About ET Solar
ET Solar is an Energy & Utilities company based in Nanjing (China) founded in 2005 by Xinghua Wang. Solar PV modules are manufactured by ET Solar. ET Solar has raised $50 million across 2 funding rounds from investors including NewMargin Ventures, Development Principles Hong Kong and Ceyuan Ventures. Its chief executive, as recorded, is Dennis She. ET Solar offers products and services including Photovoltaic Modules and Smart Energy Solutions. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment. Its legal entity is ET Solar Group. Its competitors include GCL Technology Holdings and Astronergy; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters Nanjing, China
- Founders Xinghua Wang
- SectorsEnergy & Utilities
- Email••••••••
- Website etsolar.com
- Social LinkedIn X
- Legal Name Et Solar Group
- Total Equity Funding$50M (USD)
in 2 rounds
- Latest Funding Round$31M (USD), Series A
Jul 2008
- InvestorsNewMargin Ventures
& 4 more
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.
- Total Funding $50M
- Total Rounds 2
- Last Round Series A — $31M
- First Round $19M
(Mar 2008)
- Investors Count 5
All 2 funding rounds of ET Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2008 | $31M | Series A | – | NewMargin Ventures | |
| Mar 2008 | $19M | Series A | – | Tsing Capital | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth Stage VC firm investing in China | newmargin.com | Shanghai, China | ||
Early-stage tech investments in China are managed by Ceyuan Ventures. | ceyuan.com | Hong Kong, China | ||
Tech & Energy focused Early & Growth stage Impact VC firm investing primarily in China and the US | tsingcapital.com | Hong Kong, China | ||
| developmentprinciplesgroup.com | ||||
A global private markets firm focused on investment solutions. | 1996 | partnersgroup.net | Baar, Switzerland |
Investor details for ET Solar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ET Solar
2 people are tracked at ET Solar (2 in leadership).
| Name | Role | Group |
|---|---|---|
Xinghua Wang | Founder | Leadership |
Dennis She | CEO | Leadership |
Complete people profiles for ET Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of ET Solar
3 dated milestones of ET Solar across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ET Solar is founded.
- Funding First funding round of $19.0M.
- Funding Latest funding round, Series A, of $31.0M.
Competitors of ET Solar
ET Solar has 2 listed competitors in our database, 2 of them funded. They include GCL Technology Holdings and Astronergy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gcltech.com | 2006 | Suzhou, China | $710M | Poly silicon and wafer products are manufactured by the company. | ||
| astronergy.com | 2006 | Haining, China | $328.1M | Solar PV modules are manufactured by Astronergy in Haining, China. |
Detailed competitors of ET Solar
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of ET Solar
The website of ET Solar (etsolar.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 9.3% vs previous month
Websites whose visitors overlap most with ET Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| firstsolar.com | 100% | 52K | #590,691 | View details | |
| trinasolar.com | 92% | 281.4K | #80,629 | View details | |
kyocerasolar.com | kyocerasolar.com | 77% | – | ||
solarworld-usa.com | solarworld-usa.com | 76% | – | ||
| solars-china.com | 76% | #6,718,863 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for ET Solar
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Et Solar
Complete news archive for ET Solar
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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 CEO of ET Solar, as recorded in our data.
ET Solar is a funded company, having raised a total of $50M across 2 funding rounds to date. The company's 1st funding round was a Series A of $19M, raised on Mar 2008.
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 Astronergy and GCL Technology Holdings.
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.
ET Solar operates through Et Solar Group.