded in 2005 and raised its 1st funding round 3 years after it was founded.
ET Solar is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
Dennis She is the current CEO of ET Solar.
ET Solar is a funded company, having raised a total of $50M across 2 funding rounds to date.
ET Solar, led by Xinghua Wang as Founder, Dennis She as CEO, specializes in working in the energy sector, developing solar energy systems, hardware developer, generation equipment, pv, and module components. Manufacturer of solar PV modules. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
ET Solar's top competitors include Pennar, SINTEF and Astronergy.
ET Solar offers Photovoltaic Modules and Smart Energy Solutions.
ET Solar has 5 investors. Key investors include NewMargin Ventures, Development Principles Hong Kong, Ceyuan Ventures, Partners Group, and Tsing Capital.